Thomas Jefferson Papers

Patrick Gibson to Thomas Jefferson, 9 December 1820

From Patrick Gibson

Richmond 9th Decr 1820.


Your favor of the 15th Ulto inclosing a blank note was received in the due course of mail, but too late to renew your note in bank due the 14th for which I had to substitute another in the meantime—Flour has fallen below anything I have ever yet known, and from the great anxiety shown by the Holders to sell, there is every appearance of its being still lower it is now offering at 3½$ and no purchasers, and even at this price, neither the Northern nor European markets hold out any encouragement to speculators—Wheat 60 Cents—I have not yet received any of your flour—With much respect

I am Sir Your obt Servt

Patrick Gibson

RC (DLC); between dateline and salutation: “Thomas Jefferson Esqre”; endorsed by TJ as received 31 Dec. 1820 and so recorded in SJL.

Index Entries

  • Bank of Virginia (Richmond); TJ’s loan from search
  • flour; price of search
  • Gibson, Patrick; and TJ’s flour search
  • Gibson, Patrick; and TJ’s loan from Bank of Virginia search
  • Gibson, Patrick; letters from search
  • Jefferson, Thomas; Business & Financial Affairs; loan from Bank of Virginia search
  • Monticello (TJ’s Albemarle Co. estate); flour from search
  • Richmond, Va.; flour prices at search
  • Richmond, Va.; wheat prices in search
  • wheat; price of in Richmond search