The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-10-06
OUAY'S PLUM
TREE SHAKEN.
Whenever Funds We're Needed
at the Bank.
Interesting Letters From Sem
atOr to Cashier
PLACED IN EVIDENCE.
He Had a Upon the Presid ent's
Message
Regarding the War and Used 1t
In Speculation.
PLACED IN EVIDENCE

kins:
November 20, 1894. Yours Of 18th
instant, with Enclosure, received, which
I herewith returned signed. Purchase
an additional 100 shares of the same
stock at 10; 100 shares at 109; 100 shares
at 10Y; 100 shares at LOG. OF course pur-
chase all for less if you can. so that
the average will be maintained. My
information is that this stock will go
higher in the near future. Your friend,
Mr.. EIkin, is a partner in this trans
action, as you will see by the signature
on the note. Mr.. NJ. is to have the use
of so from November 1, 1896. You ami
he can arrange when he can use it,
The first Quay letter was to Hopkins
under date of January Is, 1897, saying:
Dear John: Give George HUM $25,-
600 for me. 1t is for a margin in some
stocks. Send me a note for $25, 900 and
I will sign and return"
The next dated September q, 1897, is
as follows:
81 have at Huhn's 800 shares of Met.
l wish you to take it out for me. 1t
stands S110,S12. so August 81 and with
your S61, 625 will make SIP, 437. so I will
owe your bank. have 100 New Jersey
bonds, fifteen hundred shares of New
Jersey stock which I will change into
Met as soon as the top notch in Jersey
is reached. That is to say, I will sell
the Jersey securities and pay off the in
debtedness. The Jersey bonds ought to
go to par within so days. When they
are par the stock will be at least so.
1t will pay a small dividend next year.
Please write me on receipt of this.
P. ST suppose there is some circular
to the Met holders explaining what will
be done at the meeting. If there is,
please send me one
The next dated September %, 1897,
asks permission to make an overdraft
of $1,000 to be carried until November.
1t reads further:
You can carry it as an overdraft or
send me a due bill here"
The. next dated September 26. 1897. is
as follows:
your letter is to hand. The arrange
ment about the stock is satisfactory"
Also the following all signed by
Quay:
October %, 1897. Enclosed send you
a power of attorney to transfer a thou
sand shares Of Consolidated Jersey
stock. Please wire me on receipt
october %, 1897. Mr. Dear Hopkins:
/ lncIOSe certificate No. A1S9S, for the
thousand shares of Consolidated Trac-
ton company Of New Jersey, according
to promise. Please wire me at Sewick-
ley, Pa, on the receipt. I will be at
Sewic6ley over tomorrOy, Friday, go
ing there in the afternoon, will be at
Beaver. I see 200 shares of Jersey sold
yesterday at 81. I suppose it was mine
1 think you can get that and better for
all of it"
November 81, 1897. Dear Hopkins:
I incIose note and S62, 857.25 at your re-
quest. presume it is for the five hun
dred of Met. If so, think Monte must
have forgotten to collect the cash divi-
dend Of $1.25 PEI share. I have your
telegram saying the bonds are low
again. How much of the stock have
you sold2 We will leave here on or be
fore the first of December; most likely
will be home by then"
December IA, 1897. Dear John: Yours
to hand. I will let you know before
drawing on you. Please write me and
mi st n q of NV
you hear about Met2 I thought when I
bought this stock it would go very
much higher than it is, but am com
mencing to feel like letting it go to
are no war notes at present and the
action of the Spanish government and
the presidents n Bssage will be quiet
ing and pacific"
December Z, 1897. Dear John: AS to
the Met scrip, the reason for its
cheapness is that it bears no interest
until next October and that the COM
pany has the option to pay in cash or
stock. Should it go to the bad. it will
be continued. II the stock goes above
par and remains SO, the company will
pay the money. Mr.. HUM tells me and
It seems to me that under the circum-
stances that 90 or SO IS a very full price
for it,
December 10. 1s97.-Dear John:
have thousand shares of sugar that
HUM bought at 142. which I wish to
pay for and take over to the Peoples.
I have bought it for keeps, but don't
wish hte stock to be placed in my name
just yet, as I will sell if I find I can
get it any lower. Get rid of the Met.
scrip and consolidated Jersey stock as
rapidly as you can at the figures 1xed.''
Here was offered a receipt dated De-
cember IA, 1897, as follows:
Received by the Peoples bank S129,-
651.65, for a thousand shares of Sugar
Trust Certificate company to be trans
ferred to the name of John s. Hopkins,
Esq.
(signed) GEO. HUNT & SONS"
The next letter, dated December 10,
1897. is as follows:
Dear Hopkins: I forgot to say that
the cost of the stock at Huhn's will be
about $4,000, as he has about II 900
or Il, 600 of my money there and you
will have $115,000 proceeds of consol-
dated Jersey securities, and the profits
on the Met will about square my ac-
count when the Sugar is paid for. I
want to take $50, 600 of Dicks bonds.
See you about it. There are 300 more
shares of Consolidated Jersey lying with
Montgomery, which you Will sell in ad-
the bonds have advanced Two or three
dollars and the stock ought to go up
The next dated December II, 1897:
Dear John: The understa nding is
that Monte shall sell 1866 Consolidated
traction of Pittsburg at 424 against
price there is a margin of 1923. O00 This
Will be sent to you. With the proceeds
OF the 300 shares will leave credit to
me on your books of about 10000
The next, dated the 18th, was as fol-
lows:
Il go to Florida tomorrow to be alb
sent two or three weeks. MY postoffice
address viii be San Luie; my telegraph
Fort Pierce. I wrote you last night
but without my spectacles could not