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January 22, 1932.

Dear Raymond:
No news except usual stuff.  Atdelmaseh [?] $50 due 12th will come sometime. Sullivan $75 due today: have promise of something next Tuesday or Wednesday.  Will probably get 5 or 10: then hang around many nights for balance.

I enclose some dope on Fortuna for which I would like to hear your attitude.  Please return the circular for record.

Your brother
[?] Fast on A22 today 117 5/8 off 3 1/2