92 



RAW- SILK. 



m 



(I.) largest and finest cocoons of the most favourable 

 bunds (viz. March and November)" at a loss to the 



Board of Trade, ^ 



4 March 1831. Pykars, the Board resolve to allow at all the fac- 

 tories manufacturing silk of this letter a compen- 

 sation, over and above the general price fixed, of 



12 annas per seer on letter A, No. i 

 6 . . — A, No. 2 



No. 3. 



Extract Minute of the Bengal Board of Tradcy 

 dated the 7th June 1831 . 



Minute of The progressive increase on the prices paid for 

 7Tune^^83i.^* cocoous siucc 1815-16 uutil within the two past 

 years, may partly be explained by the increased 

 demand for silk as the principal article of the 

 Company's investment before the supply was fully 

 equal to the demand; but this does not satisfac- 

 torily account for the high prices so long main- 

 tained, when it is considered that the cultivation 

 of the mulberry, and means of rearing the worms, 

 may be carried to almost any extent, and still pay 

 more to the persons engaged in these pursuits 

 than they could derive from any other source or 

 occupation. 



That the supply is noAv as adequate to the de- 

 mand as it was when both the supply and demand 

 were less, and the price considerably lower, there 



