Untitled Page 8

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KianaJones at May 29, 2020 09:06 PM

Untitled Page 8

OFFICE OF
ESTATE LELAND STANFORD
AND
JANE L. STANFORD
819 MARKET STREET
San Francisco, Cal.

San Francisco, Dec. 11,1901.
Dear Sister:-
Inclosed herewith please find copy of letter addressed to Mr.Geo.E.Crothers asking him if it would be possible for him to procure the necessary receipt asked for your communication addressed to myself
Regarding the Mex.International Ry. 4% bonds due 1977 upon which interest is paid March and September and which Mr.Hawley wishes an option of 60 days on same would say, you are the owner of 133 bonds of$1000 each and 44 bond of $500 each making a total of $155,000.00. The last sale quoted in New York was July 29,1901 at 90 5/8. The price quoted is below their face value and bring you in more than 4% interest than the price sold for in New York. You have paid a premium for Railroad bonds that did not bring you in as much interest as the Mexican Int. do at present. As I suggested yesterday afternoon, I would talk a little to Mr.James Speyer regarding these bonds so that you may be able to get some information, but I would not at any time intimate to him that you are desirous of disposing of the same.
Your affectionate brother.
Chas. G. Lathrop

Untitled Page 8

OFFICE OF
ESTATE LELAND STANFORD
AND
JANE L. STANFORD
819 MARKET STREET
San Francisco, Cal.

San Francisco, Dec. 11,1901.
Dear Sister:-
Inclosed herewith please find copy of letter addressed to Mr.Geo.E.Crothers asking him if it would be possible for him to procure the necessary receipt asked for your communication addressed to myself
Regarding the Mex.International Ry. 4% bonds due 1977 upon which interest is paid March and September and which Mr.Hawley wishes an option of 60 days on same would say, you are the owner of 133 bonds of$1000 each and 44 bond of $500 each making a total of $155,000.00. The last sale quoted in New York was July 29,1901 at 90 5/8. The price quoted is below their face value and bring you in more than 4% interest than the price sold for in New York. You have paid a premium for Railroad bonds that did not bring you in as much interest as the Mexican Int. do at present. As I suggested yesterday afternoon, I would talk a little to Mr.James Speyer regarding these bonds so that you may be able to get some information, but I would not at any time intimate to him that you are desirous of disposing of the same.
Your affectionate brother.
Char. G. Lathrop