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A receipt for the sale of twenty four bales of cotton sold on behalf of Aaron Spell, March 25, 1836.

This document and the following document are receipts for cotton sold on behalf of cotton planter Aaron Spell on two separate occasions, one before the panic, in 1836, and one during the panic, in 1840. On this receipt, the numbers in columns represent bale numbers and weights. The total weight is then multiplied by the price paid per pound of cotton, in this case seventeen cents per pound for the first group of fifteen bales, and sixteen cents per pound for the second group of nine bales. Varying sale prices may suggest that some of the cotton was better quality than the rest. The notes at the bottom of the receipt detail additional charges deducted from the total sale price, such as shipping, storage, insurance, and broker’s fees.

Transcription:

Sale 24 Bales Cotton by order and for account of Aaron Spell Esq.

Sold N N Wilkinson
A Spell

[Column 1 top]
Bale 7; Weight: 440
Bale 28; Weight 434
Bale 14; Weight 406
Bale 10; Weight 412
Bale 4; Weight 492
Bale 23; Weight 400
Bale 17; Weight 433
Bale 9; Weight 400
Bale 16; Weight 378
Bale 21; Weight 425

[Column 2 top]
Bale 18; Weight 454
Bale 2; Weight 423
Bale 13; Weight 430
Bale 8; Weight 430
Bale 15; Weight 423

4223 [+] 2160 [=] 6383 @ 17¢ [=] $1085.11
(Total weight from column 1 top plus total weight from column 2 top)

[Column 1 bottom]
Bale 20; Weight 421
Bale 19; Weight 420
Bale 1; Weight 382
Bale 25; Weight 411
Bale 3; Weight 416

[Column 2 bottom]
Bale 26 / Weigt 420
Bale 24 / Weight 406
Bale 5 / Weight 455
Bale 2 / Weight 407

2050 [+] 1688 [=] 3738 @ 16¢ [=] $598.08

(Total weight from column 1 bottom plus total weight from column 2 bottom)

[Sum of sale prices from top and bottom columns =] $1683.19

Charges

Paid freight at $1.25 per bale...$30.00
[Paid] River Insurance on $70 “[per bale]” [at] ¾% [+] Pol[???] $1...13.60
[Paid River Insurance agent] fire @ ¼% [of $1683.19]... 4.21
[Paid] Drayage Storage Labor and Weighing @ 50 ¢ [per bale]...12.00
Commission 2 ½...42.08
[Sum of Charges =] 101.89

Net Proceeds Dollars $1581.30
E + OE Due in cash 5 April
New Orleans 26 March 1836 for Leigh Maddux & C.

M. Conway