The evening world., 1894-05-30
FARMER HAS MORE MONEY.
But He Doesn't Propose to Drop
1t in Gold-Sapphire Stock,
Has "~Invested" $4,000 Already
and Has His Suspicious.

Elkin Farmer will be satisfied here
after IL he can get 5 per cent. for his
money anu escape the Income tax. He
had a hankering after investments
which furnished II larger margin OF
profit. but he has been cured of n de-
sire t. double his already ample fortune
as a result of an experience with swim
dlers that cost him about Sl4, 900.
Mr.. Farmer, who lives In n beautiful
home at lli9 Park avenue, is past
middle age He made a fortune as an
exporter and importer. and retired from
active business years ago. MIR. Farmer
buncoed to an Evening World" re-
that he could aa Sy"f 10 Eios a,0sG i,o"c. as
he has plenty of money left.
he was attracted by an advertisement
of Broker j. G.. Dudley, of Is Wall
street, WHICH painted gloriously the ad-
yantages Of buying mining. stocks which
he. had to offer at a ridiculously low
price. Mr.. Farmer called on Dudley.
who offered him stock OF the Gold Min
ing Sapphire Company; 1t was quoted
trihe above 20. Dudley gave the name
of a firm of brokers in Butte, Mon,
who. could tell as to the value OF the
stock. MIR. Farmer wired to Butte. The
t'oNSio iCBilNl nat Ou tldu bttH OlltTtl
for the stock. Mr.. Farmer fastened to
buy 5000 worth.
Then he wrote to the Butte broker.
G the de@a to s was at for So lar Tssy bI EsIl'sa Of 'h sSt
stock that the block held by Mr.. Far
mer. Dudley said a friend of his. Theo.
dore Spaulding. of Columbus. o.. had
some of the stock, which Mr.. Farmer
When MIR. Farmer again called at II
Wal, street he found .Dudley,s office
closet. and learned that Dudley had sur
The capitalist began to have doubts
which were, however. stilled when Dud
ley wrote him he was in Columbus with
Sspagldlng' who Vac willing to sell hi;
John c. Wolf. IS Mound street.
The pair had secured board with Mr.
Wolf a few days before. Spaulding wal
nobody in the Wolf house ever saw 1t.
Mr.. Farmer went to Columbus. anS
when gnr 81 ne CO, was "a sS Sff st SO b more clo m,ni tHs s bo T.
presence Of the wolf family,
He nae hardly Jeff the house whe,
They have not been seen since. Mr.
Farmer notified the brokers in Butt,
that he had a big block Of ,Gold-Sapphir
sternation when they replied that the de
mand for the stock had ceased. WheI
it revived. they said, they would motif,
him.
Then 1t dawned upon Mr.. Farmer tina
he had been buncoed. He hurried bacl
to Columbus. but the birds had flown
Nobody could Identify Spaulding. becaus,
he had never allowed his face to be seen
Mr.. Farmer says Dudley was a small
neatly dressed man, of smooth face an,
speech and about thirty-seven years old
Mr.. Farmer added that the Police De
partments OF New York. Chicago and
Columbus had been notified, and he
hoped to catch Dudley.
II can stand the loss of the money
he said. but II Dudley is not caught he
may entraD other people who cannot sc
we'll afford to lose the money as I can
l still have plenty left to live on"
Mr.. Farmer also said that he hat
learned that the Gold Sapphire Mining
Company had been incorporated. bu'
had not developed its property. There
fore its stock had no market value.