From Capel & Osgood Hanbury
London Augt 30th 1770
We had the pleasure of writing Thee the 21st of May last, the Lunn & Lloyd Capn Necks, which We hope will come safe to hand, since which, We have received Thy favor of the 21st June, advising of Thy bill on Us in favor of Peyton Randolph for £250, which has not yet appear’d, when it does it shall meet due honor, & agreeable to Thy directions shall be plac’d to the debit of the Estate of Daniel Park Custis,1 on which Account Thee advises it to be drawn.
We have now to advise of the safe arrival of the Hanbury, after a tolerable good passage, & find ourselves favor’d with 10 hhds of the Estates Tobacco, which shall be dispos’d of to the best advantage—The prices at present are rather upon the decline, occasion’d principally by an opinion, which the Buyers entertain of the largeness of the Crops in Virginia, & Maryland; how far this may prove to be the case, time only can discover, The demand for Tobacco at present is not very brisk, the prices are from 10d. to 11d. lb. home consumption & from 3d. to 3¾d. lb. for exportation, according to quality, the very finest sorts will produce something more—We shall do our utmost endeavors in keeping them up, & in rendering such Account sales for our friends Tobacco, as We hope will meet with their approbation—In our last to Thee We express’d our intention of closing our Books to the 1st Inst. but as we have not yet sold all the Tobacco consign’d us, We are oblig’d to defer it a few months longer.
We have taken the liberty to inclose a Letter to our friend John Park Custis, which We make no doubt Thee will be pleas’d to convey to him2—We shall again send Capn Esten in the Hanbury so as to be in Virginia at the usual time, for the accomodation of our friends, & We flatter ourselves they will not be backward in giving her a quick dispatch. It will afford us particular pleasure at all times to hear of thy Welfare, & are with great regard Thy assured Friends
Capel & Osgood Hanbury
LS, ViHi: Custis Papers. Letter arrived “ the Two Sisters Capn [George] Taylor” on 18 Feb. 1771. Taylor sailed for London on 30 May.
1. As GW had instructed on 21 June, Hanbury drew on John Parke Custis’s account, not on that of his father’s estate as this would indicate.
2. The text of the Hanbury letter of this date to John Parke Custis is: “Our last to Thee was the Lunn & Lloyd Capn Necks, dated 20th May 1770, to which We beg leave to refer, since which, We have received George Washington Esqr.’s favor of the 21st June last, advising of his bill on us in favor of Peyton Randolph for £250, on Thy Account, which has not yet appear’d, when it does shall meet due honor—We have the pleasure to advise Thee of the safe arrival of the Hanbury Capn Esten, after a good passage by whom we find ourselves favor’d with 10 hhds of Thy Tobacco, for which we shall do our utmost in procuring the best prices the Market will afford, at present We have not landed any part of her Cargo, as She is a full ship, the Tobo must consequently be very warm, & were we to land it immediately, would loose considerably in weight. Since the arrival of the last Ships, the prices of Tobo have been rather upon the decline owing in a great measure to an opinion, the Buyers entertain, of the prospect of large crops in Virginia, & Maryland; how far this may be the case, time only can determine, the demand at present is not very brisk, the prices are from 10d. to 11d. lb. home consumption, & from 3d. to 3¾d. lb. for exportation, very fine will produce something more; We shall do our endeavors in keeping them up—We intend sending Capn Esten so as to be in Virginia at the usual time, for the accomodation of our friends, & we hope for the continuance of Thy friendship, and assistance in promoting his dispatch—When We wrote to Thee last it was our full Intention, to have clos’d all our Accots to the 1st Inst., & of rendering our friends Accots Currt up to that time, but as We have not yet dispos’d of all the Tobo consign’d us, We are under a necessity of defering it a few months longer—It will give us pleasure at all times to hear of Thy Welfare” (ViHi: Custis Papers).