James M. Hall to William Mackinnon. . Warns William Mackinnon against Nelson grudge because of indicent over "femme" in steamer cabin. - of low morality. Regards R500 as too much for agency, better used in Rangoon. Would prefer buying to renting coal depot there. Discussion regarding coaling prices with loading by 'coolies' [term from original source, indentured/contract labourers], etc. Several firms anxious for Irrawaddy traffic - if William Mackinnon has a contract subsidy should prove easily saleable. Wishes all financial details handled on shore Two new steamers and two in progress. No call on shares necessary; financing easy for next six months. Inglis arranging tooling for Calcutta workshop. Worried at prospect of Bombay - Karachi involving two steamers in five year contract About Pile Spence Co. Steamer sale. C & B Co. results much better than expected (original BISN); Directors will agree 4% dividend and £1 bonus. Salmond wanted £2; JMH better to allow surplus to depreciation. Details of grain deals against reports of excellent crop prospects. £50.000 Bank credit to Calcutta for currency operation. "Dream" lost Mozambique Channel but ship and freight well covered. "Alutha" timbers found rotten - only usable for Quebec trade, so sell. Proceeds of two for iron ship. Overproduction should reduce Manchester cotton prices - so waiting. Details "Nelson" hiring, questions regarding "Caringa" repairs. Re trading with New York while the Civil War continues.

Order number:	PP MS 1, Box 95
Date(s) of creation:	2 Apr 1862
Level:	Item
Format:	Archive