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Free Books / Languages / Gregg Speed Practice / | ![]() |
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Banking and Financial 2 |
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This section is from the "Gregg Speed Practice" book, by John Robert Gregg. A;sp available from Amazon: Gregg Speed Practice
Millikin National Bank,
100-104 N. Water St.,
Decatur, Ill. Gentlemen:
We are constantly in the market for choice commercial paper taken in trade by merchants in the general course of business, and are in
25 a position to supply firms with funds for business purposes at the lowest current rates. Shall be pleased to hear from you in regard to
50 this matter, and shall hope to enter into negotiations with you which will prove mutually advantageous.
Yours respectfully, (69)
Mr. W. B. Black,
624 Washington St.,
Chicago, Ill. Dear Sir:
Not long ago we wrote you about our South Lynn subdivision; it was an exceptional opportunity. We had an idea you would take
25 advantage of that offer. Every lot was sold in two weeks, and many who would have bought couldn't; there wasn't enough to go around.
We
50 shall probably have something else to offer you soon. We do not think it will be better
than the South Lynn lots; but we are
75 trying to find something as good.
Not long ago Governor Drake of Iowa wrote us a letter, a copy of which in facsimile we enclose,100 with his permission.
We'd just like to call your attention to the fact that we're in pretty good business company; and we have an idea
125 that Governor Drake's success is partly due to his knowing good business company also.
What we did for him we have done for a great
150 many others.
You often judge a man by the company he keeps. Why not a business firm?
The company of successful men is good business
175 company to get into. You can get into it if you want to.
Write for our proposition for a small investment in Chicago land, an
200 investment that contemplates the placing of about $400.00. We can arrange it for you on easy terms, say about $40.00 cash and
225 about $10.00 or $15.00 per month thereafter until you have it all paid for. You can do this without doubt; and by the
250 time it is all paid for you will have saved $400.00. If you wish to know what we recommend, ask us, first telling
275 how much of an investment you wish to consider. We believe now is about as good a time to buy as we ever saw.
Very truly yours, (302)
Messrs. Macken & Lamb,
Burlington, Iowa. Dear Sirs:
We have your message of even date stating that you will take the Brainerd bond, if the population is 10,000. The writer is
25 very doubtful about this fact. We have two statements, but neither of them is quite satisfactory. In one case, the population is given as 10,000,50 and in the other as less. We have written to find out more surely, and will inform you. The bonds will not be ready for
75 delivery until December 2d. We do not intend to offer you these bonds as savings bank bonds, although they may prove to be such. We
100 have not yet sold Fayette county bonds although we have had several offers for them. These bonds will be dated December 3d.
Yours truly, (126)
Mr. C. DuPee,
Chicago, Ill. Dear Sir:
Will you kindly favor us with your Chicago accounts? With our superior banking facilities we are able to allow better terms for account
25 current than national banks. We credit bank items on many points at par; and our charges for collection merely cover actual cost. We should be
50 pleased to correspond with you on this subject.
Yours respectfully, (60)
Mr. D. H. Ford,
Toledo, Ohio. Dear Sir:
Enclosed please find note for $1,000.00 at 6 per cent., payable five months from Jan. 27th. I wish you would discount this
25 note and place same to my credit at 1% per month upon it. I have no idea at present of drawing against this note
50 and simply send it to you for
the purpose of increasing your interest account. If you feel like taking the note and giving me credit,75 all right; if not, return it to me, and oblige
Yours truly, (88)
Mr. Slater Logan,
Columbia, Ill. Dear Sir:
Referring to your favor of the 24th inst., we beg to state that we have no catalog of publication. The only work that we
25 have published is that issued for our correspondence with our clients - pamphlets relative to our securities. We have recently published a digest of the law
50 concerning the issue of the municipal bonds, which we send you by this mail under separate cover. Shall be glad to have your views as
75 regards its necessity and competence.
Yours respectfully, (82)
Mr. M. E. Cole, Cash.,
Martins Ferry, Ohio. Dear Sir:
Enclosed herewith I hand you Racine Knitting Co. note, dated March 27th, for $2,000, the same being renewal of one of
25 like amount sent to me with instructions that they might renew if desired. I also enclose you my check for $37.2850 to cover interest on note for 122 days at 5 1/2%.
Thanking you for past favors, I am
Yours very truly, (77)
 
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