"I am very glad you are pleased with your little house. We will let the matter of the rent stand over till your affairs are rather more in order than they are at present.—With kindest regards, very sincerely yours,

"HORATIO BYSSHE WADDINGTON.

"P.S.—I have settled with Palmer and Hoskins for the trellis and hot water rail."

"To Messrs. Lawson & Rutherford, Solicitors,

"9, Bedford Row, London, W.C.

"Dear Sirs,—Will you kindly advise me as to the current value of the following shares—namely:

"Fifty £5 5 per cent. New South American Rubber Syndicate;

"Fifty £10 10 per cent. B Preference Addison Railway, Nicaragua;

"One hundred £1 4 per cent. Welbeck Mutual Assurance Society.

"Would you recommend the holder to sell out at present prices? And should I be justified in accepting these shares as security for an immediate loan of five hundred?—Faithfully yours,