Difference between revisions of "House of Pye, Rich & Wilkieson"
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1782, 29 June - Copy of letter from [[House of de Coninck & Reiersen]] to Pye, Rich & Co. in Amsterdam, which reads: | 1782, 29 June - Copy of letter from [[House of de Coninck & Reiersen]] to Pye, Rich & Co. in Amsterdam, which reads: | ||
| − | "We observe the proposal made you by Mr. Peschier [[Peschier, Pierre]] to draw on you f40 (?) against a deposit of 170 | + | "We observe the proposal made you by Mr. Peschier [[Peschier, Pierre]] to draw on you f40 (?) against a deposit of 170 Baltick (i.e. Baltic) actions (i.e. shares), the price of the same has been lately droven up to 200 Rd, but fall again to 150 Rd or under, they are risen again since a forthnight to 180 - (currency), but on the news of approach of peace, yesterday there were no buyers, or belief if one had offered to sell at 150 (currency) no purchasers would have come up, as P. (Peschier's) company has hitherto made no progress to account for such a rise in his actions (shares with Pye, Ruch & Wilkieson?) which originally are of 100 Rd each there all what they are above that only a matter of opinion, and the hopes of future gains, we should think the best method both for you and Mr. Peschier, and the most consistent with reason and prudence will be to fix the value thereof at a moderate price for the deposit with the condition to furnish on his side, us to get back again from us 10, 20 or 30 (currency) should they fall or get up to that extent such as its practices with you in similar cases" (Uldallske samling, Uldall 134, 2o. Entitled: "Correspondence mellem Agenterne de Coninch og Reyersen paa den eene og Etatz Raad Hennings paa den anden Side, i Anledning af den sidstes Breve om Actie-Handel, skrevne mod de Coninch og Reyersen". The Royal Library, Håndskriftssamlingen) |
| − | 1782, 29 October - Similar letter, similar parties to that of the same year, above, but here it is a matter of "40 East Sea actions". | + | 1782, 29 October - Similar letter, similar parties to that of the same year, above, but here it is a matter of "40 East Sea actions", i.e. East Sea company shares. The letter reads (from Rye, Rich & Wilkieson to de Coninck and Reiersen): "Mr. Peschier [[Peschier, Pierre]] applied to us yesterday for delivering out to him 40 East Sea actions (shares) of the deposit we have in our hands for your security telling us he would umitt(?) you the amount by this days post, what ever might have been our private opinion about Mr. Peschier's solidity we did not think ourselves authorised to to comply with his desire, not having your orders, unless he could give us other security, and we answered him accordingly, as per our enclosed correspondance, in reply to which we received the impertinent letter, which we herewith send you in original, and as we would not choose to to be for the future exposed to a correspondance with him of that nature we must beg the favour of you if you approve our conduct, to write to him your opinion accordingly, or otherwise to appoint somebody else to whom we may transmit the above deposit. He sent us this day your West India company actions (shares/bonds) against which we delivered him twenty of his actions (shares/bonds) of the Baltic looking upon the former to be much better security their value being at present above 720 Rd per action (share/bond) when the others only been a nominal price of about 130 Rd per ditto but without any possibility of realising any quantity" (copy of letter dated to 29 OCtober 1782) (same reference as previous letter, Royal Library). |
[[Category:Trading House]][[Category:Foreigner]] [[Category: Monetary trade]] | [[Category:Trading House]][[Category:Foreigner]] [[Category: Monetary trade]] | ||
Latest revision as of 05:27, 6 September 2018
Trading house in Amsterdam.
1779 - Asiatisk Kompagni took out a loan here, which ran out in 1784. After much debate whether to pay out or prolong the loan, the management of Asiatisk Kompagni decides to repay the loan, which worked in favour of the credit of the company. (Rasch, 1948:192)
1782, 29 June - Copy of letter from House of de Coninck & Reiersen to Pye, Rich & Co. in Amsterdam, which reads: "We observe the proposal made you by Mr. Peschier Peschier, Pierre to draw on you f40 (?) against a deposit of 170 Baltick (i.e. Baltic) actions (i.e. shares), the price of the same has been lately droven up to 200 Rd, but fall again to 150 Rd or under, they are risen again since a forthnight to 180 - (currency), but on the news of approach of peace, yesterday there were no buyers, or belief if one had offered to sell at 150 (currency) no purchasers would have come up, as P. (Peschier's) company has hitherto made no progress to account for such a rise in his actions (shares with Pye, Ruch & Wilkieson?) which originally are of 100 Rd each there all what they are above that only a matter of opinion, and the hopes of future gains, we should think the best method both for you and Mr. Peschier, and the most consistent with reason and prudence will be to fix the value thereof at a moderate price for the deposit with the condition to furnish on his side, us to get back again from us 10, 20 or 30 (currency) should they fall or get up to that extent such as its practices with you in similar cases" (Uldallske samling, Uldall 134, 2o. Entitled: "Correspondence mellem Agenterne de Coninch og Reyersen paa den eene og Etatz Raad Hennings paa den anden Side, i Anledning af den sidstes Breve om Actie-Handel, skrevne mod de Coninch og Reyersen". The Royal Library, Håndskriftssamlingen)
1782, 29 October - Similar letter, similar parties to that of the same year, above, but here it is a matter of "40 East Sea actions", i.e. East Sea company shares. The letter reads (from Rye, Rich & Wilkieson to de Coninck and Reiersen): "Mr. Peschier Peschier, Pierre applied to us yesterday for delivering out to him 40 East Sea actions (shares) of the deposit we have in our hands for your security telling us he would umitt(?) you the amount by this days post, what ever might have been our private opinion about Mr. Peschier's solidity we did not think ourselves authorised to to comply with his desire, not having your orders, unless he could give us other security, and we answered him accordingly, as per our enclosed correspondance, in reply to which we received the impertinent letter, which we herewith send you in original, and as we would not choose to to be for the future exposed to a correspondance with him of that nature we must beg the favour of you if you approve our conduct, to write to him your opinion accordingly, or otherwise to appoint somebody else to whom we may transmit the above deposit. He sent us this day your West India company actions (shares/bonds) against which we delivered him twenty of his actions (shares/bonds) of the Baltic looking upon the former to be much better security their value being at present above 720 Rd per action (share/bond) when the others only been a nominal price of about 130 Rd per ditto but without any possibility of realising any quantity" (copy of letter dated to 29 OCtober 1782) (same reference as previous letter, Royal Library).
