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Mr. Robert Campbell
Care of Messrs. H&A Campbell & Co.
94 Market Street
Saint Louis Feby 17 1841
Mr. Robert Campbell
We have had no further advice from you since we last wrote you with the exception of your postscript in H&A Campbell & Co favor of 4th inst. which is just to hand. The news of the U.S.BK having suspended specie payment created a great alarm in our city. The Brokers will exchange U.S.BK paper very readily for currency, but a present it would not sell at 50 per ct discount. our receipts since we last wrote you in the way of money matters are rather limited & are as follows. Received of Zenas Leonard $150 of Wm. R. Owen & Co. through the hands of IA Chestnut Esq. $118 32/100 & of Owen & Baker $255 which we are sorry to say are the only remittance made since we last wrote you.
We send you on third page copy of letters received from Mr's. Henon & Wightman of Carlyle, MO and of Hodgin & Mudd Columbia, MO. These letters are written in such a way that we are at a loss to know in what manner to act, therefore we send you copies [spelled copys] so that you will give us immediate direction in what manner you would deem it best for us to go about securing our debt. We are in receipt of a letter from Messrs RC & H Martin inclosing $1230 [?]/100 say $460 in Virginia & Balt BK Notes & the remainder $770 = in currency with direction to forward it to H & AC & Co as soon as we could obtain exchange. This we are sorry to say we cannot do at present, nor can we say when we shall be able to do, as it is an entire impossibility to obtain exchange on any of the eastern cities at present. We hope however that we shall be able to get exchange soon and at a reasonable rate. [Part of this paragraph, but there is a large space in between the sentences] We are in receipt of a letter
[Pg. Break] from Miller & Young Lexington MO in which they say they will pay their note to H&A Campbell & Co in our hands on their way east which shall be about the last of this month, and also their account with us. Specie is extremely scarce it has been sold within the last few days at from 4 to 5 percent prem.
Mr. Sublette is writing H. & A. C. & Co by this morning's mail. Mr. Helfenstein has not yet returned, nor have we heard from him. We have learned that Thos. Eddie that Mr. Hibberd has gone to Texas - but we cannot put much confidence in the report.
The weather is moderate, but there is a great deal of ice running in the river. There is nothing new worth notice.
Business still continues provokingly dull.
Yours Very Respectfully,
Sublette & Campbell
[Pg. Break, letters enclosed]
Carlyle Feby 5th 1841
Messrs. Sublette & Campbell,
The firm of Herron & Wightman having dissolved & discontinued business & Mr. Bond who gave a letter to your house on behalf of said firm being urgent that we should make your claims secure, we have thought best to propose to you to send your demands to him & that we will make ample endorsements, which when collected shall go to the discharge thereof. It shall cost you not one cent for legal services, but we are desirous to place matters in such a train, as will secure to you your money as fast as collections can be made
Herron & Wightman
Amt. of their debt $953 [?]/100
Mr. Sublette says he will send their note to Mr. Bond for collection to first opportunity.
Columbia Feby 8th 1841
Messrs. Sublette & Campbell
We intend to decline business in this place and deem it necessary to inform our creditors that such is the case. We have found the business dull and not as profitable as we anticipated, our debts are becoming due, and we are induced to adopt this course for the purpose of sustaining the credit which you and others have so kindly given us.
Our outstanding obligations shall be paid as promptly as we can meet them by collection or the sale of our goods which we are now offering at cash for cash.
Very Truly Yours
Hodgin & Mudd
Amt. of their debt $676 50/100