1To James Madison from John O. Lay, 12 January 1822 (Madison Papers)
Understanding from my friend Col. Dade that you would probably make trial of this market with your present crop of Tobacco and having heretofore effected satisfactory Sales for several of your neighbors I beg leave to offer you my services as a Commission Merchant. The Tobacco from your neighborhood so far as it has come under my observation is in high repute with us and I think generally...
2To James Madison from John O. Lay, 17 July 1822 (Madison Papers)
I have the pleasure to forward by your Brother’s Waggon a Small Box of Seed which came to hand a few days since. As I have frequent opportunities of sending to your neighborhood, it may perhaps facilitate the transportation of any articles you may wish forwarded through here, by directing them to my care, and, if so, I shall take pleasure in attending to them. I am Sir Very Respy. Your Obt....
3John O. Lay to William Madison, 11 May 1824 (Madison Papers)
The prices of good Tobacco are such as to satisfy the expectations of the grower but the proportion as yet in market is small compared to inferior, the latter description has consequently been plenty and dull. About 70 Hhds. of the crop of John Randolph of Roanoke were sold last week the best of which reached near $13. and the average was probably $8½ or $9. I am of the opinion that from the...
4To James Madison from John O. Lay, 14 May 1825 (Madison Papers)
I received by last mail yours of the 12th. inst. There was a good deal of excitement in the Tobacco market this morning and the break went off at an advance of fully $1. over the prices of the two preceding days. Considering the first of an advance as generally the most favorable time for selling I had your 8 Hhds. listed for next Wednesday, that being the earliest day they can come on, in...
5To James Madison from John O. Lay, 20 May 1825 (Madison Papers)
I have the pleasure to enclose you Sales of 8 Hhds. Tobacco & also a Receipt for the nett proceeds amounting to $787.56 which is deposited in the Farmers Bank of Va. subject to your order. The Sales were made each Hhd. separately as requested by Mr. Eddins, neither the prices or quality equal my anticipations but the sales in proportion to the quality were certainly equal, and said by some...
6To James Madison from John O. Lay, 20 June 1825 (Madison Papers)
I herewith hand you Sales of Six Hhds. Tobacco nett proceeds $597. 80/100 which I hope will prove satisfactory. In order to ascertain the exact balance it is necessary that I should get in one or two little Bills of articles ordered by Mr. Eddins and so soon as that is done the amount will be deposited at Bank and a Receipt transmitted you as heretofore. Yours Very Respy. The average price for...
7To James Madison from John O. Lay, 2 July 1825 (Madison Papers)
I herewith hand you enclosed a Certificate for $548.11 being the balance due you on account of Sales 6 Hhds. Tobacco as per statement annexed and which sum is deposited to your credit subject to your order, in the Farmers Bank of Virga. The Sales referred to were transmitted you by mail 20th. inst., the Certificate has been delayed for a Bill from the Mechanic for an Augur (which was not...
8To James Madison from John O. Lay, 9 July 1825 (Madison Papers)
I enclosed you on the 5th. inst. a Certificate for $548.11 deposited to your credit. The 2 Hhds. No. 9 & 10 are at SeaBrooks Ware House and will be opened in course of the ensuing week. Having no Receipt for them I was under the impression they had not come in when I sold the others, but on reference to Mr. Eddins Letters I find he mentions them. Could I have anticipated the present state of...
9To James Madison from John O. Lay, 15 July 1825 (Madison Papers)
I duly received yours covering a Check dated 7th. inst. for $500. which is herewith returned you, the former Check in favor of —— Fowler for the same amt. on the Bank of Va. having (at my request) been paid by the Cashier of the Farmers Bank, who has also taken in another small Check of yours say $98. which was drawn on and had been paid at the Bank of Va. I presume through mistake. Your acct....
10To James Madison from John O. Lay, 2 August 1825 (Madison Papers)
I herewith hand you Sales of the 2 Hhds. Strips No. 9 & 10 (which I did not dispose of until yesterday) nett proceeds $213.90 which amount is deposited to your credit in the Farmers Bank of Va. and a Certificate for it enclosed. Both these Hhds were dry and sweet. No. 9 was something better than No. 16 sold in June at $8.85 but No. 10 was inferior in quality to No. 7. I valued them at $11. and...