In his "Red Letter" of May 18 he makes the following statement:
"There is only one thong about this wheat, and that is, a
bull market is at hand; and those who buy cannot lose, and
if they buy on my advice and buy quickly, I will pay the
loss if there should be any."
He had four offices in Chicago aside from his main office, these being
designated by him as "Exclusive Offices for Lady Speculators." When
about to open one of these offices he addressed a circular letter to
the wives of many prominent citizens announcing the opening of same.
The first paragraph of this letter reads as follows:
"I have opened superbly appointed offices on the ground
floor of the National Life Building, Room 120, where I
accept accounts from ladies of $100 or upwards for marginal
speculation in stocks, bonds, grain and cotton.
"George T. Sullivan."
George T. Sullivan, who frequently signs himself "Red Letter
Sullivan," is by occupation a telegraph operator. He was first heard
of in Boston during the year 1899 and the early part of 1900.