We wrote you on 15 & 17th via Cairo to which we beg to refer.
The party buying yr. Cotton received it yesterday. Thus we am enabled to han[dle] a/c sales with this matt[er] for <___> $1965 81/000 dollars at yr Credit subject to your 5th dft.
We wll send you check on your City for amt. but can not do so better than paying 1% pm & as we think you can do better we do not insist.
To send currency by express wll Cost the same say 1%-- We who known to miss Pike Schooner & who & must yr exchang <___>.
Our <____> is now 2h 3c Better than when yrs was sold. Tho in Statin In <_____> tho Govt sales 5000 Bale to come off to day. Gold 130 to 131.
Yr <_____>,