[D8835ADG], Letter from Samuel Insull to Thomas Alva Edison, June 26th, 1888
https://edisondigital.rutgers.edu/document/D8835ADG
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- Title
- [D8835ADG], Letter from Samuel Insull to Thomas Alva Edison, June 26th, 1888
- Editor's Notes
- "On my return home I find the rush of work here is so great, and that our orders are coming in so rapidly, that to shut down on Saturday night and take stock would be a most serious thing for our business, and would result in our shipments for the month of July being at least $25,000 less than they would be were we to run right through next week, and put off taking stock until the end of the year. I have therefore decided not take stock, and I shall be unable to make you up a statement of our profits for the first six months of this year. ### Some time during July I will write you fully, giving you our financial position, and estimating our profits, as far as I possibly can. If the Viillard deal should go through, and we should have to make up a statement for Mr. Villard before the close of the year, we can, at the close of any month, take stock and supply him with such a statement. ### I am sorry to have to take this course, but were we to shut down on Saturday night and not open until the fifth of July, I am sure our force would not be thoroughly organized until the following Monday. This would cut one week out of our business, and would be most serious matter for us, inasmuch as we should get into disrepute with all our customers for non-delivery, and would moreover, as I have stated above, be $25,000 short in our shipments for the month of July." Yours truly, Sam Insull
- Author
- Insull, Samuel
- Recipient
- Edison, Thomas Alva
- Mentioned
- Villard, Henry
- Date
- 1888-06-26
- Type
- Letter
- Folder ID
- D8835-F
- Microfilm ID
- 123:541
- Document ID
- D8835ADG
- Publisher
- Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
- Has Version
- Archive.org Viewer, Microfilm Series Reel 123