davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

New York, May 4.-Flour-Receipts,
5q. 100 barrels: exports, 700 barrls. Market
dull and weaker to sell, concessions
granted on lines and a further cut in
spring patents is predicted.
Wheat-Receipts. 224, 500; exports, JOG,
200 bushels. Spot lower; No. red, MS;
No l hard, 70i2. Options weakened today
under liquidation. lower cables and fine
winter wheat crop news, declining all
through the session except for few brief
rallies on talk of rains in the northwest.
Sentiment was bearish at the close, which
was SkGlbc. below Saturday. No. red
May, 6Slk0e 11-16; closed 6S12.
Wool-Quiet.
Sjlver-5S.
Pig Iron-Quiet; southern, 1915; north
ern, 11.e0G1S.50.
Copper-Dull: brokers', 1O7s.
Gead-Steady; 3.05Q3.01l2.
Tin-Steady; straights, 1S.3OG1S.4O; plates
steady.
Speiter-steady; domestic, 4O5@41O.
Coffee-Options opened steady with
prices unchanged to 10 points higher;
closed barely steady at points advance
10 5 points decline. Sales, 5000 bags, in
Guiding May, 1926; September u-55q11. 60.
Spot coffee, Rio, quiet; No. z, 1875; mild,
quiet; Cordova, 16s4@1S.
Sugar-Raw, quiet; fair refining, S$4
centrifugal 96-test ~; sales 10609 bags
Bahia S4-test, 35s, eX-ship.; refined sugar,
quiet: standard A, "a; confectoners a,
5l4; cut loaf, 6; graduated, 53s.
CHICAGO GENERAL MARKET.
The leading futures ranged as toilows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
FOREIGN FINANCES.

New York, May 4.-The Evening Posts
London financial cablegram:
The stock markets were irregular to-
day, but firm on the whole. Consols
were lower at HOS, because this was the
first day of the settlement in those Sc
curities and partly on reports that the
discussion in parliament on Rhodes and
the South African incidents is a warm
one. Argentine and other South African
securities were strongly bid for and also
Australian mines. Kaffirs were dull for
reasons given above.
Americans were steady to firm, but
with no business. The market may be
described as lifeless and requiring fresh
stimulus to galvanize the bulls into ac-
ton again.
Copper was very strong.
Paris bourse fairly firm, as also was
Berlin.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
Nashville,s Truck.
NASHVILLE, May 4.-Fast track anC
cloud1eSS skies Summaries:

NASHVILLE, May 4.-Fast track and
cloudless skies. Summaries:
First race, three-quarters of a mile
Rondo won, Wang second, Nick third.
Time-1:14.
Second race, five-eighths of a mile, SELL
ing-Rosalind won, Belle of Oak Grove
Third race mile and a quarter-Ben
Elder won, Maurice second, Ruthven third.
Time-2:0S.
Fourth race, one mile, selling-Bing
Binger won, Overella second, Billy Nc
Kenzie third. Time-1:41A.
Fifth race, four and one-half furlongs-
Manzanilla won, Izeyl second, Connie Lee
third Time-:56
Sixth race, f1ve-eighths of a mile, SELL
ing-Bounding Cecil won, Petrolence sec
ond, Audra third. Time-1:011a.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

NEWARK, N. j., May 4.-Director
W. Campbell Clark of the Clark
Thread company today confirmed the
report of the amalgamation of the
Clark Thread works, of this city, the
Kearney and Daisley mills, of Scotland,
and the J. P. Coates Thread company,
of Glasgow, Scotland. Clark refused
to discuss the details, but said that no
change would follow at present as a
result of the amalgamation.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
COLD SHIPMENTS.

New York, May 4.-Heidelbach, Ickel-
11eimer & Co. expect to ship Sl,50o,OOO in
gold bars tomorrow.
Heidelbach, Ickelheimer & Cos en-
gageme nts of gold at sub-treasury is for
81 $50 00o This makes the total amount
thus far engaged for shipments, 81, 10000.
All of this gold goes to Germany, and
is expected to be trans-shipped to Rus
sia- 1t is all in mostly 50 and $40 pieces.
Legal tenders have been deposited at
the sub-tr easury in each case. Indica-
lions point 10 further shipments this
week b. Russian account of from two
to three million dollars.
Barring, Magoa & Co. ordered 500, Oeo
gold an the sub-treasury for account of
Kidder. Peabody & Co., Boston.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
Pitched Good Rail.

