Lynch and Stoughton was a New York mercantile firm that traded extensively with Spain, Portugal, Holland, the West Indies, Florida, Ireland, and China, in the coasting trade between Pennsylvania and New England, and with the interior of New York State. The ledger documents the firm's mercantile business between 1783 and 1788. The ledger appears to have later been passed down through several generations of the Stow family of New York and Michigan, who used it as a scrapbook for scrap paper and practicing penmanship.