Drake, C. & Co. [Drake Brothers & Co.]
XI/38/89, 1 box
Charles Drake & Co. were a Havana-based company dealing in sugar and coffee as well as jerked beef, bullion and specie (e.g., dollars and doubloons). The company accepted and discharged bills, dealt with protested bills and kept NMR informed of current prices of sugar and coffee, as well as of the local demand for bills on London and the premium on these bills, and of exchange rates. The letters advise NMR of bills sent for shipments of sugar and specie; they also relate to specie remittances from the Intendente of Cuba. NMR accepted Drake's drafts for two thirds of the invoice amount of shipments consigned to NMR themselves. The letters include reports relating to local politics, Spanish decrees concerning the island and details of local sugar and coffee crops. From the end of 1839 the company became 'Drake Brothers & Co'. From 1847, a former confidential clerk at the Paris House, Carl Scharfenberg, took over the Havana agency. His letters, in German, can be found within the series XI/109.