ROAD EQUIPMENT COMPANY
116 N. LA SALLE STREET, CHICAGO 1, ILL.
TELEPHONE
RANDOLPH 8-6430
February 3, 20…
John Miles Tractor Company
619 Stonegate Road
Peoria, Ill. 61601
Re: Cooper Construction Company
Springfield, Illinois
Gentlemen:
We understand that you are familiar with the affairs of the above company, from which we have just received a large order.
Will you kindly give us your opinion of the company's financial responsibility, credit standing, and general management. If you are granting accommodations, we should like to know the extent of the accommodation, the amount at present owing you and, if on a secured basis, the nature of the security.
Your reply will be appreciated, and we assure you that any information you may give us will be held in strict confidence. Should the occasion present itself, we shall be very glad to reciprocate the favor.
Yours very truly,
C.F. Cummings
Credit Department
CFCummings:jn
III. Favourable Information
Private and Confidential
Dear Sirs,
Messrs. Johnson & Co., about whom you inquire in your letter of 17th March, have done business with us for the past two years. Orders have been comparatively small and payments regular, with a short delay in one case. Our representative reports that the firm is sound and reliable. A credit of £400 would appear to be in order.
This information is given in confidence and without responsibility on our part.
Yours faithfully,
IV. Unfavourable Information
Private and Confidential
Gentlemen:
We regret to state, in response to your letter of May 28, that our experience with the firm in question has not been satisfactory.
During the ten months they have had an account with us, we have repeatedly had difficulties in collecting bills. It seems that their financial position is not very strong.
Under these circumstances we would advise you to proceed with caution and, if possible, to do business on cash terms only.
This information is given without any obligation on our part, and we trust that it will be held strictly confidential.
Very truly yours,
VIII. Delays in Delivery
Delays in Delivery and Non-Delivery—Missing Consignments