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Foreign News February 20, 1822

Alexandria Gazette & Daily Advertiser

Alexandria, Virginia

What is this article about?

Report from Bermuda dated up to January 23, 1822, via Norfolk arrival: Rumors of opening West India ports to US vessels; strong demand and high prices for American produce like superfine flour, rice, corn, peas, staves, and shingles; scarcity of dry provisions in Hamilton.

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Norfolk, February 15.

FROM BERMUDA.

Mr. Henry Tabb, of this place, who arrived here yesterday from Bermuda, via Elizabeth City, has politely favored us with Bermuda papers to the 23d January ~they contain no news, It was reported and believed at Bermuda that the British Islands in the West Indies would be opened to the United States. The Bermudian of the 23rd Jan. has the following (rather mystical) paragraph in relation to this interesting report:~

It is reported, but we believe upon very slender authority, that the West India Ports are to be opened to American vessels. Whether this is not a consummation devoutly to be wished in the West, and thence the report, we know not. it appears, to us, however, rather chimerical at present, particularly as the Trade established as it was, in 1818, was more reciprocal than it had hitherto been, and if the Americans felt an unusual Commercial depression; the question ought to be fairly put. - Where was the same not felt, during nearly all that period, between its establishment and the passing of Mr. Newton's Bill? It was the same in England, in France, in the North of Europe, and in America.

Extracts of Letters to a commercial house in this town, dated,

"Hamilton, (Bermuda) Jan. 14th 1822.

'American produce has maintained very fair prices, since September last, particularly superfine Flour, Rice, Corn, and Peas, which have generally been high and in brisk demand. Good staves and Shingles have also commanded fair prices. I have lately sold eight or ten cargoes afloat from N. Carolina, at £26 to 27 per M. for R. O. staves, 40 for W. O ditto, with beading; and 15s for shingles, payable in cash, and a cargo of salt delivered on board at Turk's Island, at 15 cents per bushel. Norfolk inspected staves, R O have been selling at £30, and W O with beading at 45, but the demand for staves begins at present to slacken, as the season is nearly too far advanced to ship them to the West Indies, in time for this year's crop.'"

January 22.

"Mr-n-, being detained since the 14th inst. for want of a conveyance to Norfolk, affords me an opportunity of advising of the state of our market for dry provisions, which are at present uncommonly scarce -not a barrel of superfine Flour just now to be purchased in Hamilton at any price, and very little corn,"

Another letter quotes superfine Flour at £10 30: and a letter of the 19th says-"Flour has been as high as 21 at Jamaica; on the 21st Dec. it was 15 16 very little Fresh fat market." It is not improbable that the next news we get from those places will be that it is down to 7 or 8 dollars,

What sub-type of article is it?

Trade Or Commerce Economic

What keywords are associated?

Bermuda Trade West Indies Ports American Produce Prices Superfine Flour Staves Market Commercial Letters

What entities or persons were involved?

Henry Tabb

Where did it happen?

Bermuda

Foreign News Details

Primary Location

Bermuda

Event Date

January 1822

Key Persons

Henry Tabb

Outcome

high prices for american produce: superfine flour up to £21 at jamaica, scarce in hamilton; staves at £26-30; rumors of opening west india ports to us vessels

Event Details

Mr. Henry Tabb brought Bermuda papers to January 23 reporting rumors of opening British West India ports to US vessels, deemed chimerical; letters detail brisk demand and fair prices for US flour, rice, corn, peas, staves, shingles since September; scarcity of superfine flour and corn in Hamilton by January 22; comparisons to 1818 trade and global depression

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