[D8828AAJ], Letter from Edison Machine Works, Samuel Insull to Thomas Alva Edison, February 15th, 1888

https://edisondigital.rutgers.edu/document/D8828AAJ

View document with UniversalViewer   → View document on Archive.org  → Re-use this digital object via a IIIF manifest

Title

[D8828AAJ], Letter from Edison Machine Works, Samuel Insull to Thomas Alva Edison, February 15th, 1888

Editor's Notes

"The rating of the Shops in the Mercantile Agencies is as follows. The Edison Machine Works, Bradstreet's "A". This means that the credit is high. The highest credit-anything over $1,000,000.00-is designated by "AA". The next highest is "A+". This means anythign from $750,000.00 to $1,000,00.00. We have the next rating, that is, "A", which means from $300,000.00 to $500,00.00, the credity being high. ### Dunn-Barlow & Co's rating for the Machine Works is practically the same as Bradstreet's. It sents "B+1", which means that our credit is more than good and that our status, financially, is from $300,00. to $500,00.00. ### The Lamp Company is rated in Bradstreet's, "B". The fact of the Capital being $250,00.00 is noted, which constitutes the limit of the pecuniary standing. "B" means that the credit is very good-somewhat less than the Machine Works, because of there being less money invested, probably. Dunn-Barlow & Co' rate the Lamp Company "B.1", which means that the credit is high and the pecuniary respnsibility from $200,000.00 to $300,000.00. Bergman & Company, Bradstreet rates them "A" without mentioning the amount of their Capital Stock. Dunn-Barlow & Company rate Bergmann and Company "C1 1/2" which means that their credit is fairly good and their financial responsibility, rom $75,000.00 to $125,000.00. This is a lower rating than is given Bergmann and Company by Bradstreet. Taken comparatively, the Machine Works stand, in both Dunn-Barlow and Company and Bradstreet, with the highest credit. The Lamp Company comes next and Bergmann last. ### I think that the rating all through is very fair. The United Company is not quoted at all in Dunn-Barlow and Company, and in Bradstreet's it is put down at "D", which is the lowest rating given to anyone." Very truly yours, [unsigned]

Date

1888-02-15

Decade

1880-1889

Type

Folder/Volume ID

D8828-F

Microfilm ID

122:764

Document ID

D8828AAJ

Publisher

Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
Download CSV | JSON