House of Pye, Rich & Wilkieson

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 Ballick actions, 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. (?) company has hitherto made no progress to account for such a rise in her actions 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". MORE HERE