Alexander Hamilton Papers

To Alexander Hamilton from William Seton, 3 January 1791

From William Seton

[New York] 3 Jany 1791

Sir

I have the honor to inform you that this day I have sold the Treasurers Bills on Amsterdam for 25,000 Guilders to Different persons at the price you limitted of 36/4/11 Ninetieths per Guilder payable by Notes at 90 Days,1 in which Notes I have included the Interest for 33 Days, as all the purchasers chose to avail themselves of that indulgence, given in your Letter of the 24 Decbr.2 I have no doubt that the Notes taken will be certainly & punctually discharged when due as the Names of both Drawers & Endorsers are esteemed indubitably good.

From the demand this day, I should suppose a much larger amount might be sold readily, if the whole sum to be drawn for is not already Disposed of, as there are at Present very few Drawers on London.

I have the Honor to be with the greatest respect.

LC, Bank of New York, New York City.

1. See H to the President and Directors of the Bank of New York, December 13, 1790.

2. Letter not found.

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    Hamilton Papers
    Title
    To Alexander Hamilton from William Seton, 3 January 1791
    Author
    Seton, William
    Recipient
    Hamilton, Alexander
    Date
    3 January 1791

    Reference

    Cite as
    “To Alexander Hamilton from William Seton, 3 January 1791,” Founders Online, National Archives, https://founders.archives.gov/documents/Hamilton/01-07-02-0284. [Original source: The Papers of Alexander Hamilton, vol. 7, September 1790 – January 1791, ed. Harold C. Syrett. New York: Columbia University Press, 1963, pp. 410–411.]

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