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Archive Reference / Library Class No.D3580/C/139
Title15 January 1811
William Longsdon at Liverpool to his father, James Longsdon, senior, at Longstone reporting that Mr Leech had told him that morning that new Baweds were yesterday offered at 14d, good quality, termed prime in Manchester. James should buy if he can possibly afford it. Prices have not been so low since the removal of the American embargo. The depression may be the result of the absolute inability of great portion of trade to maintain itself. But there are many reasons for anticipating an advance especially the removal on Non-Intercourse with America. The last advices from there forbid all further shipments there, and express the opinion that Non-Intercourse will be rigorously enforced if our Order in Council is not removed. An improvement of 10% if not unlikely. The new crop of cotton coming in is reported good quality. 10% might be saved on buying 15 bags which should not exceed £230. Several of James' acquaintances are trying to pick up bargains, men who never decide on slight grounds.
William has heard nothing from Longsdon [Longstone] or Manchester. He told Mr Finch of the need for the bill to give Mr Leech, but has had no answer. Has James been to Peak Forest and has anything further been done in that business?
William went to P Hope's on 12th, but found no-one at or near the house. Does the security held by James prevent him from proving on the estate and taking a dividend like the rest? If not it should be attended to. William is expecting some considerable names in Liverpool to appear in the List of Bankrupts.
Date1811
Levelfile
RepositoryDerbyshire Record Office
Archive CreatorLongsdon family of Little Longstone
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