Z506/3/3/13

Letter: E M Foster, Hill House, to 'Uncle'.

Wednesday evening no date

Thanks for hints re money market, Glad she sold out of Egypt when she did. Wishes had done so with Turkey and Peru, but Mr Dalton advised her to hold them for a time. The latter pays no dividend. To sell out would be ruinous '…and I would not leave Emma with money in any foreign stock, - they are now too precarious'. She [Emma?] would like to buy a house, but not near the sea 'after these gales'. She has had thoughts of an annuity for her, or a mortgage but cannot get more than 5%.'Do you think the Russians will go up again when the Egyptian matters are more settled?' 'I am almost at a loss what to do, but I trust and hope God will direct me'. Always remembers Mr Mann's injunction - 'I look to you to see that my money is not wasted and do not lend it, take care of her, I wish no one to handle it but you love'

item

Foster, E M,
Dalton,
Mann

family correspondence, Egypt, stocks, Turkey, Peru, annuities, mortgages