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INFORMATION

These CANAL BILLS of EXCHANGE (below) were bank drafts issued by a
shipper for general services and goods being transported by canal
(mostly to London). Pickford (estab 1665) was a major shipper of goods
quite early in the nineteenth century and is still in existence as a
road haulage company. Most of the bills listed below were issued from
their Manchester office and are uniquely numbered and impressed with
the government's revenue poundage stamp. At this time, shortly after
the Napoleonic wars, gold was scarce and it was not uncommon to make
payments by bankers draft. However, in order to avoid government
revenue payable on their own drafts payees often endorsed the bills of
exchange they had received on the reverse and used them to make further
payments.
These bills are cancelled and have been through many hands. They are
frail, most with turned-over corners; in no way pristene.
Approximately: 9" x 4".
Sample illustration
SINGLE CANAL BILL OF EXCHANGE issued in
Manchester by Messrs. Pickford. Dated 1816. Bearing a vignette of the
Manchester Exchange Building and endorsements on the reverse.
ref: canal 1
SOLD
Two CANAL BILLS OF EXCHANGE issued in
Manchester by Messrs. Pickford. Dated 1816. One bearing a vignette of
the Manchester Exchange with endorsements on the reverse. The other
issued in Braunston (Leics.) unillustrated with endorsements on the
reverse. Printed in black.
ref: canal 2
SOLD
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