Thomas Jefferson Papers

Patrick Gibson to Thomas Jefferson, 17 May 1817

From Patrick Gibson

Richmond 17th May 1817


I have received seven Hhds of your Tobo which I have sold to J Mutter & Co on 60d/. credit at $8¼ no part of it was fine, and 1 Hhd. so indifft as to cause some hesitation in passing it—Our flour market is excessively dull, indeed it is impossible to say what price could now be obtained, as none seem willing to purchase, I do not know that 12$ could be obtained—I have not been able to make any further sale of yours—I have advice from Le Roy Bayard & Co of the receipt of a dft at 3d/s for $2000. remitted them on your accot for which I had to pay a prem: of 1 pCt—I inclose a note for your signature to renew the one due 3/6th of next month   With much respect

Your obt Servt

Patrick Gibson

RC (MHi); between dateline and salutation: “Thomas Jefferson Esqre”; endorsed by TJ as a letter of 20 May received 22 May 1817 and so recorded in SJL. Enclosure not found.

Index Entries

  • Bank of Virginia (Richmond); TJ’s loan from search
  • flour; at Richmond search
  • Gibson, Patrick; and TJ’s flour search
  • Gibson, Patrick; and TJ’s loan from Bank of Virginia search
  • Gibson, Patrick; and TJ’s tobacco search
  • Gibson, Patrick; letters from search
  • Gibson, Patrick; payments made for TJ search
  • Jefferson, Thomas; Business & Financial Affairs; debt to N. & J. & R. van Staphorst search
  • Jefferson, Thomas; Business & Financial Affairs; loan from Bank of Virginia search
  • John Mutter & Company (Richmond firm); buys tobacco search
  • LeRoy, Bayard & Company (New York firm); and TJ’s debt to N. & J. & R. van Staphorst search
  • Richmond, Va.; flour prices at search
  • Staphorst, N. & J. & R. van; TJ’s debt to search
  • tobacco; sale of search