Record of Stock Purchases, July 1761–August 1761
Record of Stock Purchases
Copy:2 Historical Society of Pennsylvania
| 1761 July 5th. paid for £10,000 Scrip of 17613 | ||||
| the preceeding Payments being made | £4,800: | —: | — | |
| 28 | paid for this Monthly Payment | 1,000: | —: | — |
| Augst. 14 | paid the Remaining Payments | 3,000: | —: | — |
| £8,800: | —: | — | ||
| £10,000 Stock at 88 P Ct. per London Chron. No. 707 from July to July 7: 17614 | ||||
| Commission £4,800. for Brokers | 12: | 10: | — | |
| £8,812: | 10: | — | ||
| do. | Cash recd for advanced Payments made this day on the Scrip5 | 16: | 7: | 10 |
| Nt Cost of £10,000 Stock | £8,796: | 2: | 2 | |
Endorsed: July. 1761 Ten thousand Pound Scrip at 88 per Cent. the Net Cost £8,796. 2. 2 No. 4
2. In a clerk’s hand. The endorsement, I.N., in the left-hand corner shows that BF submitted this document, as he did every other paper relating to his stock purchases for the province, to Speaker Norris.
3. This was BF’s final purchase on the province’s behalf. Between December 1760 and August 1761 he had paid £26,977 19s. 8d. (including broker’s commissions and deductions for pre-payments) for stock whose face value was £30,000. See above, pp. 254, 313. BF recorded the present series of payments in his “Account of Expences,” p. 60; PMHB, LV (1931), 131.
4. London Chron., number 707 (July 4–7, 1761), lists the price of “Scrip. 1761” at “88 a 87⅜.”
5. BF recorded receiving this sum in “Account of Expences,” p. 61; PMHB, LV (1931), 131.