TEXT OF READING 4905-2
Text
Date: 6/27/1924 Sex: M ReadingID: 12927
This Psychic Reading given by Edgar Cayce at Phillips Hotel, Room 115, Dayton, Ohio, this 27th day of June, 1924, in accordance with request made by self - Mr. M. B. Wyrick.
[Edgar Cayce; Mrs. Cayce, Conductor; Gladys Davis, Steno. Geo. S. Klingensmith and Hugh Lynn Cayce.]
Time of Reading 4:15 P. M. Bosque County, Texas.
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GC: Now, you have before you the tract of land owned by Mr. M. B. Wyrick, in Bosque County, Texas. You have made a location on this for the drilling of an oil well. You will give the more specific location from the house and stump as located. Also tell if possible the names of the people who might be solicited for funds for the development of these lands.
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EC: Yes, we have these here. Have had these before, you see. Conditions have not changed since we had them before except those of the surface. From the stump or tree, which is portion of a stump, to which some wires have been attached, and portions are there as yet, from this stump North and West twenty paces, near where we see there have been the signs of a salt lake, or from the location South and East to the stump, twenty paces. Here we would make the location for the well.
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As to those and the names of the those who may be solicited for funds for the development of this property, there are those already interested in St. Louis that may be solicited again. Judge.
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There are others in Kansas City who know of the country, of the operations in portions of the district, who know particularly of the geological structure as given by geologists that may be interested, Malvin.
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There are those in Chicago that have been interested that may be further interested with the developments as they progress, and with the preparation for the operations. These we do not have the name of all. Stallings we seem to have.
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In New York there are still others; Whitehead and Mason.
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In the drilling of the well here at location as has been given, 20 paces North and West from the stump, we would find the depths in which the production at 3,000 to 3,500 barrels per day may be obtained, 2,985 to 3,200 feet. In this we would begin with the casing at least 15 inches or we will have 3 stratas of water to shut off. Others may be carried to the depths as has been given for the shutting off of water. The cavings in the portion of the structure as given would come under the protection of the larger or second larger casing necessary to use in this location, on this land, M. B. Wyrick’s, Bosque County, Texas.
Reports
Reports & Follow-up
R1. 6/28/24 EC’s ltr. to Mr. Wyrick:
Dear Mr. Wyrick:-
Have yours of the 26th, and as we had an open date yesterday afternoon the enclosed reading was taken. I am in hopes this will give you further information that perhaps is more explicit and direct and I hope it will be a great deal of service to you.
George came back yesterday. He has been in Nashville, Tenn., and Birmingham, Ala. He still seems very optimistic as to the final outcome of the work that he has been attempting to do. While he has no actual money, he seems to think that he has promises from people that are very able to help out if they so desire, and I know from past experiences that many of these have been very much interested in work of this kind. The thing he seems to feel is the greater possibility that he was able to get one of the ladies in Birmingham, who is considered a leader and a very influential lady in many ways, interested in the work and she is supposed to be at the present time making a trip for the good of the work. Of course this is a person I have known for a number of years and I realize that if her interest is aroused sufficient for her to go to work she has the ability to do things. We should have then, within the next thirty days anyway, perhaps a great deal less time, the possibilities of the development from that quarter. George says he intends to put his time and some money too, if he can get it, into getting established.
George, however, had some very troublesome times also on this trip. Some of the checks that Mr. Lammers sent him were returned and gave him considerable trouble. George is here just now but expects to go to his home in Pennsylvania about Sunday.
Things are just a bit quiet with us at the present time. I am in hopes that we will be able to hold to-gether until we can get something definitely going towards getting permanently established.
Thanking you and hoping to hear from you every opportunity, I am.
Sincerely, Edgar Cayce
R2. 7/5/24 Mr. Wyrick’s ltr. to EC:
My dear Cayce Yours of 3rd just received enclosing fifty - hope it will help. As usual I am running very close. Sorry you are in hard times. Hope the luck will soon change for all of us I have not heard from our friend at Dayton since he was there all promise and no money. Expect to go to Texas 15 or 20 this mo. We will soon be drilling, then I think can raise money easier - Hope George has luck - east. Best wishes
M. B. Wyrick
R3. 7/7/24 EC’s ltr. to Mr. Wyrick:
Dear Mr. Wyrick:-
I have yours of the 5th, with enclosure, for which please accept my most sincere thanks. I’m in hopes that I will soon be able to make things meet without calling on you so much. I am hoping to make some kind of a change this week. Expect to hear from George to-morrow and from another party who has promised to be here the first of this week. I haven’t seen nor heard anything from our friend here in some time. Certainly think it is a shame the way he has treated you. Certainly very ungentlemanly and unfriendly the way he has treated you and George both.
Glad to know that there are prospects of your getting the drilling started in Texas soon. I am enclosing you, herewith, a letter received from a man [Cecil S. Ringle] this morning, and will try and tell you something about him and then you may judge for yourself as to whether it would be worth while to stop and see him on your way down. I first knew him about three or four years ago, when we first started in the oil game. He was a driller at the time and took charge of the drilling operations on the first well that I was ever connected with in any way through the readings. He seemed to think the information was worth while. Some trouble arose between the operator and this man, and he struck pretty hard lines for some time. Something like a year ago, he got connected with a group of men from New York and has been drilling some wells around Wichita Falls. Now, whether he has any money or not I do not know. He has told me several times in the last eight or ten months that he would soon be in shape to drill a well that I would locate. As you can see from this, he has checked up on several that have been drilled in that territory. Of course, he is asking for information regarding acreage in his district but says he would drill anywhere. I felt that it might be possible for you to make some kind of trade with me and his group to drill the well in Texas - San Saba, of course, I mean. He knows the field, though never worked on that well. I haven’t given any information on this as yet and will not write his until hear from you and know whether you think it would be wise to see him on your way down. If so, I will write him to expect you and have him communicate with you, or your with him, which ever you think best. I feel sure there would be no trouble in you getting the acreage in San Saba and I’m sure you would find in Ringle a man who would attempt to carry out the instructions as given as near as he knew how. What kind of a trade he would want, of course, I don’t know. Ringle, I am sure, is as straight a fellow as you will find in the drilling game but like all of them has to be watched and things put in black and white with him. They have seen the results of a great [number] of the readings on himself, on his wife and other members of the family, as well as the readings on oil developments. He has made some mistakes with it and I think has learned some lessons with it. This may be a long change but I felt like that it perhaps was an opportunity, so I’m trying to pass it along.
R4. 7/9/24 Mr. Wyrick’s ltr. to EC:
Chicago, Ilinois
Mr. Edgar Cayce, Dayton, Ohio
My Dear Cayce:
I have your letter of the 7th. Glad to hear from you. I hope that the arrangement George is making will be to your advantage, but if I were you I would be sure that there was sufficient financial backing, cash in hand, to take care of you and your family before you make another move.
Personally I am very much fed up on promises and am beginning to think that the dollar is the ruling spirit with more people than we would like to believe. Our experience in recent years confirms the old saying of a “Bird in the hand is worth a flock in the bush.”
Now about Mr. Ringle. I get it from his letter that he is interested more in developing some land in the vicinity of Wichita Falls than he would be in going elsewhere and probably the best way to interest him in other Texas location would be that you write him explaining the situation, and if he will be interested in moving his operations from the Wichita territory to other fields, then I might get in touch with him and carry the negotiations to a conclusion. I will be glad to do anything in any way that will be of the most benefit to our cause.
Best wishes.
