Document wj0qrDbyo3mLop84VJnODYLB

NATIONAL LEAD ARNALDOBARANI Assistant Manager Export Department ,v y METAt DIVISION u'Eastem .Region January 6, 1971 Eastern Machinery & Trading Co, Imperial Chambers Wilson Road, Ballard Estate Bombay-1, India Ref: DGSD 119 L/T Pig; Lead Gentlemen We are replying to your letter of December 16, 1970. We are very much surprised to hear that you are requesting a commis sion of 27o. We regret to inform you that according to our records you are not entitled to any commission. Perhaps you have overlooked the terms on which above order was accepted. In order to clarify this metter, v?e are enclosing copy of our letter of January 22, 1970, and copy of your telegram and letter, both dated January 9, 1970 accept ing our terms and conditions. Secondly, please refer to the attached copy of ISM'S Letter of Cred it. The entire value of the credit or cash available to us, is $42,054.60, equal to 119 long tons at $353.40. According with the price agreed of $15.50 per 100 pounds, we credited you with the dif ference as follows: 119 L/T at $353.40 per L/T = 42,054.60 1 L/T= 2240,-1 at $15.50= $347.20 per L/T X 119 L/T= 41,316.80 Difference in your favor 737.80 Please let us have your comments on this letter and if you agree we will be only too happy to issue a check to close this transaction. Yours very truly, w AB :ro Ass't. Manager 176 Broadway, New York, N. Y. 10038 (212) 732-9400 * Cable: LEADCO Division of National Company N 27470