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Archive Reference / Library Class No.D3580/C/231
Title21 August 1811
John Longsdon to father. Journey now postponed to 23rd. First object should be to establish good relationship with his bankers. Should be regular balance of £200 in father's favour. Interest account should be likewise in his favour, both of these may be accomplished before long. Regular sale of goods would provide former and as for latter, if father draws new bills for less than three months which is short enough today, writer will undertake to make such lodgements as shall throw the interest in father's favour at years end. But no bills at less than three months. An allowance of a month's interest on a banker's acceptance at three months is a very poor offer for a 2nd bill. At least if any one refuses it writer would end the account with him. Trying to get some cash to place in Jones' hands. If he gets £100 this week and as much on his return by father persevering in above system the securities which are in Jones' hands must fall due some time previous to father's drafts and he will always have an immediate resort in case of need. Hopes to show father means of making his payments until 1 October and if not then returned and he needs money if Habgood will supply bills on September sales - part at three months.
Customers J Bickers & Co house not supposed to have much capital but in pretty safe way of business and manager an active man. Told William he would not exceed £300 with them, principal confidence from information communicated by TG.
Alcock Watkin & Co - in carpentry trade. If they keep to that entirely may be deemed safe. Would limit credit to £300 until clearer look out for trade in general. Writer likes Habgood the best. Probably find four customers on his return.
Mr William succeeds in getting orders from people whom he deems perfectly safe for as great an amount as their means will furnish and their means by no means inconsiderable. Better opinion of them doing well than writer has had once they got into difficulties. Mr W's friends have advanced him a handsome sum in cash.
23 Aug, good opinion of AN. Would like to sell them about £100 goods worth.
Williams answer to writer's letter of 17th to hand - balance required from Habgoods for Sept £150. Have got from Habgoods £130 cash this day, £39.10s. Cash 11 November and £14019s cash 19 Nov. Shall put cash into James' hands and send bills to William specially endorsed by Habgoods. Some trouble to procure cash but determined to begin system. Father has still a balance in Habgoods. The August sales not made out, not large, about £280. If father can furnish anything from sales of cattle to Mr F [Finch] it will help his banking account and writer should be convenient. If it is not he can do without.
Fridays are post days to Heligoland - write care of J & George Morewood here and put at carrier to be forwarded. On return from Heligoland intends to effect an insurance against fire on probably account of father's goods lying at Habgoods during week. If father's newspaper does not come to him, address a line per post to the Editor. Have had no opportunity of calling.
Date1811
Levelfile
RepositoryDerbyshire Record Office
Archive CreatorLongsdon family of Little Longstone
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