Sold For $2,064
*Includes Buyers Premium
ALS signed “Howard,” two pages, 7.75 x 9.75, no date but circa May 1937. Letter to Colonel Kuldell, the general manager of Hughes Tool Co. In part: “I understand the Brewery-radio situation thoroughly now, and will explain to Mr. Shurn why we are not interested. I am as glad as you are, no doubt, to find the $340,000 was not a loss. Shall appreciate hearing from you when you have completed your investigation of the various cost and profit ratios mentioned.” Impressively double-matted and framed with a portrait and plaque to an overall size of 35 x 20. In fine condition, with mild staining and punch holes to the top of the second page. R. C. Kuldell was a close friend of Hughes’s father and the head executive of Hughes Tool, but in 1938 was forced out of the company. Handwritten letters by Hughes are rare, this being one of just a handful we have ever offered. Oversized. Pre-certified PSA/DNA.
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