The Brigham Young Center

Salt Lake City, U.T.
May 27. 1872

Elder W.C. Staines
P.O. Box, New York City.

Dear Bro:-

Your favor of 22nd inst is duly to hand. Can give you no idea of how much money will go to Europe this year for emigration as considerable goes thro' the Banks of which we have no knowledge, but we have remitted to you everything as fast as it has been paid to our office.

Herewith enclosed are two Dfts of Bank of Deseret of even date made payable to your order No 11057 for Eighteen Hundred ($1800.) Gold Coin on Kountz bros No 11058 for Four Thousand ($4000) Currency on Kountz bros which as before is to be credited to Liverpool Office

The following Account will show how much you ought to have received in all:

Drafts of the Bank of Deseret
1872 May 27. Draft 11057 on Kountz Brothers.         Coin.    $1800.00
        "                 "    11058   "            "                          C'y.       4000.00
        "        24     "     6397    "  Duncan Sherman Co     "          2000.00
        "          "      "   11056.   "   Kountz Bros               Coin.      1000.00
                                                                 Carried Forward.      8800.00


                              
1872               Brought Forward                                 $8800.00
May 16. Dft 6379 on Duncan Sherman Co   Coin       3000.00
          1    "  11038 "   Kountz bros                   "           1000.00
  Apl 13    "   6319  "  Duncan Sherman Co.    "           1500.00
                                                                     Total.   $14300.00

           "  also cash at same time to W.C. Staines         250.00

to which must be added premium on gold if you exchange the amt. of gold drafts for
currency.

Be good enough to check up the foregoing Account and acknowledge receipt of all
whereof.

I would respectfully suggest to you bro Staines that it would be wise for you to deposit (yourself) all the money that you receive, at the house where you do business, if you deposit at all -- and then allow no one but yourself to draw it out, and if I could advise you I would say dont hire a clerk and place that power in his hands, as you might find him missing some morning, like Belle Rieve. If one of the boys from here was returning home, it might be different, but I have a fear that if you place any power in the hands of others it may be disastrous to you. You dont need to hire any clerk at all so far as we at the office are concerned, if you will simply make a record of the facts in a book, just as you would a diary of your daily life it would be the very best. Excuse my anxiety -- it may be needless We are all well -- weather lovely -- President gone to point of Mountn. to day.

As ever

T.W. Ellerbeck
Clk for Prest. B Young