Lot #: 3048
1807 Letter from J.C. Hottinguer, of the "XYZ" Affair, with Manuscript "for Alexander Hamilton"
Red Baltimore Jul 22 cds with manuscript "36" on folded letter from France to New York. Ship letter datelined "Nantz 14 Novb 1805." Rated 2 x 17 cents (for 150 - 300 miles as Baltimore is 230 miles from NYC) + 2 cent ship fee. Addressed to B.M. Mumford in New York "for Alexander Hamilton" from J.C. Hottinguer. The enclosed letter discusses a financial transaction involving the remittance of American Stocks which was delayed due to difficulties in procuring the stocks in both London and Paris. In response, Hottingner has drawn a draft for 2709.73 payable by G. Rossier & Roulet (who were notable merchants in New York) in 30 days, and the amount has been charged to Mumford's account at an exchange rate of 5.33 francs per dollar, totaling 14442.87 francs. The letter also mentions the final settlement of accounts related to the proceeds from 95 bales of raw cotton. The letter also mentions the commercial situation with respect to colonial produce like sugar and coffee, which are reported to be in oversupply and without demand. The letter concludes with a note about ministers being appointed to negotiate peace with Austria separately.
Opening:
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Estimate:
$500
Category:
US Stampless, First Federal Handstamps
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