1866 June 20 Letter to Tutt and Donnell

Title

1866 June 20 Letter to Tutt and Donnell

Description

Brigham bought flour held on consignment by Tutt and Donnell. Utahn's desire flour to get a fair price. The wire for the telegraph is on the way.

Type

Correspondence

Sender

Brigham Young

Recipient

Tutt
Donnell

Date

1866 June 20

Location

Great Salt Lake City
Virginia City, M. T.

Number of Pages

2

Subject

Financial Matters
Business Matters
Telegraph

Item sets

 

Gt Salt Lake City,
June 20th, 1866.

Messrs Tutt & Donnell,
Virginia City M. T.

Gentlemen:-

Enclosed please find a letter from Joseph W. Young informing you that he has sold me One hundred and three (103) sacks of flour which he has on consignment in your hands, and requesting you to hold it subject to my order. Your receipt for which flour he has transfered to me.

I understand that flour is and has been very low in your market, and that many have been selling at a sacrifice. I should prefer to have my flour remain in your hands until it brings a good round price. Our produce company is forwarding flour, I am informed, occasionally to you as they secure it, with the intention of having it stored there until it can be sold at our prices. Your citizens will probably see after awhile that the prices at which our people have offered flour are not speculative; but only afford a fair remuneration to the producer and the freighter. The The General opinion here among the thinking men and those best acquainted with the market, is that flour must come up and command a good price, and that the produce company's business must grow into an important traffic, if rightly managed.

The Pacific Telegraph, or as it is now called the western Union Company, had taken steps, before they were aware of our intention to build a line north and South through our Territory, to connect your Territory with the East by Telegraph, and they advise me that the wire for the Line is on the way now Hoping that you are prospering in your business

I remain, Gentlemen,
Yours truly,

Brigham Young