Letter from W.L. Raynes, Clerk to the Trust, to C.A. Storey to enclose Luzac's account of sales. He also informs Storey that he is looking for suitable stock in which to invest the Trust's surplus money. He asks if Storey has heard anything of Nicholson as Raynes had heard from his wife that he was going into hospital for a severe operation. A copy of the Luzac account is with the letter.

Letter from W.L. Raynes, Clerk to the Trust, to C.A. Storey to enclose a letter from C. Lester of Dow & Lester Limited. This letter is addressed to W.L. Raynes to arrange a meeting with Raynes and to inform that the company are folding and collating the Trust's work and hope to provide a full report shortly. He also informs that they have not heard from Messrs. Brill.

Letter from W.L. Raynes, Clerk to the Trust, to C.A. Storey to inform Storey that Dow & Lester have found the missing brasses and to inform him that the accounts are ready to be audited. With this letter is one from G.R. Davis, Dow & Lester Ltd., to W.L. & E.G. Raynes to state that the blocks had been returned by Carter Paterson. The blocks are OK and will be despatched to Raynes.