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Title: Roland Redmond, New York to W Young, Ballymena.
ID2215
CollectionIrish Emigration Database
FileRedmond, Roland/5
Year1879
SenderRedmond, Roland
Sender Gendermale
Sender Occupationmerchant
Sender Religionunknown
OriginNYC, USA
DestinationCo. Antrim, N.Ireland
RecipientYoung, William
Recipient Gendermale
Relationshipcousins, business
SourceD 1364/I/69: Presented by W.L.Young, The old Rectory, Drewsteignton, Exeter, Devon.
ArchiveThe Public Record Office, Northern Ireland
Doc. No.9401017
Date21/02/1879
Partial Date
Doc. TypeEMG
LogDocument added by LT, 22:02:1994.
Word Count375
Genre
Note
TranscriptNew York Feby [Feburary?] 21st 79

My dear Willie
I have had
yours of the 23rd ult for
some time. I only heard
from Pillop [Phillip?] about the plantation
a few days ago. His letter
says that he rented the place
for one year to the old tenant
at the same price and
that the taxes are $20 more
than before. He says that
the planters are to hold a
meeting and try & have the
taxes reduced. He reports
nu [new?] offers.
The Zinc Co shows a
gain in December of $1762.
The earnings were $7934 but
repairs & legal expenses reduced
it to the former figure.
In January they earned
$9895 which was reduced
for the same reasons to $1924.
The lawyers are eating it
up. The legal expenses in
the Taylor suit being over
$3800. The case will soon
come before the master.
I enclose your a/c current
showing $18574.43 to your Cr [credit?]
on Dec 31st. I beg your
pardon for not sending it
before I thought I had sent
it. I had a very interesting
letter from your mother. She
retains her faculties to an
extraordinary degree and her
handwriting is wonderfully
firm & clear.
I dont like the subscription
to the 4%. It shows how
great the want of confidence
is when people having
money look a 4% investment
for it. It dont look as if
Capitalists believe in a near
prosperity.
N J Central has been
a speculative stock on the strength
of their making a connection
with the Reading. I dont see
that they will benefit much
there by as only 30 miles of their
road will be used and I hear
that the rate agreed upon will not
pay much more than cost. It
may give them a market for
some of their Comunipaw [?] property
as the Reading intend building
docks elevators etc there. I
dont see that they can earn
a dividend in fact I dont
think much of their stock
and think it is selling above its
value.
We are all quite well
excepting that Mary is suffering
from Malaria and talks quite
seriously of paying the North
of Ireland a visit as her doctor
advises a trip across the water.
With much love to you
all believe me
Your afft [affectionate?] cousin
Roland Redmond
Wm Young Esq