[Letter from A. H. Blackshear, Jr. to Mr. D. W. Kempner, September 11, 1956] Page: 1 of 2
This letter is part of the collection entitled: Harris and Eliza Kempner and was provided to The Portal to Texas History by the Rosenberg Library.
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H. KEMPNER
AIR MAIL
September 11, 1956
Dear Mr. Dan:
I was glad to hear your voice over the telephone, on yesterday, and I will
transmit your message to Bill Keyser. I am sure that Bill will want to keep the
gin open as long as any farmer in that particular neighborhood has a bale of cotton
to gin, but I am of the opinion that we should close the gin as soon as the last bale
off the farm has been ginned, and I will so advise Bill. As of this date, they have
ginned 630 bales.
I do not believe that I mentioned in my letter to you of September 5th my con-
versation with Charles Williamson; however, I am sure you are receiving all this
information direct from W. L. Gatz. Williamson told me that the farm would make
over a bale an acre and they had 446 acres in cotton. The last report I received,
dated September 7th, the Bertig Company had ginned 3, 671 bales of cotton.
We have been quite busy in the office. We invoiced over 8, 000 bales of cotton
in three days last week, and all documents covering shipments to Korea take time to
make up, as their requirements are much more than any other foreign country. As
of September 10th, we were 7, 000 bales long the basis; out total stock was 30, 000
bales, and we had purchased 35, 000 bales which are yet to be paid for. Our net long
hedge was 20, 731 bales. I am sure Biron is keeping you advised regarding the opera-
tions at the press.
We have not collected any more on outstanding loans; however, Universales has
finished ginning and has closed all three points down. They have ginned in excess of
15, 000 bales, and Benito says that they had a very good year, but of course the final
figures are not available until they sell all their stock on hand.
Sugar Land sold some property and loaned us $427, 500.00 at 3-1/2%. It was
necessary to revise the estimated tax for the shareholders for 1956, and checks were
mailed yesterday for payments due on the 15th of this month, which were in excess of
$216, 000. 00.
Your voice sounded very good over the telephone, and I trust your trip to
Baden-Baden will be very beneficial. Trusting this finds you enjoying the trip, and
with love to Mrs. Kempner and Gladys, I remain, with all good wishes to you
Sincerely,
44
Mr. D. W. Kempner
Brenners Park-Hotel
Baden-Baden, Germany
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Blackshear, A. H., Jr. [Letter from A. H. Blackshear, Jr. to Mr. D. W. Kempner, September 11, 1956], letter, September 11, 1956; (https://texashistory.unt.edu/ark:/67531/metapth1361088/m1/1/?q=%22Agriculture+-+Processing+and+Storage+-+Cotton+Gins%22: accessed July 10, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Rosenberg Library.