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Title:
Letter from Thomas D. Wright to Richard Harvey Wright, April 29, 1889: Electronic Edition.
Author:
Wright, Thomas Davenport, 1854-1901
Wright, Richard Harvey, 1851-1929
Funder:
Funding by the Institute of Museum of Library Services (IMLS) and the federal Library Services and Technology Act (LSTA), with support provided through North Carolina ECHO.
Transcription Information:
Text transcribed by: Barbara Post
Images scanned by: Digital Production Center
Text encoded by: Katherine M. Wisser
Transcription Edition:
Edition: First edition,
Date: 2006
Publication Information:
Publisher: Duke University Libraries
Date: 2006
Availability: ©This work is the property of the Duke University Libraries. It may be used freely by individuals for research, teaching, and personal use as long as this statement of availability is included in the text.
Source Information:
Title: Letter from Thomas D. Wright to Richard Harvey Wright, April 29, 1889
Author: Thomas D. Wright
Date: 18890429
Note: Richard Harvey Wright Papers, 1870-1952, David M. Rubenstein Rare Book & Manuscript Library, Duke University.
Note:
Library of Congress Subject Headings:
Class: Tobacco industry -- North Carolina -- Durham -- 19th century
Class: Cotton gins and ginning -- North Carolina -- 19th century
Class: Business enterprises -- North Carolina -- Durham County
Class: Durham Bobbin and Shuttle Mill Company
Class: Correspondence
Class: Watkins, Jacob Lawrence, b. 1850
Class: Durham (N.C.) -- History
Class: Wright, Richard Harvey, 1851-1929
Class: Wright, Thomas Davenport, 1854-1901
Class: Durham (N.C.)

Library of Congress Subject Headings:
Tobacco industry -- North Carolina -- Durham -- 19th century
Cotton gins and ginning -- North Carolina -- 19th century
Business enterprises -- North Carolina -- Durham County
Durham Bobbin and Shuttle Mill Company
Correspondence
Watkins, Jacob Lawrence, b. 1850
Durham (N.C.) -- History
Wright, Richard Harvey, 1851-1929
Wright, Thomas Davenport, 1854-1901
Durham (N.C.)

Dr. Watkins went north to get a man to take his place and we are expecting a man tomorrow the 30". His excuse for leaving is that he did'nt (Correction: didn't) like you as you refused to make contract with him and on back of that contracted with Petty. The mill up to this time has not been self sustaining by a good deal. We had only about $4500.00 to operate on and to buy stock with and we are in a right tight place for money. We placed a note in Bank for $1200.00 at 90 days and will be compel (Correction: compell) to raise more money in like maner (Correction: manner) or some other way to run on until we get more goods out. To run this business properly there should be at least $10000.00 running capital. It takes a good deal of money to buy a stock of timber and it should always be kept on hand long enough to dry pretty well by the air. To show you more clearly how we stand I submit some figures as taken from our books. Our Bobbin a/c. stands Debited for $4155.50 Credited to this date by $338.28 amt. of goods shipped. Shuttle a/c. Debited with $975.69

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