Monday, July 2, 2018

The Prices of Commodities Jumped During the War of 1812 #vagenealogy #vaancestry #vawils #vaestates #vamarriages #virginiapioneersnet

The Prices of Commodities Jumped During the War of 1812

General ArmstrongIn war, as in other troublesome times, prices are subject to fluctuate in price. Two great staples were flour and sugar, mostly lacking due to impeded water transport. From a table of prices current, of August, 1813, it appears that at Baltimore, in the centre of the wheat export, flour was $6.00 per barrel; in Philadelphia, $7.50; in New York, $8.50; in Boston, $11.87. At Richmond, owing to inferior communications, the price was $4.00. Flour at Charleston was reported at $8.00, while at Wilmington, North Carolina, it was $10.25. At Boston, sugar which was unblocked, was quoted at $18.75 the hundredweight, itself not a low rate; while at New York the blockaded rate was $21.50; at Philadelphia, with a longer journey, $22.50; at Baltimore, $26.50. At Savannah sugar was $20, because considering its nearness to the Florida line and inland navigation, smuggling was a successful and safe venture. New Orleans was a sugar-producing district, and the cost was $9.00, however, on February
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