APPENDIX IV SHAREHOLDERS IN THE MINES ROYAL SOCIETY, "THE hole mass of the Minez Royall waz divided intoo xxiiij ti equall parts, whearof Thurland, for the English, had xij parts, and Daniel, for the Straungerz, had the other xij. The English parts again divided too partnerz and intoo porcionz as foll'weth : The Lorde Treazorer (Burleigh) The Lord Montjoy ... ij parts ... ... ... j part ... a quarter of a part j q'ter of a pt j quarter j q'ter j q'ter & q'mi q'ter xiiij parts. The rezidu of the parts whearof most be at the dispozicion of Daniel, hoow he hath bestowed them, or what remayneth w'th him, not yet certeinly known.-W. P. (Patten). [Indorsed] The distribution of the parts of the Mynes Royall, 1580." List of shareholders presented to Mr. Secretary Walsingham, 1580, in Grant Francis, "The Smelting of Copper," 1881, pp. 35–36. 1 1 Mining, Smelting and Selling combined with the Welch Collieries, 1785 (Boulton and Watt MS. Birmingham Assay Office). ... ... ... ... ... ... ... Dr. APPENDIX VI BRASS HOUSE CALCULATION IN 1781 (AT THE FOREST WORKS) 1 9 cwt. 1 qr. 20 lb. Copper shot at £86 per ton ... By 14 cwt. 0 qr. 16 lb. Brass at £90 per ton 10 lbs of do. in skimmings at £45 per ton... Helper ... ... ... ... ... ... Wear of furnaces, tools, grinding and dress 060 ing calamine, charcoal, fern, etc. If copper at £96 per ton add If the brass is made richer by using 6 lb. Quoted Percy, "Metallurgy," 1861, i, p. 616. APPENDIX VII PROPOSAL FOR AN AGREEMENT BETWEEN THE SUBSCRIBERS TO THE BIRMINGHAM SMELTING COMPANY AND MESSRS. FENTON AND THE CHASEWATER COPPER COMPANY, 1786.1 "(1) That the Smelting Works of Messrs. Fenton & Co. shall be taken at £4,000. (2) That the Stock of Lighters, Cranes, Tools, etc., be taken at value to be fixed. (3) That as the B'ham Subscribers are as well consumers as smelters, whilst Fenton & Co. are smelters only it will be necessary to adopt some mode of fixing the price of copper, in case of the present Agreement with the Cornish Metal Co. being dissolved and the trade revert to the former channels. It cost Messrs. Fenton & Co. £28,065 11 72 to smelt 16,683 tons of copper ores from 1st Jan., 1781, to 1st Jan., 1786, this including every expense in Cornwall & Wales to delivery of fine copper on Board, Insurance of ores excepted, and which was expended on different Accounts as under. Revised Charges £1 11 11 per ton. 1 Boulton and Watt MS. (Birmingham Ref. Lib.). Estimate of Capital required to smelt one-eighth part of Cornish Ores or 4,500 tons per Annum To purchase 375 tons per month @ £6 5 per ton Making it into fine copper @ £1 12 per ton £2,343 15 0 600 0 0 Estimate of profits on above 8% on £28,125-cost of 4,500 tons ores @ £6 3 £2,250 Profit on Smelting 4,500 tons @ 13/- per ton Equal to 15.13% on £34,187 10 0... ... 2,925 0 0 £5,175 0 C |