This Psychic Reading given by Edgar Cayce at the Washington Hotel, Room 1105, Chicago, Ill., this 18th day of July, 1924, in accordance with request made by self - Mr. [3818].

Present: Edgar Cayce; Gladys Davis, Conductor & Steno. Mr. [3818], and Mr. M. A. Issac.

TEXT

1. EC: Now we find that there is a difference already in conditions in the business associations, which he, [3818], has, and what conditions were when we had them here before. Some of these conditions are for the betterment. There are others, especially those who have been acting in a manner to reduce stocks, in which he, [3818], is interested, these, apparently have not been helped but hindered. However, we will find that on Tuesday next this condition will take material change, and for the betterment, financially, for [3818].
2. (Q) Should [3818] sell property located at 31st & California Avenue, Chicago, Ill., or any part of it?
   (A) Best that this be sold, for influences that the sale of property would bear on some other conditions, which he knows of.
3. (Q) Is anyone, unknown to [3818] planning to guide the destiny of the Boone Woolen Mills? Will this party or parties be successful?
   (A) As we have given, the destiny of the Boone Woolen Mills will be in the hands of [3818] in the final change that will come, as given, in the re-organization, which should be brought about, for there are conditions that will be easier met and liquidations of some of the conditions could be carried through easier and in a manner that would prove to the betterment for [3818]. As to those that are attempting to guide the destiny of the Boone Mills, we would have there are some that have considered same, unknown to [3818]. These, with the re-organization, in the hands of [3818], could be and would be over-ridden. Do that.
4. (Q) Will [3818] realize on Eddy Paper Company stock, and how long will it take?
   (A) That do not find. Don't get connection here.
5. (Q) Will there be any change in the [3818] banking connections, or their good will toward [3818]'s?
   (A) Should not be any change. There will not be change in good will, but rather an assistance. We will find this tested in the re-organization. Stick close to that.
6. (Q) Will A. G. Becker be able to carry out his plans in regard to [3818]?
   (A) He should be. There will be some hindrances. He should be. He WILL carry out the plans.
7. (Q) Shall [3818] take part in operating [3818] Brothers Company, or is present management satisfactory?
   (A) Take part, actively.
8. (Q) Should [3818] insist that F. C. Bristol Company liquidate?
   (A) Not just yet. A little bit later, yes.
9. (Q) Why is it best for [3818] not to sell Broadway Central Building?
   (A) For property values and locations at the present time are in the condition to be worth more in the near future. Would be at a sacrifice at present. It could be worth more held as it is at present.
10. (Q) How long a delay will there be in closing negotiations between Blake Brothers and Daniel Boone Woolen Mills?
    (A) We don't find negotiations being closed as at present set. With some changes there will be a close, but not as present set. This, we see, might be effective in September - 6th.
11. (Q) Is the position of Ben Block, or Block, Maloney & Company, favorable to an advance in Boone Stock. If not, why not?
    (A) Favorable.
12. (Q) What will be the reason for re-organization of the Daniel Boone Woolen Mills?
    (A) As we have given, for the betterment of the conditions for [3818], make that effective.
13. (Q) When is improvement coming in Boone Stock Market?
    (A) Very shortly, beginning in the early part of next week.
14. (Q) If [3818] builds a paper mill in Chicago, how many tons of paper per day will its capacity be?
    (A) This we have with an "if". In the building of paper mill as we have given, this would be good for the interests of [3818] and could be carried to be effective, for there are many conditions in the affairs that have been and that may come in the good for [3818].
15. (Q) When will International Lamp pay the notes at Greenebaum's Bank that are endorsed by [3818]?
    (A) These, we see, will be paid in part and a change made to the endorsement, and on the second call will be paid.
16. (Q) Where should [3818] buy site for paper mill and how large?
    (A) These are conditions that must be met with, and by the intent and purpose of the organization, and not governed from here. Those are conditions that may arise, and not at present here.

BACKGROUND

1. See 3818-2.

REPORTS

1. 7/19/24 See 3818-4, another business reading.

Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation