TEXT OF READING 3818-7 M 39
Text
Date: 9/5/1924 Sex: M Age: 39 ReadingID: 11420
This Psychic Reading given by Edgar Cayce at the New Southern Hotel, Parlor L, Columbus, Ohio, this 5th day of September, 1924, in accordance with request made by self - Mr. [3818].
[Edgar Cayce; Gladys Davis, Conductor & Steno.]
Time of Reading 10:45 A. M.
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GD: You will answer all questions which I will ask you relative to his business associations.
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EC: Yes, we have these here. We have had these before, you see. There are many conditions regarding the business associations that have developed to near satisfactory conditions. There are others at the present time that are in that state of giving some worry and trouble to [3818] personally, and some associates. The general conditions, however, are on the improve. There are some connections that could be and should be made. Some in Chicago, others in the East, such as with Lauer & Company of 74 Broadway. This would prove of benefit, also some with Greve, Wall & New Street, New York, with Pullman Trust Company, Chicago, Ill., LaSalle Street.
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(Q) Should he speculate in cotton, grain or stocks to recoup his losses? (A) We find there will be the opportunity in all of these commodities for one to recoup losses. Also the possibility for further losses.
In that of grain, we find there will be in the near future a decline with a fast cover of same, with a rising market for few days.
In cotton, we find there will be the greater change in the price of this, governed principally by following reports on conditions that are now being given out. Some will be the beneficial, or the bear market, but the general trend will be the up grade, for we will find that again will the market be in the up trend on this commodity for several, several, days, with sudden rise and fall.
From the stocks, there are many that will find the sudden rise and fall in the next ten days. Many will be near normal, with the gradual breaking to lower grades.
Then, we would give on this condition, there are opportunities. These must be taken, or left, as the individual decides within his own mind. Not from this source should these be used as speculative, save as the general trend of same.
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(Q) What should he do about Frank Shoenfeld? (A) We don’t get the connection at the present time, for we haven’t the location here of Frank Shoenfeld. That’s not in the mind of [3818] at the present moment [See 3818-2, Par. 3-A].
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(Q) Will he have any trouble on International Lamp? (A) There promises to be some conditions that will savor of disturbing conditions. This, as we have given, will work itself to the better conditions. Do not worry over the final outcome of these conditions. There are some that must be met, and papers that must again be passed that will give the present management in same to have the opportunity to recuperate and work out the development of same. There needs be no worries, for the conditions will be met as they arise.
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(Q) What should he do on present proposition to equip paper mill in Chicago? (A) These we find are in very good conditions at present, and he should, [3818], go about to purchase the contemplated site for same, and prepare to make necessary arrangements for the equipping of same, for this can be accomplished in part through the leads as given from Chicago and New York.
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(Q) What would be the outcome of overcoat proposition at Boone Mills? (A) Not sufficiently developed as yet to give the outcome of this. These will prove, as we get (from the present conditions we get, however), very satisfactory.
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(Q) What should he do about Mr. Stratton? (A) Don’t get Stratton.
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(Q) What should he do about Mr. Hayward? (A) These conditions must of necessity be taken care of.
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(Q) Should he make deal with Mr. Litsinger? (A) We don’t get it as such, though in some respects would be satisfactory, but we don’t get it as such as being made with at present.
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(Q) Should he buy Boone Stock now, or when? (A) Very soon - yes, for we will have a rise market in Boone Stock.
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(Q) Will Mr. Bryant, President of Pullman Trust & Savings Bank, be useful to him in his present plans? (A) He will.
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(Q) Shall he consider Fred C. Bristol & Company in his present plans? (A) Always to be considered. As to how much, and the present relations, we don’t get those.
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(Q) Will Sharpker Stuart & Company be useful to him in his present plans? (A) There are others that would be more useful than Sharpker Stuart & Company. All may be used to some extent.
In the summing up of all conditions that we find, this is the better condition: Using some of the better friends in the present conditions to cover in the exchange on stocks, or commodities, this body, [3818] may suddenly come to the change necessary to recuperate many losses.
- We are through for the present.
Reports
Reports & Follow-up
R1. 2/17/25 Mr. [3818] died suddenly of a heart attack.
Background
Background
B1. See 3818-2 through 3818-4.
B2. 9/3/24 He submitted questions.
Generated research index
Index (LLM-extracted)
Summary
A psychic reading for a man seeking guidance on business associations, investments, and speculative opportunities in 1924.
People: Frank Shoenfeld, Mr. Stratton, Mr. Hayward, Mr. Litsinger, Mr. Bryant, Fred C. Bristol, Sharpker Stuart
Places: Chicago, New York City, Boone Mills, Pullman Trust Company, LaSalle Street, 74 Broadway
Concepts: business guidance, speculation, financial recovery, intuitive counsel
Referenced readings: 3818-2
Mentioned Entities
Chicago, New York City, Ohio, Gladys Davis
Source: The Complete Edgar Cayce Readings, A.R.E. CD-ROM (2006). Reading 3818-7, ReadingID 11420.