Yours very truly, [signed] M. B. Wyrick MBW-A
R5. 7/29/24 EC’s ltr. to Mr. Wyrick:-
Washington Hotel, Chicago, Ill.
Dear Mr. Wyrick:-
I saw and talked to Mr. Gumbinsky to-day. He seemed to be quite anxious about the oil proposition. Said that he would have Mr. Isaac to wire you as to what the proposition would mean, as to stock in the company, and that there would be acreage that would not be assigned to the company, which should make the proposition satisfactory. This I think might be made alright. However, it is entirely in your hands and you do as you see fit.
I have a letter to-day from Ringle, who says he is in a position to handle the proposition in San Saba [5628-2] and it would be just the kind that he would want. It might be very well if you could do so to stop at Wichita Falls and see him on your way back. You could send him a letter or wire, P.O. Box 632, Wichita Falls, telling him where to meet you, or if you think well of the idea, and let me know, I will write or wire him when to meet you and have him wire you where. We had a very nice session this afternoon, with Dr. Frisch and Dr. Bundersen, the City Health Officer. Apparently, they know how to get in the right track before they begin anything, which of course I would like for them to do.
I also had a note from McConnell [See [3777] series] enclosing me a clipping from the Dallas Morning News, confirming a report I made some years ago on Madison County, Arkansas. They have just brought in a big gaser there where I had told them they would.
Hope you had a pleasant trip and found things in good shape. With kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
R6. 7/30/24 EC’s ltr. to Mr. Wyrick:
Washington Hotel, Chicago, Ill.
Dear Mr. Wyrick:-
Dear Mr. Wyrick. Some few little questions and complications came up, so I’m leaving for Dayton this afternoon, or to night. There is a possibility, however, that I’ll be back in a week or ten days, maybe a little bit longer. The doctor says he is going on to arrange for the place, and will make arrangements so that we would have no trouble with any authorities. The City Health Officer [Dr. Herman N. Bundesen] was in to see me yesterday evening and will arrange for me to give a reading for the Mayor. He heard me give a reading on Mr. Gumbinsky yesterday afternoon and conditions checked with specific conditions that had suddenly arisen. This was quite satisfactory to Frisch and Gumbinsky. I talked quite a while with Gumbinsky at his home this morning relative to the oil proposition. He says that he will go on with the proposition, the amount of acreage not making so much difference but to get just as much as possible and under the the best terms possible, that he would go down there immediately. He asked me to go with him and would arrange to put all the material on the ground necessary for the completion of the well, and do it within just the time necessary to go over the abstract for the leases with an attorney and get things in shape. I believe they will go through with the proposition, but as I say you use your own discretion.
I am enclosing you copy of the reading that we got with the Doctors Saxmann present this morning [254-10 re. establishing EC work in Dixon, Ill.] Will send you a copy of the questions and answers as soon as we complete them, which I will do one day very soon.
Hoping this finds everything going well with you, and that you’ll let me hear from you whenever you have an opportunity, I am
Sincerely, Edgar Cayce EC:GD
[GD’s note: 8/26/60 Dr. Bundesen’s death notice appeared - See Par. R13 below.]
R7. 8/2/24 EC’s ltr. to Mr. Gumbinsky:
P.O. Box 463 Dayton, Ohio
Mr. Oscar Gumbinsky, 4755 Drexel Blvd., Chicago, Ill.
My dear Mr. Gumbinsky:-
How are you feeling today? I’m very much in hopes that you got that preparation fixed up and I’m sure if you did you have found a great deal of relief in same.
I found when I arrived home I had considerable work on hand. There were some to be done at home for the family, and I’m glad to say they are a great deal better. There were also a couple of gentlemen in to see me from Cincinnati within a few hours after I got to the house.
I’d like very much to thank you for your kindness and consideration shown me and I’m in hopes that our future associations will be just as pleasant as those were. I hope you will see that Dr. Frisch goes ahead with the proposition and has it in shape so that he can make some definite arrangements shortly, so that we can get to work. Please have him to call at the hotel for the two plates he brought to my room. I’m sorry indeed that we did not have the opportunity to carry out the experiment. Also what we did not have the change to take the reading for the other people whom we had spoken about. I would like very much for you to have Dr. Frisch prepare those questions for your brother-in-law, that we might have the check reading for you to send to him with the other one, and I certainly hope that you will let me know what he, himself, your brother-in-law, thinks of it all when he reads it.
Has Mr. Isaacs had any reply from Wyrick regarding the acreage? Expecting to hear from you real soon, hoping this finds you feeling yourself again, thanking you for your kindness and interest.
Sincerely, Edgar Cayce
R8. 8/9/24 EC’s ltr. to Mr. Gumbinsky:
I was certainly very much surprised when I received the letter from Mr. Isaccs telling me it had been necessary for you to have an operation. Am very much in hopes, however, that it has proven entirely satisfactory and that you are feeling almost yourself again.
Of course you have seen Dr. Frisch and I suppose you have had the opportunity to talk with him at length regarding the proposition of the Institute, and I’m in hopes that you will be able to either let me know what I may expect or have him to communicate with me regarding same.
I think as soon as you are able to get away you had better come down and spend the time with me. We can either go over the proposition in Texas, go down and talk with the people themselves regarding same or you can go along with me for a few weeks and watch the results and the developments in some of the work that I am attempting to do. In either case, you will be able to get entirely away from the work and worries that you have had for so long and will be able in a little while to return to same with twice as much force and energy as you have ever given. I believe this will be the thing for you to do. Be sure and let me know how you are getting along, and you know that I am anxious to get some definite arrangements made about the work that I am trying to give myself to, for if I am to make a change I want to do so in time for me to make arrangements for the older body’s school work, and it is necessary that I make some for the younger one, as he should enter school this fall, and of course the school year is not long off. But I think the thing for you to do is to come and let us spend a few weeks together. I am sure it would be very satisfactory arrangement for us both.
I haven’t had the opportunity to take any more questions on the work, other than that I sent you from the hotel. Be sure and let me know what Dr. Frisch has to say and let me know how you are getting along yourself.
With kindest personal regards to you and your, I am
Sincerely, Edgar Cayce EC:GD
R9. 8/12/24 J. T. McConnell’s ltr. to EC:
THE FIRST NATIONAL BANK Capital
50,000.00 - Surplus10,000.00 MERIDIAN, TEXASC. W. Tidwell, President V. M. Sutphen, Active Vice-President J. T. McConnell, Cashier W. V. Odle, Assistant Cashier
Dr. Edgar Cayce Box 463 Dayton, Ohio
Dear Dr.
You letter of July 9th was received yesterday and was sure glad to hear from you: Sorry I did not have a chance to at least say “Hello” to Mr. Wyrick - while he was down here. Enclosed herewith is CLIPPING from PAPER.
I dreamed of you last night. Don’t understand why things are so we can’t be together none. Sorry to learn of Lammers misfortune (all mind) am afraid - If Wyrick promised you he would see me he should have done it, “but” didn’t. I feel sure you can handle the situation. I will do the best I can if possible to be protected in some way would appreciate it but have no money to invest I feel that my going or getting the leases in San Saba again should have been appreciated and consideration shown in interest on acreage for our company.
I hope they send you to Texas soon I want to see you, couldn’t write it all in a week.
Write me again soon
Love MC
[Article: The Telegram Oil Company is making arrangements to spud in another well on their location near Morgan. This Company had bad luck with their previous drillings and it is to be hoped that success will crown their efforts in bringing a real oil well in their next venture.]
