Jean,

Thank you for the answer, as you may have noted Liz Beecher also answered.

The period was 1768, in Ipswich, Massachusetts Colony.  This is in a newly 
published book about the Ipswich Lace Industry which was from 1750 - 1840. 
The author is Marta Cotterell Rafell, the ISBN 1-58465-163-6.  The laces 
pictured are point ground and Dieppe ground laces many of which were made in 
black or blond silk.
There is also a passage "he (the debtor) was also routinely purchasing large 
amounts of 'quality thread'.  On Aug 4, 1768, Mr. Pulcipher bought two more 
skeins of thread for 2 shillings, 6 pence.  Since lace is made from this 
thread, such purchases indicate that this household was engaged in lace 
making."

I am very eager to get further into the book.

Lorri


----- Original Message ----- 
From: "Jean Barrett" <[EMAIL PROTECTED]>
To: "Lorri Ferguson" <[EMAIL PROTECTED]>
Cc: "lace arachne" <[EMAIL PROTECTED]>
Sent: Wednesday, July 30, 2003 1:20 AM
Subject: Re: [lace] Monetary conversion site


> Hi Lorri,
> In pre-decimal England, 12 pence equal 1 shilling and 20 shillings
> equalled 1 pound. A debt of one pound three shillings and 4 pence was
> the same as 23 and a quarter shillings, so at 18 shillings a yard for
> the lace they would need to make something about 1 and a third yards.
> What sort of lace was this? as it seems a very high price for yard
> lace. Even into the  beginning of the 20th century adverts for Beds.
> lace showed lace edgings at anything up to 2 and a half shillings to
> the yard. Can you give a date for this?
> Jean in Cleveland U.K.
> [EMAIL PROTECTED]
>
> On Wednesday, July 30, 2003, at 06:41 AM, Lorri Ferguson wrote:
>
> > Hello Gentle Spiders,
> >
> > I know monetary exchange sights have been discussed and posted before
> > but I
> > didn't save the postings.
> > I have just purchased the new book on The Laces of Ipswich and there is
> > reference to the cost of laces and the threads.
>
> 
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