TLS signed “Dick,” one page, 7.25 x 10.5, personal letterhead, July 17, 1961. Letter to financier Jack Dreyfus, Jr., in full: "I am enclosing my check for $40,000 to Dreyfus and Co. for the purpose of opening my first brokerage account. In accordance with our discussions, I would like you to apply whatever portion of this amount is required to purchase a four year call on 1000 shares of Poloroid [sic] stock. Whatever balance remains in the account after this disbursement, I would like to invest in stocks you and your associates would recommend. As I have previously indicated, my tax and financial position is such that my investment portfolio should emphasize stocks which provide capital gain opportunities rather than dividend income. Incidentally, as I have indicated in our discussions, I have no knowledge whatever of the mechanics of the stock market since my capital position has been such in public life that I have not been able to make any investments in stocks. I know there are risks involved in investing in stocks but my capital position this year is such that I can afford to take a substantial risk in the amount covered by the enclosed check." In fine condition. Accompanied by the original mailing envelope.
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