R10. 8/9/24 Mr. Wyrick’s ltr. to EC:
THE WESTERN UNION TELEGRAPH COMPANY Incorporated
INTER-DEPARTMENT COMMUNICATION
Mr. Edgar Cayce, 322 Grafton Ave., Dayton, Ohio
My dear Cayce:
When do you expect to return to Chicago?
Isaacs wired me at Morgan that he and Gumbinsky had agreed that they would give you and I jointly a one-eighth interest in their Petroleum Company. I wired him that this proposition, as a whole, was not satisfactory; that we were considering the proposition for drilling on a 50-50 basis and a maximum of 15,00 acreage. We think that this is about all the acreage we can hope to get in the vicinity of the rocky pasture. [See 5628-2, San Saba County, Tex.]
We have the Kopperl proposition [See 5628-1 in San Saba Co.] in pretty good shape and expect to drill the well to completion within the next three to four months. We will then drill the rocky unless they are agreeable to take interest with us on our terms. [5628-2 in San Saba Co.]
Hope everything is moving along to your satisfaction and that we will soon see you back in Chicago.
Very truly yours, [signed] M B Wyrick
MBW-A
[GD’s note: Clipping he enclosed re. Gumbinsky firm.]
[THE DAILY NEWS, Chicago 8/5/24 [See also subsequent clipping under 4905-3, Par. R2.]
FACTS FOR INVESTORS,
(Information tendered here is drawn from sources believed to be reliable, but beyond the exercise of all due care to insure accuracy no responsibility is assumed by The Daily News.)
DANIEL BOONE WOOLEN MILLS
Investment Editor: Will you please tell me whether you consider Daniel Boone Woolen Mills as an investment stock? How are its earnings? Does the company owe much? H. J. J.
Net income of the Daniel Boone Woolen Mills, Inc., for 1923 was equal to
2.49 a share on the number of shares outstand- ing on Dec. 31. The income account, however, shows no charge for depreciation. The company has developed in recent years as an open-shop concern in an industry which as a whole is committed to the closed shop. Whether it will be able to maintain this open-shop basis is a question for the future. While the current asset position of the company Dec. 31, 1923, appeared sound, current assets being more than six times current liabilities, the wide fluctuations to which the stock has been subject, together with other factors, prevent it from being considered worthy of an investment rating. The low price of the stock throws some doubt on the stability of the present3 annual dividend rate, although undoubtedly a cheap figure if the dividend rate is to be continued. The stock is classed as a speculation.RAPID TRANSIT ADJUSTMENT BONDS.
Investment Editor: I am quite clear as to the relation between the prior preferred stock of the Chicago Rapid Transit company and the company’s adjustment debentures. which comes first in its claim on earnings and assets? H. W. P.
The dividend on the prior preferred stock has preference over the interest on the adjustment debentures. The latter, however, mature in 1963 and carry cumulative interest at the rate of 4 per cent over the thirty-nine-year period. During the full thirty-nine year period the dividends on the prior preferred would come ahead of interest on the debentures, but at the end of that time the obligation of payment, or possibly the refunding of the $18,563,000 adjustment debenture bonds, together with an unpaid 4 per cent cumulative interest, would come ahead of the equity of the prior preferred stock.
R11. 8/12/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 463, Dayton, Ohio Dear Mr. Wyrick:
Certainly glad to have yours of the 9th and glad to know that things are moving along nicely with the Kopperl proposition. I’m very much in hopes that you will have no delay in the completion of this well and I feel sure that when this is done there will be no questions about your financing any other proposition you would desire. [See 5628-1.]
As I wrote you before leaving Chicago, I had talked to Gumbinsky quite freely regarding the oil proposition. As he stated the proposition to me, I though that it would be a very good one; that is, we were to have one-eighth of the production from all producing wells that they drilled, as well as the one-eighth in all acreage that might be sold, or in operations of the company, as well as five hundred acres off-setting the one hundred and sixity acre block. Isaacs of course did not talk to me on the subject. He read me what was supposed to be the wire he was sending you the day I left Chicago. I have had a letter from Isaacs telling me that Gumbinsky was in the hospital, for a minor operation. Said he had had a wire from you and that he had wired you in return that he would take the proposition up with you when you returned to Chicago, where you might be able to talk the matter over intelligently. I also had a letter from the landowner in San Saba. They seem to be very much perturbed about conditions there and want to get some operations started, as of course we might expect. Mr. McConnell seemed also disappointed that he did not see you while you were in Texas. I’m sure you will know what is the best way to handle this, however. [See [3777] series and 5628-2.]
I do not know just when I will get back to Chicago. It depends of course on developments. Have had quite a nice letter from Dr. Robert. You perhaps have seen the reading [254-10] as was given on what might be expected from their connection with the Institute. As to whether Gumbinsky and his doctor expect to do anything or not I’m sure we’ll have to wait until Gumbinsky is well, and he has had time to think the matter over, for some time. Might be very well if you have an opportunity to see him and talk the matter over with him when you see them regarding the oil proposition, and I’m sure you can come to a correct conclusion as to whether there may be anything expected. His conversation, however, with me was certainly all that anyone could ask. It might be that it would be the proper thing to do, as Mr. Taylor and several of the other gentlemen around the office suggested, for me to come to Chicago and establish, irrespective of any of these. This of course I might consider. However, it would necessitate the expenditure of more capital than I can arrange for right at the present time. So, it would necessitate someone’s elses interesting themselves sufficiently in it to see that this could be supplied in some way and give me an opportunity to work it out in that field.
Perhaps this can be done but I don’t know just who to approach. Perhaps Dr. Robert and Dr. Harriet could help out on this. Should you see them I’ll be glad if you will just state the situation fair and square and see what they think.
I thank you also for the clippings that was enclosed. I have, however, a pretty good insight into the workings of this company. I would not be surprised if I could positively state that I know as much or more about it than most of the officials of company, for there are two factors in the concern, and until they reach some feasible plan of working this is certainly a very speculative stock and company to have any dealings with.
I haven’t been busy since I cam home, though there were several in the family that we have been able to get started on the right road to getting correctly adjusted again. In fact that was one of the main reasons for coming just when I did.
Haven’t heard anything from George since I came back. Our friend here has been having some pretty hard lines. Practically everything has been taken away from him, even the furnishings of his home. I haven’t seen him to talk with him but I gather this from what Shroyer has to say.
I’ll be very glad to hear from you whenever you have the time and opportunity, and will be glad if there are any suggestions you have to offer you let me know.
With kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
R12. 8/12/24 Mr. Gumbinsky’s ltr. to EC:
GUMBINSKY BROS. CO. WHOLESALE WASTE MATERIALS UNION & LUMBER STREETS
CHICAGO
Mr. Edgar Cayce P.O. Box 463, Dayton, Ohio
Dear Mr. Cayce:
I have your kind favor of the 9th inst., and you may be sure I was very glad to hear from you.
I had Dr. Frisch over to my house last night and had quite a talk with him. He told me he had in prospect an old residence on a good street with about twelve rooms, and if he can make the right deal on same, he is favorably inclined toward you proposition. I spoke very encouragingly to him on my views and he is himself favorably inclined. I will keep in touch with this and let you know.
I have not had the inclination to ask [41]‘s father for the money for his reading, but I am enclosing a check to your order for $15.00, and I will mention to him one of these days and tell him that I laid the money out for his account.
