![Transcription Center logo](/themes/custom/tc_theme/assets/image/logo.png)
This transcription has been completed. Contact us with corrections.
I sent you the literature that had reached me concerning the mine in Alaska. I suppose you rece'd it. The chance may be a good one. I have been talking with Dr. Ostrom about investments & he has been in consultation with some business men. he strongly recommends U. S. Steel, common stock. It is now selling at from 78 to 80. Par is $100. and they pay 5% on 100, so that at the present price the interest would be over 6%. I have a little U.S. Steel preferred stock. The Common is likely to pay more he says, and sometimes they pay an extra dividend. I think it may be well for you to invest a little in this security. Dr. Ostrom thinks it a perfectly safe investment. He has some of the stock & only wishes he had more. I do not know how much you have to invest, but it may be well to lay by some in this stock before it goes higher. I write at once about it so you can be thinking about it. The U.S. Steel is owned by strong men financially, & well managed.