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WESTERN UNION TELEGRAM THEO N. VAIL, PRESIDENT

RECEIVED AT dollars and as I told you thought 191 DATED could purchase for 400 000 dollars you TO buying and carrying had for me stop I now find that this stock has gone into strong hands and is not for sale stop. I have also one fifth interest of my own and owing bad market conditions will be glad to sell it to you for 400 000/ dollars I am carrying one half for me.

                                Dunn. 235

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