I certainly would be glad of the opportunity to get away and make a trip with you to Texas, but I am waiting until I am advised by Mr. Wyrick or Mr. Isaacs, what the final result has been. Mr. Wyrick sent a telegram to Mr. Isaacs on a totally different basis than what I had supposed was agreeable to you and would seem to me to be a fair and equitable arrangement.
I am not an expert in the oil business, knowing very little about it, except in a smattery sort of way, by reason of having put money into two or three oil deals that were disappointing, but I started out in this one with considerable enthusiasm and believe there would be no trouble in cleaning up the whole affair, if it were not for what seems to be a changed attitude on Mr. Wyrick’s part.
However, maybe when when you and Mr. Wyrick correspond together, everything will be alright as originally arranged, and on that I am awaiting advice from you.
I will have occasion to see Dr. Frisch again in a day or two and will let you hear further on that matter.
I am pleased to correspond with you and hope I will hear from you very soon again.
With all good wishes and kindest personal regards to Miss Davis and your good self, I remain
Faithfully yours, [signed] O Gumbinsky
OG/S
R13. 8/14/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 463, Dayton, Ohio
My dear Mr. Wyrick:-
We had a reading yesterday, [See 254-11] with some questions asked on the work, which I think will be rather interesting to you, as the question was asked as you suggested sometime ago. When you have the opportunity I’d be very glad to hear from you and what you think of these.
I’m in hopes that you have been able to get in touch with Gumbinsky and Isaacs, for from a letter from each of them they seem to be rather anxious. [See Par. R12, above.]
Trusting this finds everything going well with you, and with kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
[Article: [GD’s note: 7/30/24 See EC’s letter, Par. R6 above.]
Ledger-Dispatch and Star,
Fri., Aug. 26, 1960
Photo
DIES - Dr. Herman N. Bundensen, 78, president of the Chicago board of health for many years, has died. Bundesen, who started his career in the Chicago health department in 1922, died of cancer in Wesley Memorial. (AP Wirephote.)]
R14. 8/14/24 EC’s ltr. to Mr. Gumbinsky:
P.O. Box 463, Dayton, Ohio
Mr. Oscar Gumbinsky, 4755 Drexel Blvd., Chicago, Ill.
My dear Mr. Gumbinsky:-
I have yours of the 12th and certainly glad to hear from you and to know that you are feeling alright, though you didn’t mention that you had to have the operation, as Mr. Isaacs mentioned.
Thank you very much for your interest and you talking to Dr. Frisch regarding our proposition. I’m in hopes that you will not find it too troublesome to keep close after this until we can come to some definite understanding and view the conditions from every standpoint, and if it is the feasible and plausible thing to do that you will help me get these arrangements all made, for as you see from a reading I had yesterday on the work, as to how the classification are regarding yourself in respect the work. Be sure and let me know just what you think of this, and if you are interested sufficiently be glad if you would talk to some of these other people that are named in this and see if we can’t get all ends of it working to-gether. I believe there is strength in co-operation. You may know from this my personal feelings and attitude but I do not want to become a burden to anyone who is not of themselves interested in my proposition.
As to the check that you were to enclose for [[41]‘s father] by some chance this was left out. Am sure it was just an oversight. I will appreciate it, though, very much, as I have not been busy since I’ve been back in Dayton. I am very much in need of any assistance I may be able to get from any that I’ve tried to help out.
I had a letter from Mr. Isaacs a day or two ago and have written him this morning that I understand Mr. Wyrick is in Chicago at the present time, and I’m very desirous that he get in touch with him and see if we can’t get these arrangements made satisfactorily to each one. I feel sure he can if he gets in touch with him. I’ve already written Mr. Wyrick and I’m in hopes that before this there has been some definite plan made and that we can soon go over the whole proposition, for I would like very much to go over the whole condition with you and to have you know the people that you would have dealings with there, for I feel very sure that you would make a success out of the operations in such a way that I would not be in need of finances to carry on the work, which I am so anxious to give my whole entire time to. I believe I’ve been of help to people and it is my heart and soul’s desire to be in a better position to serve humanity, and it is my only reason for having anything to do with things of that character. So, I’m in hopes that you get in touch with Mr. Wyrick and get this thing started. But if we do not go down there, I wish you would find the time to come and spend a while with me in this other work. You would have a change of scenes, change of though and a rest that would really make you better fitted to meet the conditions in your own work, for you know you need to get away from all the worries that you’ve had in the last fifteen or eighteen months.
Thanking you for your letter, and for you interest and for talking over these matters with Dr. Frisch for me, with kindest personal regards from myself, my family, and Miss Davis, hoping to hear from you again real soon, I am
Sincerely yours, Edgar Cayce EC:GD
R15. 8/16/24 Mr. Gumbinsky’s ltr. to EC:
GUMBINSKY BROS. CO. WHOLESALE WASTE MATERIALS UNION & LUMBER STREETS CHICAGO
Mr. Edgar Cayce, P.O. Box 463 Dayton, Ohio
Dear Mr. Cayce:
Enclosed please find check for $15.00 [for [41]] which was not enclosed in previous letter.
I will write you on the other matters in a few days.
With all good wishes, I remain
Very truly yours, [signed] O Gumbinsky
OG/S Enc
R16. 8/25/24 EC’s ltr. to Mr. Gumbinsky:
P.O. Box 463 Dayton, Ohio
Mr. Oscar Gumbinsky, 4755 Drexel Blvd., Chicago, Ill.
Dear Mr. Gumbinsky:-
I had yours of the 16th, with the check for [41]‘s reading, for which I thank you very much. I have been hoping and expecting to hear from you every day since. In fact, I have put off some other work trusting that conditions would be such that we would either get the operations started in Texas, or conditions set for the hospital work in Chicago. In fact I have waited so long that conditions are embarrassing. Of course, I know there are other fields that I may go and receive sufficient for the daily needs, but waiting so long they have grown to where I’m not able to make these attempts just under the present conditions.
While talking to you regarding my circumstances and affairs, you told me that if it was necessary for me not to hesitate to write you and tell you how I was situated. Now, I do not want to become a hanger-on, but if it is possible, and convenient for you to do so, I would certainly appreciate it if you could advance me sufficient to meet the needs at the present time, and to start some work in a nearby field that I am sure will be sufficiently remunerative to meet the needs until we can get some satisfactory arrangements regarding our future plans. A hundred to a hundred and fifty should be sufficient to do this, and I would certainly thank you to let me know by return mail if you can do it. Otherwise, I must make some other arrangement and do so at once.
I’m certainly very much in hopes that you are feeling yourself again. Surely I think you should take a rest. I believe it would have been good for you to have done as I suggested. I wrote Mr. Isaacs to-day regarding the proposition with Mr. Wyrick. I’m also writing Mr. Wyrick about same.
Hoping this finds you feeling good, and that you’ve had an opportunity to talk with Dr. Frisch, and some of the others regarding our project, with kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
R17. 8/25/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 463, Dayton, Ohio
My dear Mr. Wyrick:-
Haven’t heard from you for some time. In fact do no know whether you have returned from you last trip to Texas or not. If you have, I’m in hopes that you were very successful in getting operations started in fine shape on your well on your place.
The man from Wichita Falls, Mr. Ringle, was to see me a couple of days last week. He was quite anxious to get in touch with you but I gathered from his conversation that they are hardly financially able just yet to undertake the handling of the proposition in San Saba. However, I had a letter to-day from Mr. Isaacs. I presume you know the address: M. A. Isaacs, 1717 Diversey Parkway, Chicago, Ill. He still seems to be very anxious to get in touch with you regarding the proposition. Whether he is in a position or desires to make different terms or not I do not know, but I’m in hopes that the first opportunity you have that you will communicate with him again and let him know the status of conditions.
