730
Insurance, 10 per cent. 950
------
Total L4,135

Exclusive of yearly depreciation of capital--say, last seventeen years,
is 558_l._ 16_s._ yearly.

The per centage here taken for yearly supplies, is below the true
outlay. The following sums, in full details, have been received from
a very accurate and competent hand, of the outfits of a _new_ vessel
of 230 tons, cost 4000_l._, for six successive voyages in the West
Indian trade, during a period of 48 months. It is considered unnecessary
to insert the details at length. The amount is given for
each voyage:--

1st Voyage L96 11 5 4th Voyage L646 3 11
2d ditto 219 17 0 5th ditto 348 12 8
3d ditto 301 1 4 6th ditto 266 8 2
_________ __________
L617 9 9 L1261 4 9
_________ __________
Together L1878 14 6 Average L313 2 6

Nearly EIGHT per cent, for each voyage, or _twenty-four_ per cent. per
annum. The amount would also increase yearly with the age of the
ship.

II.--_Steam Boats._ (p. 114)

Value 24,000_l._, Interest at 5 per cent L1,200
Tear and wear, do. do. 1,200
Insurance, do. do. 1,200
______
L3,600

Crews, in all 40. Captain per annum L400
1st Mate 112
2d do. 68
Master 112
1st Engineer 173
2d do. 122
3d do. 88
Engineer Extra 173
3 Engineer Boys, average 39
4 Apprentices, at 10s. per month 24
4 Stewards and Boys, aver. 25s. do. 60
21 Seamen, &c. &c. at 40s. per do. 504
Provisions, at 30s. each, per do. 720
____
2,595
_