| Title | 31 January 1809
John Longsdon at Manchester to his father, James Longsdon, senior, saying that markets are still unchanged which is why he would sell their goods as he thinks they may get a supply of cotton before prices are much advanced. Cottons are dull, and not fetching quite such good prices, particularly fine cottons which are down 1d to 2d. Twist is as usual.
John has received a letter from William saying that Mr Brideoake is going to London on Saturday. John mentioned to Mr Brideoake that his father wanted to settle last year's account but he did not mention any sum. John has paid on account various other sums.
John has been thinking of his father's intention of taking Cressbrook Mill. He does not expect the price to drop lower and advises his father to take it as soon as possible. If the embargo comes off now it is almost universally expected that cottons would be available but at a much higher price than before the embargo. The mill must improve in value when materials to work it are easily to be met with. John has consulted Uncle Peter about Prince Edward Island. He thinks an establishment there could be valuable. |