James Madison Papers
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https://founders.archives.gov/documents/Madison/04-03-02-0558

To James Madison from John O. Lay, 20 June 1825

From John O. Lay

Richmond 20th. June 1825

Sir

I herewith hand you Sales of Six Hhds. Tobacco nett proceeds $597.80/100 which I hope will prove satisfactory.

In order to ascertain the exact balance it is necessary that I should get in one or two little Bills of articles ordered by Mr. Eddins and so soon as that is done the amount will be deposited at Bank and a Receipt transmitted you as heretofore. Yours Very Respy.

Jno. O. Lay

The average price for Wheat for the early part of the season is estimated at 80 a 85c and some engagements have been made at these prices.

[Enclosure]

Sales of 6 Hhds. Tobacco made by Jno. O. Lay for acct. of Mr. Jas. Madison.

No. 11 J. Jones 1 Hhd. 1200 = 110 = 1090 Refd. @ $ 5.   54.50
 ”  12 J. H. Brown 1 do 1347 = 132 = 1215 @ 7.60 92.34
 ”  13 R. & T. Gwathney 1 do 1434 = 144 = 1290 @ 11.   141.90
 ”  14 D. & C. Warwick 1 do 1375 = 145 = 1230 @ 12.25 150.67
 ”  15 B. J. Harris 1 do 1122 = 142 = 980 @ 8.05 78.89
 ”  16 T. Adkins 1 do 1300 = 130 = 1170 Stemd. @ 8.85 103.54
$ 621.84
 
Richmond 20th. June 1825 Charges
Inspection at W. House $ 6.75
Drayage from Store & Labor 1.75
Commissions 2½ pCt. 15.54 24.04
Nett Proceeds. $597.80

Jno. O. Lay

RC and enclosure (DLC). RC cover addressed by Lay to JM at Montpelier, with the direction “Mr Banks”; postmarked Richmond, 24 June; includes a note in an unidentified hand: “forwarded from Montpelier P.O. Han[over]”; docketed by JM.

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    Madison Papers
    Title
    To James Madison from John O. Lay, 20 June 1825
    Author
    Lay, John O.
    Recipient
    Madison, James
    Date
    20 June 1825

    Reference

    Cite as
    “To James Madison from John O. Lay, 20 June 1825,” Founders Online, National Archives, https://founders.archives.gov/documents/Madison/04-03-02-0558. [Original source: The Papers of James Madison, Retirement Series, vol. 3, 1 March 1823 – 24 February 1826, ed. David B. Mattern, J. C. A. Stagg, Mary Parke Johnson, and Katherine E. Harbury. Charlottesville: University of Virginia Press, 2016, pp. 542–543.]

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