Things are not very brilliant for me just at the present time. I’ve been waiting so long on some developments either from the group in Chicago, or from the one in Norfolk, that it has gotten to be kind of flat again. I’ll have to make some kind of a move and that very soon.
Please let me hear from you at the very first opportunity and let me know what’s going on and how things are progressing with you.
With kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
R18. 8/25/24 Mr. Wyrick’s ltr. to EC:
THE WESTERN UNION TELEGRAPH COMPANY Incorporated PLANT DEPARTMENT
CHICAGO
My Dear Cayce:-
Hope you will pardon me for the delay in answering your last letter [of 8/14/24. Both their letters of 8/25/24 crossed in the mails. GD.] I have made another trip to Texas and just returned.
Have the drilling contract for the Kopperl well in good shape and the drill will start about September 1st. It is expected that we will drill three thousand feet in 30 days. If we do this, we may expect the well in near the 15th or 20th of October.
In that event we will be able to take up the San Saba proposition immediately after this well is brought in. I am getting a line on the tools and casing and an outfit in sight at a very reasonable price located not very far from San Saba. You may write the people there and tell them to bear with us a little longer and we will be down to drill their well to big production.
I have not heard from our Jew friends since they wired me at Morgan. Their proposition to me was nothing like the way they talked to you. I feel now that we will be able to go ahead on our own account and if we can do that it will mean much more for you and the Institute.
Regarding the meeting you wish with other parties and myself in Dayton, I think I can arrange that now to suit you convenience, so kindly advise.
I was talking to [4151] this afternoon. He told me you gave him a reading recently for some friend of the family and you stated in the reading that it was his sister [4998]. This was not the case however, and he feels that the reading was all wrong. I will talk to him again tomorrow and advise you the facts. Hope you are getting on nicely and that you and the family are well.
Sincerely yours, [signed] M B Wyrick
R19. 8/26/24 Mr. Gumbinsky’s ltr. to EC:
GUMBINSKY BROS. CO. WHOLESALE WASTE MATERIALS UNION & LUMBER STREETS
CHICAGO
Mr. Edgar Cayce, P.O. 463, Dayton, Ohio
Dear Mr. Cayce:-
I have your kind favor of the 14 inst. and I had quite a talk with Dr. Frisch, but he is at the present time, somewhat out of the picture, as a bulletin has been issued by the American Medical Assn., warning physicians, that if they write up that type of prescription, they are liable to expulsion from the Association.
He is very nervous about it, and has not yet told me whether he will continue to give Mr. Ciral prescriptions as recommended by you. I will go further into this matter with him, at the next opportunity, and write you about it.
Mr. Isaacs told me he heard from you, and what you advised him to get in touch with Mr. Wyrick, and asked me what he should do about it. I instructed him to get in touch with Mr. Wyrick, as per your suggestion, and he has just advised me this morning, that he called him three times yesterday, but was not able to get him.
With all good wishes to Miss Davis and yourself, I remain
Faithfully yours, [signed] O. Gumninsky
OG:IS.
R20. 8/30/24 EC’s ltr. to Mr. Gumbinsky:
P.O. Box 463, Dayton, Ohio
Mr. Oscar Gumbinsky, 4755 Drexel Blvd., Chicago, Ill.
Dear Mr. Gumbinsky:-
I have yours of the 26th, in reply to the letter of the 14th and note what you have to say relative to Dr. Frisch and the attitude the American Medical would be apt to take toward a member who would sanction a thing of this nature or character. I have been quite aware of the position that these might take, but I believe, and am told by many leading members of the American Medical, that was this conducted along the lines of Research Work there could not ever be one word said by anyone. Now, I may be in error but this is what I have been told by many prominent members of this association. Now, by Research, I mean in this manner and way: The Institute established for the conducting of the work along scientific lines and a ready report always at hand for any individual who might wish to know under what circumstances the whole of the work was being conducted. However, I am sure you recognize the fact that I do not wish to persuade anyone to go into any work of the kind, or nature, unless they can do it whole heartedly. It was my opinion that the way this should be conducted was to have a house physician, who would make all of these reports to Dr. Frisch, or whomever was in charge, and through him any and all reports would be made to any society, or association, who wish to know any of the workings of the Institute, and all conducted along the lines of a Research Work. Had I not felt that this was the manner this should be conducted, I would not have been waiting so long to have it conducted along those lines. There are many people of questionable reputation and position who would take hold of the work and GET THE MONEY but I do not believe, and have never felt, that that is the correct principle to be exercised with a Gift that is either Divine, or from that source, or it isn’t anything at all. So, when you have another conversation with him, you might feel him out along those lines and at least see what he has to say. In a letter from Mr. Cannon, whom I believe Dr. Frisch brought in, he tells me that he has some ideas that he wants to present to Dr. Frisch, or yourself, or both of you, as to how this should be conducted. I hope that you will hear him out, and if you are interested alright; if not, I do not want to be a hanger-on or one trying to put forward something that is worth nothing at all. But we are actually getting results every day, and I know it must be worth something to humanity, and sometime, somewhere, the correct one will recognize the fact.
Am very much in hopes that Mr. Ciral can arrange to carry out his prescription, if he so desires. If he cannot get it, I am sure there are several places where he can have this prepared for himself, if he desires to carry out the suggestions given. To be sure, if he does not wish to do, on account of any condition that may have arisen in his mind through Dr. Frisch’s attitude, or others in his profession, why that is his affair and of course I do not wish to urge anyone to do something that they feel is not the right thing.
As to the situation with Mr. Isaacs and Mr. Wyrick, I from my end of the proposition am rather at a loss as to how to put paragraph in your letter and one in Mr. Wyrick’s letter, received and written the same day, and make them coincide.
He stated he had been in town some days, having just returned from Texas, and for some reason had not been able to get in touch with Mr. Isaacs. I was certainly very much in hopes that you all could get to-gether on this proposition, for I verily believe there is an opportunity there for some big money to be made by someone, and I’m in hopes that you have succeeded in getting in touch with him before this.
As to my last letter, and my request in same, I am in hopes you will take this in just the attitude that it was meant, but I presume if Dr. Frisch is not to have anything to do with the work you no doubt have lost a great deal of interest in same. However, I’m in hopes that I am not mistaken in what I feel is really your feelings in the matter. I shall certainly be very glad to hear from you in regards to any or all of these conditions just at your first opportunity.
Trusting that you are feeling entirely well, and that conditions are working better for you, with all good wishes, I am
Sincerely, Edgar Cayce EC:GD
R21. 8/30/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 463, Dayton, Ohio
My dear Mr. Wyrick:-
Have yours of the 25th, and as always was very glad to hear from you. I suppose that perhaps you may be on your way back to Texas, as possibly you want to be there when they start in on this new well, or is it that you want to be there when they end it? I’m in hopes we’ll all be there then. I’m certainly glad to know that you have everything in shape and drilling will start now right away. Should you be able to complete this by the fifteenth or twentieth, I would certainly understand why these dates have been given to several that are associated with you in greater or lesser way in these operations.
I’ve already written Mother Moore in San Saba and told her that if she would just have a little patience that I am sure that we would be able to get a well there for her, or at least started on it, before the year was up. I’ll write to her again real soon and see how that she is feeling. [See [5628] series.]
