Browsing named entities in William Tecumseh Sherman, Memoirs of General William T. Sherman .. You can also browse the collection for Humbert or search for Humbert in all documents.

Your search returned 1 result in 1 document section:

William Tecumseh Sherman, Memoirs of General William T. Sherman ., volume 1, Chapter 3: Missouri, Louisiana, and California. 1850-1855. (search)
eight, one and a third for insurance, with some indefinite promise of a return premium; then, the cost of blanks, boxing of the bullion, etc., etc. Indeed, I saw no margin for profit at all. Nisbet, however, who had long been familiar with the business, insisted there was a profit, in the fact that the gold-dust or bullion shipped was more valuable than its cost to us. We, of course, had to remit bullion to meet our bills on New York, and bought crude gold-dust, or bars refined by Kellogg & Humbert or E. Justh & Co., for at that time the United States Mint was not in operation. But, as the reports of our shipments came back from New York, I discovered that I was right, and Nisbet was wrong; and, although we could not help selling our checks on New York and St. Louis at the same price as other bankers, I discovered that, at all events, the exchange business in San Francisco was rather a losing business than profitable. The same as to loans. We could loan, at three per cent. a month,