ST. LOUIS, May 4.-Breitenstein in
the box for the home team pitched
good ball and as did also Orth for the
visitors and the support of each was
good. Attendance, 5000. Score: st.
Louis, 3; hits, 10; errors, g. Philadel-
plaial, a; hits, g.; errors, 2. Batteries
Breitenstein and Mcfarland; Orth
and Grady.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
The Colts win.

CHICAGO, May 4.-The colts won today
in the last inning after most interest
ing and exciting game. Shindle was hit
by a pitched ball in the fourth and scored
the visitors only run on hit and a field
play Attendance, $500 Score-Chicago,
q hits, Z; errors, /. Brooklyn, l; hits, 5;
errors, 2.
s-Chicago-Griffith and Kit
tredge; Brooklyn-Stein and Grim.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
Met His Hondnn.

PITTSBURG, May 4.-Hawley met
his hoodoo today in the Baltimores
His wild pitching and poor throwing
were responsible for the home team
defeat. Attendance, 4,200. Score:
Pittsburg, 4; hits, 8; errors, 8. Balti-
more, 5; hits, IS; errors, 0. Batteries
-Hawley and Merritt; Esper, Robin
son and Clark.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
On the Coast.

SAN FRANCISCO, May 4.-Todays re-
suits at Ingleside:
First race, four and one-half furlongs-
San Mateo won, Fleur de Lis second.
The Roman third. Time-:55lA.
Second race, six furlongs-Pueno won,
William Pinkerton second, Walter j.
third. Time-1:151a.
Third race, six furlongs-Senator Bland
won, Nicnac second, Peru third. Time
1:1615.
Fourth race mile and three-quarters-
G.. B. Morris won, Thornhill second, Little
Cripple third. Time-3:06A.
Fifth race. one mile-Mirambo won,
Wawona second, Foremost third Time
1894
Sixth race, one mile-Paros won, Fair
Faith second, Belle Boyd third. Time
1:42%.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
cHoKED TO DEATH.
Peculiar Method of Suicide Adopted
by an Omaha Man.

OMAHA, May 4-Gottlieb Wueth-
rich, an old and well-known German
resident, committed suicide by strangu-
lation On Sunday at his home at Tenth
and Howard streets. The cause is
ascribed to ill-health and financial
difficulties. He locked one of the doors
leading into the dining-room and then
tightly tied a silk handkerchief about
his neck, and into it had fastened
shawl strap. This in turn he hung
over the door knob and threw himself
upon the floor, face downward, and
slowly choked himself to death.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

Did you ever think how readily the
blood is poisoned by constipation? Bad
blood means bad health and prema-
ture old age. DeWitt's Little Early
Risers, the famous little pills, over
come obstinate constipation. For sale
by Nelden-Judson Drug Co.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
OMAHALIVE STOCK.

Omaha, May -Cattle-Receipts, 1900.
Market steady to strong; native beef
steers, 3.4994.10; western steers, 5000
$50; cows and heifers, 2.50d3.50; Gamers,
200G2. 80; stockers and feeders, 2.90G390;
calves, 30OQ475; bulls, stays, etc, 2.0G@
315.
Hogs-Receipts, LOCO; market 5G1Oc.
higher. Heavy and mixed. 3.20d3.25; light,
32563.35; bulk of sales, 3.25d3.30.
Sheep-Receipts, 5000; market steady.
Fair to choice natives, 3.0GGS50; choice
westerns, 2S003.40, common and stock
sheep, 2.00G3 10; lambs, 350q4.75.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
At Sheffield.

SHEFFIELD, May 4.-Summaries:
First race, fine and one-half furlongs-
Reivelle won, Dave Sloan second, Aunt
Sallies third. Time-1:12.
Second race, six furlongs-Bob Wagner
won, Glenoid second, Outgo third. lime
LII.
Third race fine and one-half furlongs-
Virgia Dixon won, Sugar second, Sammie
Young third. Time-1:09A.
Fourth race, seven furlongs-Laura
Gotta won, Caufeld second, Backing
Brush third Time-1: 3019.
Fifth race, seven furlongs-Gomor won,
Aunt Ida second, Hazel Hatch third
Time-1:S0A.
Sixth race, six furlongs-Lismore won
Fuslier second, Danger third. Time
1:15A.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
ALL is WE'LL.

DENVER. May 4.-The Denver
chamber of commerce authorizes the
statement that no contributions for
the Cripple Creek fire sufferers from
other states are needed. The contribu-
ton in sight in Colorado amounts to
nearly $4,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
Boyd Hit Hard.

