Main content

Title: Roland Redmond, New York to W. Young, Co.Antrim.
CollectionIrish Emigration Database
FileRedmond, Roland/18
SenderRedmond, Roland
Sender Gendermale
Sender Occupationmerchant
Sender Religionunknown
OriginNYC, USA
DestinationCo. Antrim, N.Ireland
RecipientYoung, William
Recipient Gendermale
Relationshipcousins, business
SourceD 1364/I/55: Presented by W.L. Young Esq., The Old Rectory, Drewsteignton, Exeter,< Devon.
ArchivePublic Record Office, Northern Ireland.
Doc. No.9011099
Partial Date
Doc. TypeEMG
LogAction By Date Document added by B.W. 20:12:1993
Word Count491
TranscriptNew York Augt [August?] 31st 77 [1877?]

My dear Cousin Willie
I have yours
of the 18th and can answer some
but not all of the numerous
Conundrums you propound
The State bonds of Missouri are
now straight I believe. I have
already written to Charleston about
the value of the Southern securities
as people here do not seem
posted. I send you enclosed
Copy of agreement between Cousin
Rowland & the Kings regarding
the charges for doing his business
The $5000 N. Y. [New York?] City fixed the
property of Dr. Saunders is in
Cousin Rowlands name, so it
must wait for the action of the
executors here. The $13.500 ditto
I can collect it being in the
name of WR [Klon?] in trust. I
think you are right in realizing
this and I would do the same
on the balance of your own
when you can. In talking
about the price down town
this morning I found city
stock far from being regarded
as tip top. The Debt is too
large and is increasing seemed
the general opinion. Mr. Duer
is trying to get a bid for $13500
and I will sell & remit as
soon as possible as both gold
& exchange are favorable. They
will bring about 107/9 cy [currency?].
The zinc Power of atty [attorney?] I enclose.
It is the only one I believe that
I have from you. The zinc
is doing some business & continue
to supply the [Leleigh?] Co. [Company?] monthly
with ore. The hearing of the
accounting in the Taylor suit
is set down for the 5th proxo [approximately?]
The Memphis & Charleston bonds

I have not yet found out about
Duer says that he believes that
the Troy & Boston has fallen through
poor business due partly to the
times & partly to competition
with a new line - the Delaware
& Hudson extension
The Grand Valley R. R. [Railroad?] is one of
the leases of the Michigan Central
R.R. [Railroad?] & is guaranteed by it. The
trouble is that the Michigan
Central refused to pay the face
of some due bonds of another
of its leased lines, offering the
owners some proposition much
to the disadvantage of the
latter. This they refused, went
into the courts & have beaten
the Railway in the two lower
Courts and the case is now
before the Supreme Court of
the U.S. and in all probability
will result in a victory for the
bondholders. The shabby action
of the corporation however has lowered
the securities of its leased lines
N.Y. [New York?] Central has indeed looked
up and I hear people talk of how
well it is doing under the receiver
It is really very handsome of you
acting as you have towards me
and I cannot tell you how
deeply I appreciate your generosity
We are all quite well as I hope
is the case with you all, and
my "little" brother.
With much love believe me afftly [affectionately?] yours
Roland Redmond.