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Carmel,Aug* 27, &0f#,
Dear Mr* flelshhacker.
Relative to our talk
over the phone,! enclose two hundred and eleven
shares of Associated Gas and Electric Glass BAn
stock,certificate numbers? 100 ehs 14863,60 shs
58502, 40 she* 110394, 4 shs.115814, 6 shs*
IT0S3850,one sh.IS?706.
It is paying a stock dividend of ten percent,
but it seems to me that this oan?t go on for
ever* In looking over the printed reports of the
company I find nothing to hslp me to determine
the hook value of the stock of rate of earnings
to expenditure for the present year* Financal
papers are stating that many of these public
service corporations are over priced and adjustment may happen at any time* I bought at 60 and
would like to sell at 83 or better,but if this
is impossible it seems wiser to me to put my funds
into something safer and to distribute the® wider*
If you don*t think it an imposition I should
like your advice,but if too troublesome you know
me well enough to shunt me off to a department
of the bank. The dividend rate of this stock is
so tempting that I should have kept it for a year
or so,if these rumors had not disturbed me.
I will write in a day or two and tell you
all about your plans*
rith kindest regard,! am,
GREENE & GREENE LIBRARY
THE GAMBLE HOUSE
Faithfully yours,
Cj C,~3J~ ? 3 ' /S/f ^Jo,