This psychic reading given by Edgar Cayce at his office, 115 West 35th Street, Virginia Beach, Va., this 28th day of October, 1927, in accordance with request made by self - Mr. [195].
P R E S E N T
Edgar Cayce; Mrs. Cayce, Conductor; Gladys Davis, Steno. Mr. L. B. Cayce.
R E A D I N G
Time of Reading 12:00 Noon - Eastern Standard Time. ..., Ohio.
1. GC: You will have before you the body and the enquiring mind of [195], of ... St., ..., Ohio, and you will answer the questions which I will ask you regarding his business associations and relations.
2. EC: Yes, we have the enquiring mind, [195] - this we have had here before.
3. Still those conditions about the body bring some expectancy and uneasiness, in a manner, of the outcome of same. These conditions, we find, DO assume a more appalling manner than as has been heretofore, for with that change as respecting the re-financing and its change, there has arisen in the minds of SOME of there being some faulty condition with the management of the company or association. Hence there seems as if there is the continual haggling, as it were, over the various outcomes that may come about, and there are some conditions that need looking into in this respect - some people are TALKING too much! Ready for questions.
4. (Q) Relative to sale of whole of [182] & [195] Mfg. Co., Dayton, to H. S. Talbott & Co. for cash and preferred stock, would this be advantageous at this time? (A) This condition depends entirely upon the desires of the individual and of those that would handle same. Hence there is seen there are many associations, or many conditions to be considered as respecting such. First we find (this is as for and against) this change would be SATISFACTORY, especially to the PARTNER [182] of [195], and would bring about some changes that would be well. On the other hand there is to be considered the advisability of accepting even preferred stock when those in charge of same are not WHOLLY acquainted with the conditions necessary for the furtherance of the business in the proper way and manner. Yet, as has been given, this would present a well and good opening, were it possible for the business to remain under the direction of one well acquainted with the needs of conditions. Still,
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there is to be considered the faults and the adverse conditions in the manufacture of the product as has been manufactured by this company, and the improvements as are being presented by other companies launching the sale of articles to take the place or fill greater needs, in a manner, than this very same commodity. Now, these put on an EQUAL footing, we would find that that ALREADY in use is the more acceptable one - with the modifications as might be made with same. These would not be on an equal basis with one understanding the needs and the distribution of the proposition, but with the two concerns seeking to propagate, or to present this same commodity, these would be nearer on equal basis. While we do not find that under proper conditions the cups, or the commodities as would be manufactured by others making especial inroads on the sale or distribution of the article manufactured; yet these must be considered. Hence we would give, summing that pro and con for the condition, the elements as would be the better would be for [195] to associate self with one who would give sufficient financial backing to carry on the work in the way and manner as is in the mind of [195] - for under the supervision of that mind, as is in a way ready to DIRECT the policies of this proposition as a SELLING organization, success would come EVEN at a GREATER way and manner than as has been shown in the last two to three years; for the proposition has presented so many angles that this body, this member of the firm, has been the only one to consider or to study the policies as have been adopted by the selling organization, the only one offering a change in a way and manner as would bring better conditions, or the more ready sale for the product, see? for, as has been given respecting the product in the various states, under the various laws, where the various measures are meted out, in their act of the states, these will meet more nearly the REQUIREMENTS of those laws than those other products of the similar nature that HAVE been used, or may be brought out in that contemplated change in other measures. With the contemplated changes as would be under the supervision of [195], these would be sent a much better article and one more readily of sale.
5. (Q) As far as [195] is concerned, would it be better to have members of Winters Bank take on [182]'s interest and run [182] Mfg. co. as a corporation? (A) Just as given.
6. (Q) Is there competitive danger arising from measure to be made by Columbus Brass Co. of Columbus, Ohio, and will it affect earnings of [182] Co. in 1928 - 29 and 30?
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(A) Only in the way and manner as has been outlined - under certain conditions the effect would be, see?
7. (Q) Is there foreseen that Lawson Co. of Cincinnati, Ohio, will make a competitive measure within next few years? When, if ever? (A) We do not find so at present, unless there were many changes made in that handling of this organization and its products. Without a great change in this product for better we do not find same presented. With the great change in the product and the keeping of the same character (in its weak points) we would find there might eventually be such a measure produced through the Cincinnati concern, or by association of others with same.
8. (Q) Relative to suit against W. W. Gray of Evansville, Indiana, for accounting to Margaret Patterson - purchase of her rights and holdings under all wills of Gray Brothers, is it W. W. Gray's intention of settling suit by purchase of Mrs. Patterson's interest? At what time? (A) This, as we find, is a CONSIDERED measure, yet we do not find same as YET being consummated, though this may be brought about by the various circumstances and pressures as may be brought to bear as concerning same; for, as we find, in fact, there were - or have been - portions of the holdings under this will, or document, that have not as yet been wholly accounted for. This in part has held up the settlement in that the FEAR of this being brought out, or of this being discovered, until such a time that this would become safe - this has brought some troubled conditions in the minds of ones handling same. Eventually we would find this would be settled in an amicable and in a satisfactory manner to all.
9. We are through with this reading.