Lot 406 of 412:
Series of 7 business letters from Arthur H. Clark  
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Lot closed - Sold For (Includes Buyers Premium):$48
(2 bids)
Series of 7 business letters from Arthur H. Clark to his Cleveland, Ohio banker, F. F. VanDeusen, 4 with Clark's signature.

Clark, Arthur H.

Cleveland, OH [and] Glendale, CA

Arthur H. Clark Company



9 typed letters written between 1927-1940, 3 with secretarial signatures, 4 signed: Arthur H. Clark,and 2 typed, unsigned copies of letters on onionskin paper sent to Arthur. H. Clark.Two of the items measure 8½x5½"; the others measure 8½x11",  on various types of printed Arthur H. Clark Company stationery.

Letter 1: with 4027-37 Prospect Avenue, Cleveland [Ohio] address dated Jan. 21, 1927 & addressed to a Cleveland, Ohio savings & loan company: "Kindly mail the writer copy of your last financial statement showing capital surplus and reserves, and advise what rate of interest is paid by you. Yours respectfully, Arthur H. Clark Per A.S." [secretarial signature]

Letter 2: on Glendale letterhead with characteristic red AHC Co monogram is dated Feb. 13, 1932 & is historically worth quoting in full: "[..] Feb. 13, 1932. Dear Mr. VanDeusen: I have received your circular letter to depositors dated Jan. 29. I am sorry that the taking of this step has become necessary because it does at this time materially inconvenience your depositors. Will it not be possible to get some help from the new Hoover finance corporation which it seems to me has been established for this very purpose? I feel that the building and loan companies are probably the worst sufferers from the billion and a half of so-called hoarded funds. With over two thousand bank failures in this country last year, it is entirely natural to expect the public to hold their funds. It is of course very easy to cuss the public for losing faith. Probably nothing would bring this hoarded money back into deposits more quickly than to tell the public where they can deposit the hoarded funds safely. The public is limited in the amount they can deposit with the small interest rate with the post office savings department. Heretofore one of the safest places for one's surplus funds has been the building and loan companies. Hence, if the new corporation gives to the building and loan companies some relief, the public will be more apt to trust their funds with the building and loan companies, thereby bringing this large sum again back into usefulness. Yours very truly, Arthur H. Clark w." [secretarial signature-AW].

Letter 2a: Onionskin copy to Clark [in Glendale], Feb. 19, 1932 reads in part: "We have just filed today our application with The Reconstruction Finance Corporation to borrow an amount sufficient to pay off our banks. The new finance corporation will not loan any funds in excess of this amount until they are able to see how far their money is going to go [continues several more paragraphs, unsigned].

Letter 3: on 1214 South Brand, Glendale stationary, dated Feb. 20, 1933. "Any change in the situation with the [savings & loan]? These are pretty strenuous times for most of us, and if there is any way in which I can get a little of this money, it would be very helpful.. Arthur H. Clark w. [secretarial signature-AW].

Letter 4: on later 1214 South Brand, Glendale letterhead with monogram in black; dated March 24, 1937. Regards sending a passbook to draw out money. [signed] Arthur H Clark.

Letter 4a: onionskin copy dated March 29, 1937 stapled to Letter 4: positive answer regarding sending passbook for withdrawal. [unsigned].

Letter 5: on letterhead as in Letter 4, dated January 3, 1938; regards sending passbook and sending details of interest. [signed] Arthur H Clark [marked in pencil with a check mark and dated 1/8/38].

Letter 6: on letterhead as on Letters 4 and 5, dated December 27, 1939, sends passbook & asks to credit interest. [signed] Arthur H Clark.

Letter 7: on letterhead as Letter 6, dated June, 28, 1940; sends passbook & asks that interest be credited, etc. [signed] Arthur H Clark. 


This Interesting series of letters show what booksellers/publishers were also going through during the depression era. Rare, as few items signed by Arthur H. Clark come up for sale.

Lot Amendments

Overall condition varies; all show folds from being folded for mailing, staples removed leaving two small holes, a few scattered stains or tiny splits or other wear to edges, else Near fine.

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Item number:
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We have a full service shipping department to ensure proper packing and safe delivery of purchases at reasonable cost. We are specialists at packing and shipping books and works on paper.   All lots purchased by the same client are combined for shipping in order to keep the cost as economical as possible.  Our preferred method for domestic shipments is UPS Ground but we can also ship via FedEx or USPS Priority Mail. We do NOT ship USPS Media Mail under any circumstances.For international orders we select the most appropriate carrier depending on the value and weight of the items purchased.  We are happy to accommodate special arrangements by request.

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13.   Property may be returned by the purchaser, the sale rescinded and the purchase price refunded only under the following conditions:  (1) printed books which prove upon collation to be defective in text or illustration (provided such defects are not indicated within the catalogue or at the sale), and (2) autographs which prove not to be genuine (if this can be demonstrated and if not indicated in the catalogue or at the sale).  Printed books are not returnable for defects not affecting text and illustration, including, but not limited to, lack of half-titles, lists of plates, binder’s instructions, errata, blanks, or advertisements.  No returns will be accepted unless written notice is received by PBA Galleries within fourteen (14) days of the sale of the property and the property is returned in the same condition as it was at the time of the sale.  No lot is returnable on account of property included but not specifically named and described in such lot.  Lots containing three or more titles, whether named or unnamed and selling for one hundred fifty dollars ($150) or less, exclusive of buyer’s premium are sold not subject to return for any reason.

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