L. V. Prevost to W. T. Coggeshall, February 23, 1867

Mr. Prevost to Mr. Coggeshall

Sir: I have the honor to inform you that I have invested the $10,533 28 of this currency received from the government treasurer a few days since, into bills on London at 90 days’ sight, which produced £ 1,572 2s. 7d. at 34 per cent. premium, valuing the pound sterling, as is the custom in this country, at five dollars. The said bill of exchange, payable to the order of the Department of State, goes forward in my despatch No. 30, by the steamer which sails this afternoon.

I remain, sir, yours respectfully,