William Knox To Henry Knox On Housing And Financial Matters 12 February 1793

Dined with Cary Ludlow, the father-in-law of Mr. Morton, where he learned that Mrs. Morton was opposed to going into their new house on Broadway. Ludlow said his son-in-law will probably be induced to let it for 350 pounds. Says if Morton can be persuaded to part with it for 300 pounds, it will be a good price in the current market. Relates that he spoke to Mrs. Fleming again about her house, but she is still determined to let it for 400 a year for 3 years. Reports that Isaac Clason, a merchant, is about to buy up Macomb's debt at 5/6 to the pound. Does not see William Duer taking any measures to extricate himself. Notes that Duer's wife is going to be on Long Island after 1 May. Assumes this letter will take some time getting to Henry, as there is a bad snowstorm at the moment.