James Madison Papers

John O. Lay to James Madison, 2 July 1825

Richmond 2nd July 1825


I herewith hand you enclosed a Certificate for $548.11 being the balance due you on account of Sales 6 Hhds. Tobacco as per statement annexed and which sum is deposited to your credit subject to your order, in the Farmers Bank of Virga—

The Sales referred to were transmitted you by mail 20th inst., the Certificate has been delayed for a Bill from the Mechanic for an augur (which was not rendered until yesterday) to enable me to ascertain the balance—Yours Respy

Jno. O. Lay

Wheat sells at 90 cts. Tobacco fully maintains the late prices—Corn 45 c. per Bushel—

RC and enclosure (DLC). Docketed by JM.

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