As regards our Jew friends, I cannot quite understand their attitude. In fact, I have a letter from them written the same day as yours was, in which they tell me they have called your office at least three times every day for the last three or four days, and were very anxious to get in touch with you, but I presume they’re like all the rest of them, picture wonderful things until they get what they want, and when they do that it is the end. I’m sure that is something of the way that you felt when they kept you waiting so long there that day anyway. As you say, their proposition, even was it successful, would never mean the same thing to the Institute as it would if it was carried out on the other lines. What did you think of the reading that was gotten regarding the work, the suggestions as made regards a manager and the like? [See 254-11.]
As to the meeting that was spoken of by the lady from Norfolk, I’ve had no further word from her. Consequently, I suppose same will be delayed for some time yet. I sure do wish that I could get something set along that line that would be satisfactory, for I have been waiting over since I cam back from Chicago, expecting to hear something definite from some source or another, until what little that I had gotten to-gether on that trip has been used up and more, for I haven’t been extra busy, though we have had some very interesting readings in the last few weeks.
As to the reading referred to by Mr. [4151], I think we were under the impression that this was for his sister [4998]. I wish that I could get each one that asks for the reading to realize that these points, as given in this letter, of which I am enclosing you a copy, are absolutely correct, for we have never had, in all of our experience, a deviation from this when these conditions existed. It is true there have been a few instances, where friends and not relatives have asked for readings, that they have gotten results, but the actual condition per se existed, but I will certainly be glad if you will take this matter up with him and let me know the facts regarding same. If it’s possible to get them straightened out I’d like very much to do so.
I do not remember whether you met Cannon while I was in Chicago or not. I think I mentioned to you anyway something about it. He is a man that is associated with the Yogi Publishing Company, and was talking to me something about printing the book. He did not see a copy of same, and was to have seen me again before I left Chicago, but I didn’t have that opportunity. I’ve had a letter from him since, and he apparently is very much interested in this phase of the phenomena and in publishing this book. So, if you have the opportunity, I wish you’d all him up, or have Mr. Labryn or Mr. Crews see him. He is at the Yogi Publication Society, 800 N. Clark Street, Telephone Superior 3662, and see what he has to say about same. In talking to him, he seemed to feel like that under the circumstances and conditions that his company might be able to take the book and publish same, do all of the advertising, for the sale of same, and at the same time give perhaps twice as much commission on the book as was ordinarily given. So, I think this would be worth looking into. [[3744] series: Psychic Phen. Thru the Subliminal.]
Hoping that you will let me hear from you every opportunity, and with kindest personal regards from all of us, I am
Yours sincerely, Edgar Cayce EC:GD
R22. 9/2/24 Mr. Wyrick’s letter: “A message from Martin Sunday morning stated that the well would be spudded in yesterday and drilling will continue and uninterrupted I hope, from that date.”
R23. 9/3/24 Mr. Gumbinsky’s ltr. to EC:
GUMBINSKY BROS. CO. WHOLESALE WASTE MATERIALS UNION & LUMBER STREETS
CHICAGO
Mr. Edgar Cayce, P.O. Box 463 Dayton, Ohio
Dear Mr. Cayce:-
I have your kind favor, and would have answered sooner, but it has slipped my mind from day to day. I am enclosing herewith, check for $100.00 which I hope will reach you in ample season and tide you over for the time being.
Mr. Isaacs is at the Daniel Boon Woolen Mills, Inc., right along, and he said he has called Mr. Wyrick several times, but has never been able to get him on the wire. He said he would try again this afternoon or tomorrow morning.
My intentions with regard to the Texas [[5628] series] proposition are bonafide, but I don’t want to trade with Mr. Wyrick or anybody else, on any Horse Jockey basis. I don’t like it, and it is contrary to my method of dealing. The more I have thought over Mr. Isaacs idea that you and Mr. Wyrick should get an eighth interest, which is practically the same as the people themselves who own the land, the more I realize that Mr. Isaac’s was quite fair. If the proposition pans out all right an eighth interest would be more than anybody could spend, and if it is not any good, it would not make the slightest difference, whether it was one eighth or seven eighths.
I have not had a change yet to see Dr. Frisch, but I will see him at the earliest possible moment, and let you know what he says.
R24. 9/5/24 EC’s ltr. to Mr. Gumbinsky:
New Southern Hotel Columbus, Ohio
Mr. Oscar Gumbinsky, 2261 S. Union Avenue, % Gumbinsky Brothers, Chicago, Ill.
My dear Mr. Gunbinsky:-
Yours of the 3rd was received here this morning. We came here the first of the week to finish up some work that was left when I came on to Chicago. Expect to be in Dayton and through Saturday and all the rest of the week. I certainly thank you for your kindness and consideration at this time, and its appreciated more than I know how to tell you. I’m very much in hopes that some day I’ll be better able to express to you my appreciation than I can right now.
We had a little time this morning, so I felt that we should get this reading [Personal reading with answers to questions re. his business affairs.] for you at once, and I’m in hopes that it will prove satisfactory. Notice there are several things that are not answered, but I’m sure it just needs better connection with same to get a direct reply.
I do not know just why Mr. Isaacs had not been able to get in touch with Mr. Wyrick. Letter from Mr. Wyrick this morning. I will see him sometime this next week, as he is coming to Dayton. If you all have not gotten in touch with him before that time, I’ll try and find just what is the status of the situation and will write you fully about same. I understand that he has gotten his own operations started and they expect to have a well within the next sixty days.
I’m in hopes that you’ll have the opportunity to talk with Dr. Frisch sometime in the very near future, and that we can come to some definite conclusions regarding the outcome of the proposition.
Will say this, that one of the persons referred to in New York I have had some correspondence with the Junior member of this firm, though do not know them personally. Whether this had anything to do with this notation given, I do not know. I have no idea of anything their abilities, or just what their business is. I believe it will be worth while though for you to investigate.
I am to have two or three business conferences next week and I’m in hopes that I can get some conditions regulated and some of the prospects definitely outlined to work out. Certainly hope that these things work out nicely for you and that you will let me hear from you every opportunity.
Again thanking you, with kindest personal regards from Miss Davis and myself, I am
Sincerely, Edgar Cayce EC:GD
R25. 9/5/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 463, Dayton, Ohio
My dear Mr. Wyrick:-
I have yours of the 2nd, which was forwarded me to Columbus, where I have been this week trying to scare up some business, but I haven’t been able to do very much. Certainly do thank you for your letter, and for the enclosure, which under the circumstances certainly comes in wonderfully handy. In fact I don’t know how I would have made it without this help just now.
Certainly am glad to know that things have started with the well in Kopperl [See 5628-1.] and I hope they’ll have no trouble now until this is completed. I still hear from Gumbinsky once in a while. He says Isaacs wants to get in touch with you, but I think it’s just as well to forget about this and we’ll go on and work it out as you have suggested.
I certainly do hope that you can arrange to come down to Dayton this next week. I had a long letter from Dr. Saxmann a few days ago, and I wrote him rather fully and told him I was in hopes that you would take with him and see if you all thought it was the right thing to do if you couldn’t arrange for me to get up to Chicago and start the work there. I’d like also to talk with you regarding the reading which I sent you a copy of [254-11] and there probably will be a couple of other men to see me sometime next week. If I can hear from them in time I will wire you, for I’d like for you to be here when they are, but don’t wait on them if you can come. You come whenever it suits you.
