When was it published?

June 21, 1830 in Phenix Gazette

Foreign News June 21, 1830

Phenix Gazette

Q: What entities or persons were involved?

King Of Spain, Horatio Sprague & Co.

Q: What keywords are associated?

Tobacco Monopoly, Cadiz Trade, Spanish Decree, Salt Duty Reduction, Tobacco Prices

Alexandria, Virginia

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What is this article about?

A decree re-establishing Spain's tobacco monopoly at Cadiz is suspended by the King after local appeal; tobacco shipments resume as before with prices expected at 6-7 per quintal; salt export duty reduced from 150 to 30 cents per last.

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OCR Quality

95% Excellent

Full Text

Commercially Important. An article has been published from the Madrid Official Gazette, containing a decree of the King of Spain re-establishing the government monopoly of Tobacco at Cadiz. The local authorities at Cadiz sent up to Court a representation on the subject, and shipments of Tobacco were recommended to be suspended until an answer could be had to the application so materially affecting the commerce of that place. The editors of the New York Daily Advertiser are indebted to a commercial friend for the following letter, by which it will be seen that all restrictions are removed.

Cadiz, 6th May, 1830.

Dear Sir--No opportunity having before offered by which we could acquaint you with the answer to the representation sent up to Court by the local authorities of this place, we have now the pleasure to state that an answer has been received, and that the restrictions threatened this port have been suspended by the King; and Tobacco is now admitted as heretofore, which we mention for the information of yourself and friends. A small lot of 21 hhds. have arrived from Boston, and have been placed at $10 per qtl. We look for arrivals of this article this month, when prices will probably rule from 6 to 7 per quintal.

The duty on Salt exported from hence to foreign countries has been reduced from 150 to 30 cts. per last of 48 fanegas. Your ob't. servants,

HORATIO SPRAGUE & CO.

What sub-type of article is it?

Trade Or Commerce Economic

What keywords are associated?

Tobacco Monopoly Cadiz Trade Spanish Decree Salt Duty Reduction Tobacco Prices

What entities or persons were involved?

King Of Spain Horatio Sprague & Co.

Where did it happen?

Cadiz

Foreign News Details

Primary Location

Cadiz

Event Date

6th May, 1830

Key Persons

King Of Spain Horatio Sprague & Co.

Outcome

tobacco restrictions suspended, admitted as before; small lot from boston at $10 per qtl., expected prices 6 to 7 per quintal; salt export duty reduced from 150 to 30 cts. per last of 48 fanegas.

Event Details

Decree from Madrid Official Gazette re-established tobacco monopoly at Cadiz; local authorities appealed; shipments suspended pending response. Letter from Cadiz reports King's suspension of restrictions, tobacco admitted as heretofore; 21 hhds. arrived from Boston; further arrivals expected with lower prices; salt duty reduced.