[D8905ADT], Letter from Philip Sidney Dyer to Thomas Alva Edison, June 6th, 1889

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Title

[D8905ADT], Letter from Philip Sidney Dyer to Thomas Alva Edison, June 6th, 1889

Editor's Notes

The factory property which I have been looking after lately, and of which I will send you plans &c. tomorrow, has been sold lately. The owner has now an offer of 90,000 francs ($18000.00 from parties who intend to use it at once for manufacturing. The present owner closes the bargain tomorrow. I am not sure of his sincerity, and would start with an offer of 15000 francs ($15,000). It would take from 5 to 10 thousand francs to transfer the property. The property is well worth OUR 100000 francs, and is just what you wired for "Toy Phono" work. I have cabled you to day the following '[Fine? factory property, sale, tomorrow, Bargain, twenty, thousand, dollars, fifteen thousand, square feet, ground, covered by, ten thousand, square feet floor space, our stony buildings, good condition, extra ground, immediate vacinity for larger factory about seventy cents square foot, plenty ground for sale fifty cents, Dyer' ###I hope you will receive this as sent and understand it, and expect also that you will answer something. I would not have sent this cable, relative to Antwerp property if I had not made up my mind that this is the best place for you to start a factory, and also that work should soon commence to "catch on" to the [winter?] trade, and start a business at once that would no doubt more than pay the first outlay, before Xmas. ###I do not think we would have ttime to build to do this. In my letter tomorrow I will give you data &c.

Date

1889-06-06

Decade

1880-1889

Type

Folder/Volume ID

D8905-F

Microfilm ID

125:259

Document ID

D8905ADT

Publisher

Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
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