[Inter-Office Letter from George Andre to Isaac Herbert Kempner, July 9, 1954] Page: 1 of 2
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INTER-OFFICE LETTER
FOR MR. - - t E t
SUBJECT
DATE July 9, 1954
2timet&(3 D iJ ly ash Balances
3-49 1M 48037
WRITE ON BUT ONE SUBJECT TO BE USED BY ALL OFFICERS ORRDEPARTMENT
ON THIS SHEET HEADS FOR INTER-OFFICE CORRESPONDENCERevised collections, based on sales made in the current
movement of refined, show that we will have substantial
deposits on the liquidation of our refined inventories.
Borrowings table, assuming our predictions on collections
are correct and no new cargos are wooked in the immediate
period, can be shown as follows:Banking Houso
United States
National
Imperial Bank
Republic Natl.Bank New York
Manhattan Co.
Note Date
12-1-53
6-4-54
6-1-54
6-14-54
6-15-54
6-18-54
6-24-54
3-3-54
3-15-54
4-5-54
6-1-54
6-14-54
6-24-54
3-3-54
3-15-54
4-5-54
6-1-54
6-14-54
6-24-54Ba.__. Today
x:100 ,000
200,000
200,000
200,000
200,(00
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
43,700,000Frop sed Retiremerts
7-21
7-27
8-6
8-13
7-13
7-21
7-27
8-6
8-13
7-13
7-21
7-27
8-o
8-134 200,000
200,000
200,000
200,000200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200 ,000
200,00042,800,000
However, this is shown more in the interest of scheduling
funds provided by collections rather the more realistic
application to be made on unbooked cargos that will certainly
be required during the period of our estimate. Some of the
scheduled repayments will be made because of a net reduction
in totAl inventories.
Respectfully yours,
eo . ndre
cc 1'r. ;7. H. L.
Mr. R. Lee
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Kempner, Isaac H. (Isaac Herbert), 1873-1967. [Inter-Office Letter from George Andre to Isaac Herbert Kempner, July 9, 1954], letter, July 9, 1954; (https://texashistory.unt.edu/ark:/67531/metapth1134315/m1/1/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Rosenberg Library.