The sun., 1873-05-02
The Man who has Ruincd Hun ir-ds and the
Man who Drew n Fortune.


Man who brew Fortune.
torrcspunccucr of The -pn.
PHn.>DEIrHIA, trril m-Philadelp phia
Is not 60 FAR behind New York In crime as il is
In commerce Mr.. Harm on Granbo is n nnan-
cial soldier - fortune who has como TO misfor-
tune, bringing many victims, Including widows
and orphans, 10 grief. This youth IA banker
and broker, who but short time ago began
business here on n very small capital. hut soon
spread himself into immense proportions. rival
Ing the oldest and wealthiest firms in the ap-
parent extent Of hi. huSinats and quite cclips-
ing most of his competitions in expensive living
From humble brick in an unfashonabe
quarter I've soon removed TO a brown stone ON
We Walnut street, with its furniture costing
over sltN,oh, and Kept his carriages ana all the
servants necessary To maintain tho dignity and
style II such m establishments Hr had two
ohces, ono on walnut and one on Third street.
and had leased lar-c and elegant marble
building on Chestnut street, which was being
htted ~ as HI; chief place Of business at the
and made grrrt display, while everybody
wondered what he did II on" as all know hi-
ms great show inspired confidence in many, AMI
much money was lntrusted to him for invest
men' In bonds, real estate, &c
ms VICTIMS
Brt few days ago the bubble of his reputn-
tiou exploded. He was arrested ON complaint
Ht one ~ his victims, and the publ cation Of
on the next day an led To- a fun eSpn-,Ire OF
bis financial condition. and will soon lead to a
luIl kUoWledGc Ol hts dishonest trausaGtious
His liabilities are f,OlObl, while his assets he
SIDES his house and furniture, are next to moth
Ing, and the house is murgaged for half IT,,
value.
Among his many victims are some persons of
small means whom he Induced 10 intrIs him
with ali their money for investment From one
poor widow he thus obtained about sl5HD, and
also some 5000 which she held in trust AS guar
dian for her minor son.
The numerous prosecutions for emhe1 element
or larceny as hailee that have been nstisuIpd
aHaihs' Haihs' hriinbo must result IN his consignment
VIII he as fortunate a. leThes In obtaining an
executive pardon, for GrambO has no political
status, and no sympathy from the political SIN
nerS WHO are most potent In procuring parduns
In this state,
THE GREAT PRIZE.
This eIposf and the announcement that Mr.
Richard Penistin OF this city drew the capital
prize of $4,000 in the late gTeat Havana lottery
scheme have formed the chief sources of con
versRtion in financial circles here for some days
past. The Sun first gave the Information Of
ienstan = great luck To his friends and neigh
bnrs, ana, hs most ol the Phlladelp phia papers
copied HE SuN article on the subject on Satur-
day and sunday, Penistan has become the hero
of the town. His three places of business ION
Chestnut, Eighth and Third streets) have done
a largely increased business since his good for
tune has become known.
Mr. Penistan IL an En-shman, who has been
dozen years. He has very extensive acutaint.
ance ana many friends, who sincerely congrutu-
late MN on his wonderful luck. His business
pays him well, anOiding him all the lu1ilries Of
ne, including numerous hne and fast horses
anu lie was not in particular need of his hnlf
million prize nor is his head turned hv this
streak Of good fortune He bears IL win he
coming meekness, and has not cut even the
poorest OF lis friends since he received the good
news JUNIUs.