To James Madison from James Maury, 25 October 1804
From James Maury
Liverpool 25 octr 1804
Dear Sir,
I had the pleasure to write to you on the 21st of July1 relative to the Tobaccoe you had been so good as consign me, since which I have been favored with your letter of 22d of the same month.2 I much regret the produce of this consignment falling so considerably short of your expectations. It has had every advantage it could have in waiti[n]g the reguler call of the buyers in the market & produces no more than £422.0.11 as ⅌ the inclosed sales to which you may add £25.11.6 recovered from the underwriters for damage. Both sums to your credit in account current herewith, by which the balances appears £78.6.8 in my favor besides the drafts you advise of which have not yet appeared & which I shall take care of.3 I may probably have occasion to draw on you shortly for this difference.
In the inclosed price current you have the State of this Market. With great esteem & regard I am dr Sir your friend
James Maury
RC and enclosures (DLC). For surviving enclosures, see n. 3.
2. Letter not found (calendared ibid., 7:505).
3. The enclosures, dated 25 Oct. 1804, are an account of income and expenses for twenty-one hogsheads of JM’s tobacco sold between 21 Feb. and 7 Aug. 1804 (1 p.; docketed by JM; two copies) and JM’s account with Maury from 14 Dec. 1803 to 25 Oct. 1804 (1 p.).