Ponakin Mill Ledger
A textile manufacturer, Ponakin (or Ponikin) Mill was established on the north branch of the Nashua River, half a mile from North Lancaster, in 1861, near the site of an earlier cotton mill. By the end of the Civil War, it boasted 40 employees who produced 500,000 yards of brown sheeting, but by the time it was incorporated in 1888, specializing in the production of cotton yarn, manufacturing in Lancaster was already on the decline. The company survived at least into the 1920s.
This survival from a central Massachusetts textile manufacturer contains miscellaneous business records copied into a letterpress (or wet press) copy book, in which a combination of moisture and pressure was used to transfer ink from the original onto a sheet of tissue paper. This records cover a wide terrain, including inventories of stock on hand, accounts payable, insurance and IRS tax information, payroll data (without names), shipping lists and lists of customers, and a few copies of business letters.