Lynchburg Letter: W. H. Loyd to William Gayner
July 15, 1926
In this letter, Mr. Loyd gives updates on efforts to sell the plant and equipment, as well as reflecting on the loss of the plant. Original was scanned and converted to text by Dennis Bratcher. A scan of the original letter is below.
Mr. J.William Gayner,
29- 7th. St.,
Salem, N.J.
July 15, 1926.
Dear Mr. Gayner:
Your letter of the Fourth was read with pleasure and I am glad that you wrote me. My letter with the check must have crossed yours and I trust have received that all right.
A Baltimore man was here last Monday, who represented the Hays interest and made a contract to take the plant, making the first payment to-day, but as yet nothing more has been heard from him. It makes me sick every time I think about this plant getting away from us and like yourself, I know that it is a good proposition to make money. I wish that I knew how to go about raising the money to take it over. We are getting calls for insulators and jars every day now. Cox & Sons Co. of Bridgeton want our Miller Jar Machine. Would you advise selling it with one feeder?
We bought clay needles from O'Neall [sic] at $5.25 each, from Muncie Clay Products Co, of Muncie Ind. at $3.00 each and from Pittsburgh Clay Pot Co. at $1.75 each. Quite a deal of difference on price and not much in quality if I remember right. The Pittsburgh needles were all right.
The American Jobbers Supply Co are buying from Hemingray now. They send in here for some No. 2 and 530 every few days in small lots. Wrote me a nice letter the other day, stating that they were sorry that we quit making them and this is true in more ways than one. McLaughlin is supplying most of the needs of the Pacific coast, so Baker-Joslyn say. They got 50 barrels of No 2 from us last week.
The Baltimore man said that he was going to get in touch with you, he is a Mr. Brandengurg [sic] and said that he had just financed a plant at Altoona, Penn. that had been down for some time. If I hear any more I will write you.
Yours sincerely,
[W. H. Loyd]
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