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LETTERHEAD
MEMBERS OF THE NEW YORK AND PHILADELPHIA STOCK EXCHANGES,
N.Y. COTTON EXCHANGE, N.Y. COFFEE EXCHANGE AND CHICAGO BOARD OF TRADE
CHAS. D. BARNEY & CO.
BANKERS & BROKERS.
25 BROAD STREET.
J. HORACE HARDING
CHAS. S. PHILLIPS
JAY COOKE 3RD
HENRY E. BUTLER
JOHN P. GRIER
_____
BRANCH OFFICE
SHERRY'S
524 FIFTH AVENUE.
PHILADELPHIA OFFICES
122-124 S. FOURTH STREET
AND NORTH AMERICAN BUILDING.
/LETTERHEAD
NOTE File /NOTE
New York. July 23rd, 1908.
H. C. Frick, Esq.,
Pride's Crossing, MASS.
Dear Mr. Frick:-
Enclosed herewith is statement made up showing the sale
of 2000 Southern Pacific as of to-day, at 93 1/8, the purchase of it July 26th last.
Charging this account at the same rate of interest we
have charged your account, and crediting the dividends on the same,
there is a net profit of $9710.
My understanding is that you do not wish the stock sold
but merely an entry made as though the sale had been made.
If this goes through the two accounts, it will be necessary
for us to charge commissions under the rules of the Exchange,
so I would suggest that you either allow us to charge your account
$9710. and credit R. F. K. a/c, or that you send him check for that
amount or we will send him a check, if you prefer and charge your account
This way $500. commission on the transaction is saved.
We are having a strong bull market here and the Standard
Oil interests are so delighted with the decision, that they are doing
their share toward aiding the advance.
END OF PAGE 1/2

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