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Sign up freeGazette Of The United States
New York, New York County, New York
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Extract of letter from Havre de Grace dated Dec. 23, 1789, reports sharp decline in flour prices and abundance of provisions in France since early December. M. Necker ordered American flour for French government at 30s. sterling per barrel, delivered to France.
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" The ship Pennsylvania, being detained here by contrary winds, will convey you this letter.
" Since my last of the 5th instant the prices of flour are lowered very much; those provisions which a month before were so scarce, are so abundant at present that they seem to arise out of the ground; therefore we thought it proper for your interest and your government to inform you of this revolution.
"M. Necker wrote us lately that he had given considerable orders on flour in America, but that he, at the same time, had limited the prices of purchase, so that it would not cost our government more than 30s. sterling per barrel, free of expenses, and to be delivered in France. This may serve you as a rule if you make any shipments in that article to France."
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Foreign News Details
Primary Location
Havre De Grace
Event Date
Dec. 23, 1789
Key Persons
Outcome
prices of flour lowered very much; provisions abundant; considerable orders on flour in america at 30s. sterling per barrel, free of expenses, delivered in france
Event Details
Ship Pennsylvania detained by contrary winds. Since the 5th instant, prices of flour lowered significantly; provisions that were scarce a month ago now abundant. M. Necker informed of giving orders on flour in America with price limit of 30s. sterling per barrel for French government.