to come of the Sum he was to remitt us. We are glad to see Captain Wright had made you a satisfactory Sale of the Cleopatra's Cargo of Slaves; We hope he did the like with that of the Africa, who we find was arrived there and her Cargo sold; There can be no doubt he must have done well with that Cargo as you had given him a limitation of price. We observe the departure of the Minerva for Newfoundland; we wish her a profitable voyage; The £70 Insurance ordered on her for account of Mr. Sears is made, premio, etc., being £1.4.6 as per Account herewith. We were last week surprized with the arrival of Captain Story in the Brig Venus in our River with his Cargo of Corn. It seems the markets at Lisbon were greatly overloaded with that article and he thought it best to proceed from thence to London; He tells us the Cargo is sold immediately on arrival at an advantageous price. The particulars he will doubtless acquaint you with himself, as he has not mentioned them to us; He has putt himself under the direction of Mr. Mayne who we hope will be able to procure him a freight from hence some way or other, but at present nothing has offered. We shall be very glad if we can assist him in this matter, but we know of no way at present. The number of Vessels now on the Birth for America leaves no room for any hope of a freight that way. In the Insurance made by your orders on the Venus she had liberty to go to New York to load, and a larger premium was given on her for that reason; but as the regular premium from Newport to Lisbon, which was the Voyage she went, is only 2 per Ct. of which we informed the Insurers in consequence of your advice to us, they have returned us the additional premio of £1 per Ct. which we paid for her being to go to New York, and we have credited you £9.-.- for the same being on £900 insured. We are very sorry to see you have so strong grounds for conjecturing that some accident has happen'd to your Brig Leviathan on her Whaling Voyage; We hope there is still some chance that she may be safe, though the probability is against her; You may however depend upon it that if you have occasion to call upon your Underwriters upon her Account they are all of the best sort and there will be no delay or difficulty attending the settlement of the loss according to right. The information you are so obliging to give of the safety of the Seaflower, Lewis, was very agreable to the two Underwriters on her, who from what you had formerly mentioned had long ago concluded that they were certainly to pay for her. Having now gone through the material articles in your favour now before us, we shall proceed to give you such particulars as have arisen in your service from other places. We have a Letter from Messrs. Robert Anderson and Co., of Gibraltar, enclosing us papers extracted from their Court of Vice Admiralty respecting some damage which the Brig Charlotte received in a Gale of Wind in their Bay. The principal article is the Cost of a Cable which appears to have been cutt by the Rocks but not lost. We have laid the papers before the Insurers who object that in the state the Cable appears by the papers to have been in, it should have been spliced and they must have paid for any damage it had sustained, but that they cannot think there is any ground for calling upon them to pay for a new Cable, and that for a Cable which is certainly considerably larger than the one which was damaged; We only mention these particulars now; The objections have some weight, but the settlement must necessarily be delayed till we have an Account of her Arrival at Jamaica which hope may be soon, as she sailed from Gibralter 11th April; when that Account arrives we will endeavour to settle the Gibralter Average the best we can. We have since our last received several Letters from Captain Wright, with which we have received the following remittances vizt. all at 90 Days sight, which bills are accepted and agreable to Captain Wright's directions shall when due be placed, one half of each bill to your credit and the other half to the credit of Mr. Rivera, being in part proceeds of the Cleopatra's Cargo; He advises receipt of the protested bill on Serocold and Co. for £230.11.4, and has in return sent us an order on those Gentlemen for nett proceeds of 40 Tierces Sugar on board the Nancy, which when received shall be placed to your credit agreable to his instructions. We suppose there is no doubt of their complying with the order, of which you may depend upon being regularly advised. He promises further remittances by the 26th of July Ships and directs us to follow your instructions respecting the Goods you may order to be shippd on the Nancy for account of the Owners, which shall be attended to. This being all that at present occurs we respectfully remain, Sir, Your