Throughout most of the period 1650-1725 the value of tobacco was set for the Virginia colony - "price fixing", as we have tried many times - at 2p (two pence) per lb.. That would be equal to about $1.50 per lb. now.
----- Original Message -----
From: teresa stuart de rios
To: Paul Drake
Sent: Monday, July 12, 2004 9:50 PM
Subject: Re: [VA-SOUTHSIDE-L] Re: question
Hi Paul, thanks for helping me out again. Now, what was the cost of 500
lbs of tobacco in SS VA in 1705. I guess a better way to but it would be
what was the cost of a lb tobacco in Surry CO VA 1705.
Teresa
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