Bernard Peyton to Thomas Jefferson, 15 March 1824
From Bernard Peyton
Rich’d 15 March 1824
Dear Sir,
I am favor’d with yours of the 12th:, & note contents—
I have received 397 Barrels of Flour, in all, this season, on your ℀, which is sold, & the nett pcds: of the whole, at your credit; deducting the Bank discount, on such as was sold on credit, instead of for cash, this leaves your ℀, this day, against you, $160 Dollars, including the sum paid me by Th: J. Randolph, for your ℀, say $1,500 Dollars, which passed to your credit, at the time it was paid. This I state merely to correct the impression you appear to be under, that there is now a balance in your favor, of some four or five hundred dollars, & not to intimate a disinclination to honor the dfts: you speak of having drawn, which shall certainly be done, with pleasure.
We have more flattering accounts for Breadstuffs, from England, by the late arrivals, to the 18th: ulto:, from Liverpool, little doubt is entertained of the English ports opening to Canada grain, & possibly ours, which has caused an advance in Flour here, to=day, to $5⅛ @ 5¼, & a still further advance calculated on.—
Bernard Peyton
RC (MHi); endorsed by TJ as received 18 Mar. 1824 and so recorded in SJL.
Index Entries
- Canada; exports of search
- flour; exportation of search
- flour; price of search
- flour; sale of search
- Great Britain; wheat in search
- Jefferson, Thomas; Business & Financial Affairs; sells flour search
- Peyton, Bernard; account with TJ search
- Peyton, Bernard; and TJ’s flour search
- Peyton, Bernard; letters from search
- Randolph, Thomas Jefferson (1792–1875) (TJ’s grandson; Jane Hollins Nicholas Randolph’s husband); and TJ’s financial transactions search
- Richmond, Va.; flour prices at search
- United States; exports of search