most humble Servants, HAYLEY AND HOPKINS Since we wrote the foregoing we have sold the Neptune for £450, which considering the condition of her Stores we think a very good price for her, and hope you will have the same opinion of it. Parr, BULKELEY AND CO. TO CHRISTOPHER CHAMPLIN Lisbon, 9 August, 1774. Sir, THIS serves to confirm what we had the pleasure of writeing you on the 10th March last and at same time to acknowledge receipt of your esteemed favor of 29th April, and it gives us pleasure to find you approve of the freight we gave your Ship Peggy to Baltimore via Falmouth and back to Lisbon, from which Voyage we congratulate you on her safe arrival with 1624 bls. flour. she came upon the 7th and we have already taken out 400 bls. and the remainder will be landed without loss of time, and shoud we not in the interim succeed in our endeavours to sell the ship, and seeing there is no freights stiring worth accepting for the streights, we shall immediately in compliance with your order load the ship with Salt on your account for St. John's, Newfoundland, and which we find to be conformable to your orders to Captain Barron under a later date than your letter to us. Respecting the freight money of this voyage after deducting the Port Charges and Cost of the salt on your Account the Balance in compliance with your directions shall be punctually remitted to your friends Messrs. Hayley and Hopkins of London, to whom on the first Current we had the pleasure to remitt £300 Stg., Ex. 66d per $, is 1090$909 rs. to your debit and is to the extent of what we are in Cash on your account from the Proceeds of your 1/3 concern in the Peggys Cargoe from Phila. Concerning the Primage on your part of the Peggys Cargoe we have settled it with Captain Barron, receiving from him 5.200 and crediting you therewith. as soon as we can collect the debts outstanding on the Peggy's Cargoe in which you are 1/3 interested we will make a remittance of the Balance to your London friends, and hand you your Account Current. As to our Markets they have been glutted for some time past with grain and flour and are so yet, but within these few days discovery has been made that our Harvest will not yield so plentifully as was at first expected, from which we may reasonably conjecture that by the time the Peggy comes round from Phila. with flour she may find no unprofitable market here. This being all that occurs at present we conclude very truely, Sir, Your Sir, Obid: hable servants GEORGE HAYLEY TO AARON LOPEZ London, 10th August, 1774. My present motive for troubling you with a seperate address is to inform you, that my partnership with Mr. Hopkins expires on the 31 December next, from which time the Business of the House will as formerly be carried on by myself alone, till such time as I can form a new connection with a prospect of advantage to my Friends and satisfaction to myself. My wish is [to] continue Business with such Gentlemen on whose integrity, and ability to fullfill their engagements I can depend, among which number I cannot be mistaken in placing Mr. Lopez. If agreable to you I would propose the following method for closing your account with Hayley and Hopkins. That you draw four Bills on me payable to them, the one for £4000 payable on the 31 March next, another for the same sum payable on the 30th June following, another for the same sum payable the 30th September following, and the fourth for such sum as may be then remaining unpaid of the ballance of the Account Current which will be furnished you at the close of the present year; The sum in this last bill cannot be mentioned, but it may nevertheless be drawn in the words above mentioned and made payable on the 31 December, 1775, or in any other words to the same purpose as you may approve. Upon these bills being so drawn and remitted your Account with Hayley and Hopkins will be closed, and your remittances from that time and all other transactions in business may center with me alone. This mode will be very agreable to Mr. Hopkins, and I do not see any objection to it on your part. I have given this Subject a good deal of consideration, and the mode I have proposed seems more eligible to all concerned than any other that has presented it[self] to my mind, but if you think otherwise and approve any other method better, please to signify it, and I shall acquiesce. One of my reasons for the proposal is shortning Business, by enabling both you and myself to keep only one account open instead of two, but the most material reason is the removal of a difficulty which lays upon Mr. Hopkins mind, which will by this means be wholly taken away; The largeness of your ballance has for some years past caused him a good deal of uneasiness, and as the partnership between us will now be closed he will be very anxious |