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Home March 20, 1911

My dear Francis
Yours of March 18, has come with the two checks, which I will deposit tomorrow. The bond cost you $98.00/100 because the coupon bearing interest in June was deducted. You will get your interest in Dec. and next year in June & Dec. Your two checks one for $65. and one for $91 make $156. Subtracting $98. for the purchase of the $100 bond, less interest, leaves $58 for deposit. On the 25th your Homestake div. will be paid. That will be $65. You said I was to subtract the $15 I advanced on the last purchase of stock. That will leave $50 to be deposited for you. When I go down tomorrow I will get your balance before I deposit so I can write you just what you have.

I went today to see Dr. Nicolas about the