James Madison Papers

To James Madison from Maury & Latham, 19 October 1821

From Maury & Latham

Liverpool 19 Octo 1821

Sir,

Since we had this pleasure we have disposed of your remaining Tobacco at prices which we hope will be satisfactory & now beg to hand you Account Sales of the same leaving to your Cr. £278. 13. 5.

The business done in Tobacco this month has been extensive & at ¼ a ½ advance upon prices of August—supposing however that these advices would bring forward heavy supplies we have availed ourselves of the demand.

We would recommend your planting the larger description of Tobacco in future as such is so much preferred here that our manufacturers will give for equal quality of a larger description fully 1 d per ℔s more.

Our Ports will not open to Flour from the United States in Feby even—possibly they may in May, for the Crop is certainly materially injured. However the low price at which inferior Wheat must be sold will keep down the average.

We quote Tobacco @ 3 a 7 d & 7½–Flour 30/. We have the honor to be Sir With high respect Your most obedient servants

Maury & Latham
per William Maury

[Enclosure]

Account sales of 14 hhds tobacco recd. per Glide Wm Adams from Virginia on account of James Madison Esq. 1821

Sep 21 Wm Stewart 2 hhds IM 7. 11. 2. ” .. 17 or 1271 lbs at 4¼ 22 10 1 2. 11. 3. 2 .. 17 ” 1301 ” 5 27 2 1 Oct 1 T. Brown & Son 1 5. 10. 1. 26 .. 17 ” 1157 ” 4¾ 22 17 11 “ 2 Thos Roberts & Co 1 14. 10. 3. 7 .. 17 ” 1194 ” 4¾ 23 12 7 “ 3 Rayner & Co 1 13. 11. ” 3 .. 17 ” 1218 ” 4¾ 24. 2. 1 “ 4 Moulsons & Co. 9 8. 12. ” 2 .. 17 ” 1339 ” 4¾ 26 9 11 3. 12. 1. 21 .. 17 4. 12. 3. 6 .. 17 6. 11. 1. 22 .. 17 9. 13. -. 16 17 1 11. 3. 26. 17 12 12. 2 1. 17 11. 11. 3. 16. 17 11. 11. 3. 7. 17 98. 3. 136. 10843 “ 4¼ 192 2 338 14 10 ———Charges——— Augt 2. To insurance £336 at 25/ Ⴜcent & Policy 5. 8. — Sep 22 freight at 46/6 Ⴜ hhd & primage 5 Ⴜct 34. 3. 7 landing charges 10/ Ⴜ hhd 7. —. — fire insurce. 6/ postage of remces., & abated 2/10 —. 8. 10 commission including brokerage & risk of debt on £338.14.10 at 4 Ⴜ cent } 13. 11. — 60 11 5 Nett proceeds due in cash 3. March 1822. £278 3 5 Errors excepted Liverpool 10 October 1821 Maury & Latham per William Maury

RC and enclosure (DLC). Enclosure docketed by JM.

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