Agreeable to what I wrote in mine of the 13th.
I [have] ventur’d to agree by my Broker for the following
[torn] Stocks, on Account of the Province, to be deliver’d
[torn] Week from this Day, viz.
I was advis’d to buy rather the Annuities of 1760 than those of
1758 and 1759 which I formerly bought for you and myself, they
being but 3 per Cents and cost 78 and ½ while these 4 per. Cents
were but about 92 and consequently cheaper. However, finding the
Stocks still falling, tho’ they had been thought at the lowest, I
have held my Hand, not knowing whether I had best venture any
farther at present or wait for the new Loan of 1761, which it is
suppos’d will be still cheaper, especially near the Time of the
first Payment. On a Peace, ’tis thought by those who know most of
these Things, that the Three per Cents will be at par, if not
higher, and the four per Cents at about 124.
I believe I shall have the Bills you advis’d to
be printed, with proper Checks, to be made use of by the Trustees
in their Drafts, ready so as to send per next Ship; but hope they
will not think of drawing till a Peace; which now cannot be far
off. However that is as the House may think proper.
With the greatest Esteem, I am, &c.