Scope and Content of Collection
The collection consists of the financial records of and correspondence to the merchants Colt and Donaldson from their merchants in Baltimore during the years 1825 to 1848, with bulk of the materials dating from 1831 to 1834. The correspondence primarily concerns financial information, such as the running price for the various goods or the status of accounts. Of particular interest are the discussions of the activity of interest rates, foreign investors, demand for goods, and fluctuations in their prices, as well as costs of transportation, processing, and inspection. The financial records consist of ledger sheets recording purchasing and sales.