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Colburn & Holland inform Mitchell that it would not be possible for him to sell stocks in either the current private or public market since many of the banks are suspended. Colburn & Holland elaborate further and name the banks they believe are closing and/or have closed. They remark that they have never seen a situation like this before and are unsure of what will result. The letter closes with their advisement that Mitchell hold onto his money.
Full Title
[Letter] 14 October 1857, Charleston, SC [to] John W. Mitchell / Colburn & Holland
Member of
Contributor(s)
Addressee: Mitchell, John W.
Creator: Colburn, James S.;Holland, Parker J.
Host institution: South Carolina Historical Society, Charleston, SC.
Date Issued
1857-11-10
Language
English
Type
Genre
Related Item
Mitchell Family Papers, 1754-1917
Colburn, . J. S. . P. J. (1857). [Letter] 14 October 1857, Charleston, SC [to] John W. Mitchell / Colburn & Holland (1–). https://preserve.lehigh.edu/digital-special-collections/mitchell-family-papers/letter-14-october-1857-charleston-sc-john-w
Colburn, James S.;Holland Parker J. [Letter] 14 October 1857, Charleston, SC [to] John W. Mitchell Colburn & Holland. 10 Nov. 1857, https://preserve.lehigh.edu/digital-special-collections/mitchell-family-papers/letter-14-october-1857-charleston-sc-john-w.