[draft:]

Combes/

Mess^rs Sarl h^ve contr^d t supply y^r C^y w^th ore _^^{(of mixd quality)} at 5/

I th^k we c^d deliver into boat at same price, ore equa^ly good.

[expanded version:]

Combes/

Messrs Sarl ^<1> have contracted to supply your Company with ore (of mixed quality) at 5/. I think we could deliver into boat at same price, ore equally good.

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Notes:

1. Sarl & Co, London.