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Andrew Owen

Unit 27 Transcription Key

     207.  Reading and Dictation Practice
            Dear sir: Your letter on the subject of reorganizing the Merritt Valve
            Corporation on a more stable basis has been carefully analyzed
            by Mr. Hoskins.  It will be of value to you to know
            that a sound but elaborate plan has been outlined
            that will undoubtedly establish the business on a solid financial
            footing.  We have presented the essential details to the prominent
            bankers in this territory and we are also negotiating with Philadelphia
            and New York banking houses.  The proposition is more than ordinarily
            appealing to them; their attitude is entirely favorable and we think
            it will be no difficulty whatever in floating a bond issue
            that will render further temporary loans unnecessary.  It is
            suggested that the bonded indebtedness be increased from $5,000,000
            to $10,000,000 and that the common stock be increased
            by 10,000 shares by calling in the present issue.

            The enclosed
            data will give you full particulars.  Very truly yours,

            [159 words]

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About Gregg Shorthand
Editor's Note
A Talk with the Beginner
The Alphabet
Chapter I
   Unit 1
   Unit 2
   Unit 3
Chapter II
   Unit 4
   Unit 5
   Unit 6
Chapter III
   Unit 7
   Unit 8
   Unit 9
Chapter IV
   Unit 10
   Unit 11
   Unit 12
Chapter V
   Unit 13
   Unit 14
   Unit 15
Chapter VI
   Unit 16
   Unit 17
   Unit 18
Chapter VII
   Unit 19
   Unit 20
   Unit 21
Chapter VIII
   Unit 22
   Unit 23
   Unit 24
Chapter IX
   Unit 25
   Unit 26
   Unit 27
Chapter X
   Unit 28
   Unit 29
   Unit 30
Chapter XI
   Unit 31
   Unit 32
   Unit 33
Chapter XII
   Unit 34
   Unit 35
   Unit 36


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