Jane Lathrop Stanford Papers

New York, February 12, 1898.

My dear Mrs Stanford:

In conversation with you some two years ago you expressed a desire to sell out your interests in the Pacific Coast Railroads. At that time I had such large contracts outstanding that it was impossible for me to entertain the proposition. If you feel like opening up negotiations at the present time and will give me a list of the properties with the values you place upon them I will consider it and in connection with some friends might conclude to make the purchase.

I may say to you that the market here in the Southern Pacific Stocks is purely a "made Market" and should any considerable quantity of the stock be put upon the Market it would have a very bad effect on the price of the stock.

In any event I trust you will treat this letter as confidential.

Yours very truly,

John W. Mackay

Mrs Leland Stanford,

San Francisco, Cala.

Pacific Postal Telegraph - Cable Co.

Received at San Francisco, Cal.

New York, Mar. 3rd., '96.

Mrs Leland Stanford,

San Francisco.

I am delighted to know that you won your suit hearty congratulations.

John W. Mackay.

fine executive ability.

Yours sincerely

John Mackay

PACIFIC POSTAL TELEGRAPH-CABLE COMPANY.

Dated New York 21 Rec'd at Menlo Park

To Mrs Leland Stanford June 21 1893

I learn with deep sorrow of the death of Senator Stanford - accept my sincere sympathy

J. W. Mackay