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To Mr John Holmes. Farnacres 24th November 1770 Dear Sir I reced. your obliging favor of the 19th instant by Thursdays Post and have this day drawn upon you for £175.11.7 being the Balance of Account due from you as below. I take no notice of the Five Penny Weight as I intend to let them remain for any small deficiencys which may hereafter come in the way. Silver now Sells at Newcastle for Six Shillings POz and has done so for many Weeks but how long I cannot learn yet. I believe we shall scarce send another Cake of Bullion til the new year comes in, our Works having been Stopped lately by some alterations in the Machinery. I am for Mr Smeaton and Self Dear Sir your obliged Hble Servt Nich Walton Junr 528 1/2 ounces of Bullion at 6s 1/2 d £175 19 3 [struck out ‘1/4‘] Allowance for piece weighing 310 Oz on acct of its not happening to prove fine 7 8 Balance £175 11 7 Farnacres 24th November 1770 Sir Ten days after date Pay to the Order of Mr Chr. Stevenson One Hundred and Seventy Five Pounds Eleven Shillings and Seven Pence. Value received as advised by Sir you most Hble Servts Walton & Smeaton To Mr John Holmes Strand London Delivered the Bank this day.