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March 1, 1954
Estimated Daily Cash Position In your data on the above subject under date of February 26th I notice you contemplate on March lst to renew the note of the he- ublic National Bank for $100,000.00, on March 3rd to borrow 00,000.00, on March llth borrow $600,000.00 and on aarch 15th renew another Republic National Bank note of $100,000.00. It would seem from your data that you could wait till the 10th for the borrowings listed for the 3rd. I. H. Kempner