| Title: | Rowland Redmond, Charleston, to "My Dear Willie", Ballymena |
|---|---|
| ID | 2220 |
| Collection | Irish Emigration Database |
| File | Redmond, Roland/9 |
| Year | 1875 |
| Sender | Redmond, Roland |
| Sender Gender | male |
| Sender Occupation | merchant |
| Sender Religion | unknown |
| Origin | NYC, USA |
| Destination | Co. Antrim, N.Ireland |
| Recipient | Young, William |
| Recipient Gender | male |
| Relationship | cousins, business |
| Source | D 1364/1/39: Presented by W.L.Young Esq., The Old Rectory, Drewsteighton, Exeter, Devon. |
| Archive | The Public Record Office, Northern Ireland. |
| Doc. No. | 9504113 |
| Date | 06/03/1875 |
| Partial Date | |
| Doc. Type | EMG |
| Log | Document added by LT, 23:04:1995. |
| Word Count | 1046 |
| Genre | |
| Note | |
| Transcript | Charleston 6th March 1875. My Dear Willy Since my last 30th Jany [January?] I have had yours of the 16th Same and 8th Ulto: I see that you and Roly [Roland?] have fixed upon a basis for the "R a/c" [Rolland Account?] subject to amendments in case of need, by which with fair dealing in boston House matters on the part of your competitors enables the linens to be sold as low as any one can sell them without loss. I have my doubts if any house in Ireland has their goods as cheaply managed as you have - I regret to find that Roly' sales of webs has fallen off about 1/4th this I think is almost entirely owing to the change in fashion for I see everyone wearing plain [brents?]. When will this mode change? and besides even the diminished sales leave little or no profit gold is so high 15/8, but I have written to Roly and not "holding the bag" Trade in every branch is very dull without any spirit and this state of things is likely to continue all year, yet it is fair to suppose that the restless energetic Americans will hardly continue or rather be forced to continue to doze much longer. I wish those dress linens which you have in stock which, it seems, you must send to N York were already there, nothing like having such property [only?] on sale I sold -I fancy I know what you are thinking of as to "the old linen business," I think you ought to study it for a year or two longer under the new system of changes and then if it be unprofitable, give it up and employ your greens and machinery for others which I suppose you could do - meantime why not take bleaching business if the narrow mindedness of your competitors would give it to you - I hope you are all right in Havana but it would be more comfortable to be receiving the remittances than to be thinking that the fall in gold will land them forward Your letters dont announce the receipt of a œ !- as to those Memphis City Bonds they are simply disgusting any way one can look at them,the Rail Road is bound for them principle and interest and so far by watching we have collected 4 [upt?] the Jany[January?] interest & we intend to watch that ---- but this is most wearysome and if I could make a sale I would sell but not at 40- Those mobile other bonds are very uncertain property and there is no saying when the bond will default in the interest. Damian [Clermenof?] told me last October that they owed the money to meet the Novbr [November?] Interest and dont think they do this again,I know nothing reliable about the situation of the Road, besides I dont like the look of any property in the Southern Estates- I suppose they must "come up" one day or other but when? I fear the time is very far off and will be very slow -The people are demoralized and have but little honour left - I see with pleasure that the first half year of the Belfast House have been very satisfactory and I fully believe with you that if it be not a very successful house it will be the fault of the Resident Partner. [Wing?] & [E?] Security in New York is "sky high" I have $10,000 there and dont know where to put it, Since I came out I have bought $ 12,000 R R [Mgr?] 7% at 100 1/4. Now worth 106 - $ 15,000 New York Central R [Rail?] Road Stock at 101 1/2 worth same now Dividend 8%,quarterly $ 7,000 of a new mgr [Merger?] on the Central R [Rail?] Road of N [New?] Jersey at 92-now worth 104 -I dont care much about the N York Central Stock but I did not know what else to do -Southern Security ? are dirt cheap paying 10 to 15% but I dont want any of them - So often all the way business in the eye of Mr [Natney?]it certainly looked last fall very [likely?] he is a lucky fellow and I sincerely hope that every hope and anticipation of each of them will be fully realized I am glad to have such good accounts of your mother and Annie tell the latter that I am injecting medicine in the form of spray into my throat I use a steam engine very simple and effective When I began first a month ago each of the Boarders came to my room and honored my performance with his presence and laughter- Then each of the servants "Niggers"-each said gravely "He funny Sa Hope he do you "Good Sa" a nig is about as undemonstrative as a Mohawk Indian- I dont know if it has done me any benefit,but it seems that it is now the fashionable way of giving physic to Bronchity folk - for Mr Stott my Md [Medical?] London friend has written me that he has been doing the same thing for six weeks and that he has derived great benefit The last week has been quite mild Therm from 60 to 70 which has kept me in a big [brough?] all the time and I am thankful to be able to write that I think my cough is at last "broken" but the breathing still keeps bad and I greatly fear will continue to be so I attribute the improvement to the mild weather and not to either the Doctor or the apothecary- I am glad to find that Jane and the young folks are first rate long may things continue so Give my love to each of them. Always very faithfully yours Rowland Redmond I hope young George's [sai-n-dus?]has not made another outbreak I see that Disraeli will not "harass"the country with legislation quite right I think and Gladstone has retired and no doubt in a "towering" passion Lon [London?] & York 6 1/2 only Lon.M.Wes [London Mid Wesern?] 7 1/4 only What a disgrace to have gold at 15 gramm Where is the pride of the Yankees ? in their breeches pocket ,I suppose - Thanks for the information about McElleran |
