On January 1, 1720, the Daily Courant, and other papers, quote South Sea Stock at 127³⁄₄, 128⁵⁄₈, to 128. Bank 150¹⁄₄. India 200, 200¹⁄₂, to 200. The quotation for Thursday, April 7 (in Daily Post, Friday, April 8), is, “Yesterday South Sea Stock was 314, 310, 311, 309, 309¹⁄₂, to 310. Bank 145. India 223.” On the 27th May it was 555, and Bank was 205 (Post Boy, May 28). It then fell a little, but in the Daily Courant of June 2 it is quoted at 610 to 760, Bank 210 to 220, India 290 to 300. The Daily Post of Wednesday, June 8, contains the following puff for the scheme: “’Tis said that the South Sea Company being willing to have all the Annuities subscribed to their Stock, now offer forty-five years’ purchase for those which have not yet been bought in.” And again: “The Annuities which have been subscribed into the South Sea Stock are risen to a very great height, so that what would formerly sell but for £1500, is now worth £8000.” In the Post Boy of June 23-25, we find this: “Yesterday South Sea Stock was for the opening of the Book 1100. 1st Subscr. 565, 2d Subscr. 610, 3rd Subscr. 200. Bank 265.