Regarding the book and Mr. Cannon, as soon as I return to Dayton, I’ll send you a copy of the data [[3744 series] so that you can have it to take the matter up with him. He talked very enthusiastically the day that I saw him, and wrote me quite a nice letter since then. I’m in hopes that you have been able to get in touch with him.
I’m right smartly on the anxious seat about getting things set as was outlined in the reading, but I hardly know which way to turn unless I can get some expression from some of my friends that were mentioned in the reading, for I’m such an awfully bad shape financially I wouldn’t know how to go out and make any offer to anyone to act in that capacity unless I could get a line on them some way. But, let me hear from you right away, and I certainly hope that it will be so that you can come to Dayton in the very near future. My phone number is Main 1472-J 322 Grafton Avenue residence.
Again thanking you for your kindness, and with kindest personal regards and best wishes, I am
Sincerely, Edgar Cayce EC:GD
R26. 9/6/24 Mr. Wryick’s letter: “Message from the well yesterday, they were setting a 15” casing at 175 ft.”
R27. 9/11/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 436 Dayton, Ohio
My dear Mr. Wyrick:-
I am sending you under separate cover [[3744] series] the manuscript of the book. We had to make another copy of same before we could send it out, as I had sent the copy that I left with you before to Mrs. Bethea [Mrs. Miriam W. Bethea of Birmingham, Ala.]. I do not know whether you have had an opportunity to talk the matter over with Mr. Cannon as yet or now. He seemed so very much interested when I was there, and wrote such an enthusiastic letter since, that I have been in hopes that when you do have the opportunity to go over the matter with him that it will really mean something.
No special news. Everything very quiet with us. In fact I haven’t been feeling very good myself for the last day or two.
Certainly be very glad to hear from you every opportunity you have.
With kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
R28. 9/16/24 Mr. Wyrick’s ltr. to EC:
I have not commented on the reading [254-11] you sent out sometime ago regarding the Management of the institute affairs for the reason that I am anxiously working out the oil proposition in Texas, hoping for quick returns which, if the developments are had as expected, will be the means of relieving you situation more substantially than any other way I know of and again too, I do not feel like undertaking anything else that will require financial management until this oil matter develops.
Mr. LaBryn called on Mr. Cannon of the Yogi Publishing Company and I am enclosing his comments on the interview, but it would seem that the investment necessary to put the book [[3744] series] on the market in small quantities would be more than you could justify at this time. I think that in order to be successful with the Books you must expect to carry on a Campaign of about three years duration.
I will be glad to hear from you again and you may write me in strictest confidence on any subject that you may wish me to consider with you and I will arrange to see you just as soon as I can leave for a day or two.
Best wishes.
Sincerely, [signed] M B Wyrick
MBW-A
P.S. Report from Koppearl 13 [See 5628-1] open today finished setting 12 1/2” casing at 595 feet now ready to go - this shuts out the second water will probably have to set 10” 900 or 1000 feet. Martin says they make 10 feet per hour when drilling. MBW
R29. 9/20/24 EC’s ltr. to Mr. Wyrick:
Am glad to say that I am feeling almost myself again. I was pretty well knocked out for about ten days and the better part of the time had a reoccurance of my old trouble, unable to talk, so I’m going to have to try to make up now for lost time. Finally got it back when I was able to put myself in the condition and tell them what to do.
It seems there is a great deal of difference in the way that Mr. Cannon talked to Mr. LaBryn [See Mr. LaBryn’s Report, Par. R30, below.] that the impression he left with me when I was talking to him in person. However, I guess, when the proper time and conditions are right that we’ll get this attended to in the right sort of way. I hope so at least.
I had been rather anxious to hear your opinion regarding the reading of which I sent you a copy sometime ago, but you have been so exceedingly kind and generous all along that I felt loathe to say anything until you felt like bringing up the matter yourself. I would have certainly liked to have talked the matter over with you and see what you felt was the best thing for me to do under the circumstances. Seemingly, just at this time, there is quite a bit of interest with several parties concerning the exploration of the work. Perhaps none of them just in the way that I most desire, for I realize that those who have sufficient capital as yet are not interested sufficiently to give me the start necessary. In fact this is condition as the present time:
I have an offer from a Mr. Iams in Columbus, Ohio, who proposes to take the management but wants to act as the dictator as for what, and when, the readings shall be taken, not to exceed more than fifteen a week. His idea is to go from one place to another, interest groups of people, and to make such charges as we’re able to get for same, pay the expense then split the proceeds fifty-fifty. He to furnish the necessary give to six hundred dollars to start such work. That makes it necessary that I break up home and have a traveling experience for awhile.
The next is a young man, the son of the lady whose letter is in the little booklet, Jack Stone, Montgomery, Alabama. He is desirous of taking up the proposition in the same way and manner. However, there has not been any definite terms or things of that kind gone into. I’m expecting him here to morrow or next day to see me, when we will go into the matter rather more fully. I do not whether he has any capital at all or not. I suppose he has. However, in many ways, I know he is very well fitted for getting in touch with the proper groups to make a success of the work. Perhaps better than Mr. Iams would be but I’m sure hasn’t the financial backing that Iam’s is able to put out.
Then the two people in New York, Mr. Shank and Mr. Blumenthal. I have had several letters from Mr. Blumenthal, and he has called me on the phone two or three times. I’ve never met him personally, so cannot say what kind of a man that he is. He insists that I come there to spend a few days with him and talk over the proposition fully. Mr. Shank I know very well. He is a man that was in the Consulate service for twenty-five or thirty years. He’s a nephew of Mayor Shank of Indianapolis. In the real estate business at present at Brooklyn, man of considerable ability, very wide experience and has been a student of such phases of religious phenomena as border much on this work. A man who invested a couple of thousand dollars in the oil company that I’ve tried to put over. Mr. Blumenthal is a member of a Wm. E. Lauer & Company, who are members of the Stock Exchange. I understand a man of considerable means and affluence. Just what their proposition would be I do not know. Mr. Blumenthal proposes to pay all my expenses if I will come up and talk to him. I am sure that either or both of these would want someone else to handle the work, unless they insisted on my locating in New York, in which case I am sure Mr. Shank would want to do that.
Now, any or all of these, I feel sure desire to tie me up more or less to work with them and under their supervision, and I did not want to do that until I knew just what the possibilities were of working with the people in Chicago, for somehow I feel like that the Doctors Saxmann are the logical people to work the thing out. I’ve written Dr. Saxmann just my position and condition. As yet I havn’t heard anything from him.
Now I wanted you fatherly advise regarding all of these propositions, and I just didn’t know what to say or do other than ask you to come and talk ‘em over with me, for I know that I must do something and that right away. Can’t afford to sit still, let all of these pass, and which one to accept I don’t know. So you let me know what you think about all of this.
I’m certainly glad to know they are getting along alright at the well, and I’m in hopes they are able to keep up the good work and can complete this on time with the success that I think we are all justifiable in believing we will have.
R30. 9/16/24 Memo for Mr. Wyrick:
MEMORANDUM FOR MR. M. B. WYRICK:
I called upon Mr. Cannon of the Yogi Publishing Company in response to Mr. Cayce’s request regarding the publication of his book. [[3744] series.]
Mr. Cannon stated that they were tied up with a number of other contracts and could not take upon themselves to finance the printing and binding of the book. However, he stated that they would be willing to pay for the advertising of same.
It would cost in the neighberhood of $400.00 to print and bind about 1000 books. This amount will have to be raised by Mr. Cayce in order to put the book on the market.
