WCP1295

[1]

9, St. Mark’s Crescent N. W.

May 12th.

<1869 1894>¹

Dear Fanny²

I have just received the accounts &c. Completed from Mr. Spence.³ The enclosed copy is for you. The balance due to you now is £282.10.6, — but the £.5, for clothes is charged to us all.

Now as John⁴ has nothing of my mother’s,⁵ & I have a few articles of furniture this £.5 should go to him. I propose therefore that I shall pay him £287.11.6 and that you & I take each £280.

Let me know if you think this fair & agree to it.

[2] If you have decided what to pay to John on account of the Albany Street houses, — shall I remit it to ^with the then money? If so let me know what it is and I will send you the balance of the £282. or perhaps it will be better for me to send you the whole & you send me a separate checque for the amount you want to send to John.

If you have decided to [3] invest what balance you have, now is a good time, as owing to Bank having just raised its rates of discount all stocks have fallen.

I should strongly recommend the Atlantic & St Lawrence R^y <Railway> Stock, —which is leased to the Grand Trunk of Canada and is a first charge on that line. It is 4 p. cent & can be bought now I think at 56 — paying more than 7 per. cent with almost absolute security. But the great advantage of it is, that in 3 years the percentage will be ^{raised to} 6, by Act of Parliament which I have seen, and the [4] Stock will certainly then be worth 80 or 90 instead of 56 or 60.

Let me hear from you by return as I should like to send the money to John as soon as possible.

I remain | your affectionate Brother | Alfred R. Wallace [signature]