He was very much interested in Mr. Cayce and his work and would be glad to help him out all that he possibly could to further the work of Mr. Cayce, believing he is honest in his effort to help out humanity. He further stated that the sale of books at this time is very limited and that it would take a couple of years to advertise same before any great demand would be made for same. There are some of his jobbers that receive from 45 to 55 off of list price on books purchased from the Yogi Publishing Company so that there would be but a small margin of profit in the books when sold thru them. However, he has a mailing list of about 8000 people to whom he mails advertising matter who would make up some of the profit lost thru the sale of same to jobbers.
I do not believe that Mr. Cayce would be wise to spend $400. to publish this book at this time for the reason that in order to make up the money spent, it would take the sale of 1600 books to return to him the original investment, and this is figured on a profit of about 25 cent on each book.
[signed] Geo LaBryn
Chicago, Sept. 16, 1924 GLaB-A
R31. 9/22/24 Mr. Wyrick’s letter to EC:
Chicago, Illinois
Mr. Edgar Cayce, Box 463 Dayton, Ohio
Friend Cayce:
Your letter of the 20th.
You again ask my opinion regarding the different propositions that you have for promoting the work. I am going to say to you frankly that I think you made a mistake in leaving Chicago and that if you can return and get established on the same footing, or nearly so, as you were going, it will be best for you financially and will be in accord with the instructions you have had from the sub-conscious for you will be able to present the work to the people individually, in classes and in mass in one locality and save the expense of travel, in dividing your earnings with some one else and at the same time retaining your independence so far as contracting yourself to the dictation of others is concerned.
There is a great field here for the work and more people than you will be able to reach for a long time and you will have the good influence of people like Sachsman [Saxmann], Gobinsky [Gumbinsky] and others for whom you have rendered valuable service.
Regarding your personal affairs. It does not seem that it will be necessary to take your children out of school and move your family immediately. You could come and get the work going and bring them on later. Now this is my candid opinion and I don’t feel that you can better yourself by going to New York or traveling over the country.
Dr. Sachsman is planning a loop office and tells me he expects to have room for you.
Our well was at a depth of 840 feet Saturday Afternoon when Martin wired me that it was practically a young river flowing from it. They expected to pass this water strata Sunday and set the 10” casing today. After that they should make good progress as we do not anticipate any more water.
I will keep you advised regarding the well and should it prove a success, you need not worry about your financial condition.
R32. 9/29/24 EC’s ltr. to Mr. Wyrick:
P.O. Box 463 Dayton, Ohio
Mr. M. B. Wyrick, Room 308, 427 S. LaSalle St., Chicago, Ill.
My dear Mr. Wyrick:-
I have yours of the 22nd, for which I thank you very much. I do not think that you are far wrong on your surmise as to how, and in what manner, that the work should be carried on, and I believe that Chicago is one of the places, or THE place, as indicated that the work should start. However, as I said to you once before, I did not want to push myself on the mercies and good graces of anyone unless they were perfectly willing to help me do what I was trying to. The plan as you suggest, as to my coming there and starting much on the order as we were a couple of months ago, might be the very thing. However, just at present, I am not in the position to do that. I’m in hopes, however, that as soon as conditions are a little bit improved, and Dr. Harriet is entirely well, so that Dr. Robert will have more opportunity to study the things over, that we might be able to make some arrangements for the young lady when I came up, why I hope we can do this. I am very much of the opinion, if I’m going to do it, I’ll have to do it this next month. Otherwise, I’m afraid the Sun, Moon and Stars will be in the wrong place.
Could I but get all of these that are interested in the work to-gether, with one definite idea and purpose, why I believe it would be the thing to do. I realize many people, many minds, and especially so on such a proposition as this. I’m in hopes, however, that you do not lose patience with me, for the truth is I have just been, and am, under such a continual STRAIN all of the time that I sometimes I almost feel like giving up everything in despair.
I’m sorry that I haven’t been able to get any more information regarding the conditions there, but I will as soon as I possibly can, IF I can get it [See 953-10 given on 9/10/24.]. I have been quite busy for the last week. Of course that’s an accumulation of the ten days I was unable to work. I perhaps may have the opportunity to get something this week.
I am very much in hopes that they are coming along nicely with the operations on the well. I trust they had no difficulty in shoving off the water with the ten inch casing.
Trusting you will let me hear from you whenever possible, with kindest personal regards, I am
Sincerely, Edgar Cayce EC:GD
R33. 9/30/24 Mr. Wyrick’s ltr. to EC:
Chicago, Illinois
Mr. Edgar Cayce, Box 463, Dayton, O.
My dear Cayce:
I have your letter of the 29th. Very glad to hear from you. Glad to know that you are having plenty of work. Hope that it may keep up and I assure you that I and all of your friends will be glad to see you come to Chicago. We will do the best we can to get you going.
I have not had an opportunity to go to Texas yet. They have had considerable trouble with the water in casing it off, but understand that they have about accomplished a dry hole by setting 10” casing.
For some reason I am getting a little concerned about the ultimate outcome of the well. I suppose because it has not progressed as fast as the contractors expected it would and I would like you to give me another reading to find out for me the true conditions under which we are drilling; as to formation and management; if it is being handled as it should be; the depth at present; kind of formation they are drilling in and what may be expected in formation and production in the next 2500 feet and about how long it will take us to drill into production. Also if there is any changes in the management, location, equipment or anything else that should be made to insure success.
I saw Dr. Sachman last evening. He was very much pleased with the letter received from you; also advised Mrs. Sachman is improving.
With kindest personal regards, I am,
Sincerely, [signed] M B Wyrick MBW-A
R34. 10/4/24 See 4905-3.
Background
Background
B1. See 4905-1 with Reports correspondence, especially Par. R4.
Generated research index
Index (LLM-extracted)
Summary
This reading provides a location for an oil well on M.B. Wyrick’s land in Bosque County, Texas, and names potential investors in St. Louis, Kansas City, Chicago, and New York, followed by extensive correspondence regarding the business dealings and financial struggles of Edgar Cayce and his associates.
People: M. B. Wyrick, George S. Klingensmith, Hugh Lynn Cayce, Mr. Gumbinsky, Mr. Isaacs, Mr. Ringle, Mr. Cannon, Mr. LaBryn, Dr. Frisch, Dr. Bundesen, Mr. McConnell, Mr. Shank, Morton Blumenthal, Dr. Saxmann, Dr. Harriet, Mr. Iams, Jack Stone, Mr. Ciral, Mr. Crews, Mr. Martin, Mr. Wyrick
Places: Texas, St. Louis, Kansas City, Chicago, New York City, Dayton Ohio, Wichita Falls, San Saba, Kopperl, Morgan, Alabama, Nashville, Dixon, Illinois, Ohio, Norfolk, Montgomery, Brooklyn, Madison County, Arkansas
Concepts: oil exploration, psychic reading, fundraising, business venture, well drilling
Referenced readings: 4905-1, 4905-3, 5628-1, 5628-2, 254-10, 254-11, 3777, 3744, 953-10, 4998, 4151, 41
Mentioned Entities
Chicago, Dayton Ohio, Ohio, Texas, Well Shaft (Pyramid), New York City, Alabama, Daniel, Morton Blumenthal, Og (Land), Arthur Lammers, Gladys Davis, Photography (Atlantean), Gertrude Cayce, Hugh Lynn Cayce, Phillips Hotel (Dayton), Purpose, Soul
Source: The Complete Edgar Cayce Readings, A.R.E. CD-ROM (2006). Reading 4905-2, ReadingID 12927.