CLEVELAND. May 4-Boyd was
hit hard today by the home team. At
tendance, 5000. Score: Cleveland, 49,;
hits, 10; errors. 1. Washington, 5;
hits, 10 errors, 8. Decentralization
and O'Connor; BOYD and MCGUIRE.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
KANSAS CITY LIVE STOCK

Kansas City, May Misunderstanding,
1890; shipments, 900. Market strong 10c.
higher Beef steers, S.G064.50 native
COWS, L75G330; stockers and feeders, 30
$3.50; bulls, 100000
Hogs-Receipts, 5000; shipments, 800
Market, SOLO higher Bulk of sales, 5000
3.35; heavies, 260G3.25; packers, 3.O5d3.25;
mixed, 3.10Q3.35; workers., 5.3OQ3.4O; pigs,
3.1o13. 40
Sheep-Receipts, 800; shipments none.
Lambs. 3.00a4:l Is: muttons. 2.50aS:70.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
THE DIAMOND,

Several Very Interesting and Good
Games Played Yesterday.
CINCINNATI, May A volley of
hits after two men were out in the first
inning scored six runs for Cincinnati
The Bostons could not hit Ehret, and
one of their two runs was scored on
McPhee's error. Attendance, $1,000
Score: Cincinnati, 8; hits IA; errors, 1.
Boston, 2; hits, 6; errors 4. Batteries
-Ehret and Vaughn; Nichols and
Ryan.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
LII HUNG CHANG.

SHANGHAI, May 4.-After the coro-
nation of the car of Russia Lii Hung
Chang will visit the treaty powers
with the object of inducing them to
agree to an increase of to 8 per cent
ad valorem on import duties at all the
treaty ports.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
corD RONDs.

New York. May Bids were opened
TO-DAY for 81, 039, 500 of gold bonds of the
city of New York, being what remained
Of the 100000 offered for sale some time
ago by the city comptroller. AT the time
of the first offer the bonds were to bear
9 per cent interest which was sufficient
TO attract investors. The tenders TO-DAY
were On the basis of 31a per cent. inter
est The best bid was that of Vermyline
q Co. for the whole or none at 104.0S9.
The award viii probably be made to
Vermilye & Co. tomorrow. The amount
OF the bids was over S40,0000c0, which is
more than ten times the amount of the
bonds
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
GUNS HAD GONE OFF
NEWARK CARPENTERS.
About One Hundred of Them Go Out
On n Strike.

NEWARK, N. J., May About 100
carpenters in this city went on a strike
today for an increase of pay to $275 a
day. The bosses want to pay only %
cents an hour for ten hours work. 1t is
said that if the strike is not settled
soon, the carpenters will call upon the
local assemblies in other branches of
trade for sympathy, and if necessary to
join in the strike. About 300 mason's la
borers also went on strike today for an
increase of cents an hour or IS cents
a day. They soon gained their point
and went back to work.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
Like School Boys.

LOUISVILLE, May 4-The colonies
played like school boys today and the
giants were easy winners. Attendance
S00 Score: Louisville, Z; hits, ~;
errors, 8. New York, II: hits, Is; err
rors, 5. Batteries-Clausen, McDermott
and Warner; Meekin and Farrell.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
EFFECT OF THE
GOLD SHIPMENTS.
Contraction in the Business On
Wall Street.
MONEY IS VERY EASY.
MOST OF THE GOLD WILL GO TO
GERMANY.

Speculative Interest Chiefly Confined
TO the Observation-Disclosures of pric-
es Was Upward, and the Closing
Was at About the Best Figures
of the Day-GoId Bonds of New
York-LiverpooI, Chicago and SAN
Francisco wheat.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
LONDON WOOL.

London, May 4.-There was large at
tendance at the wool auction sales today.
An excellent catalogue was offered and
the bidding was animated for good slips.
America was again an inactive buyer
today. The number of bales offered were
1900, of which LOO were withdrawn.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

New York, May 4.-The visible supply of
grain Saturday. May =, as compiled by the
New York produce exchange is as fol-
lows:
Wheat, 55,51s,000 bushels; decrease, O.
5l1,000 Corn, 11,319, 900 bushels; decrease,
1888, 600. Oats. S,240000 bushels; decrease,
1,497, 900. Rye, 1,424,00O bushels; decrease,
$4,000. Barley, Ii39,O00 bushels; decrease,
10000
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

Mrs. R. DeYoung, Middlepurg, Ia,
writes: 1 have used One Minute Cough
Cure for six years, both for myself
and children, and 1 consider it the
quickest acting and most satisfactory
Cough Cure 1 have ever used. For sale
by Nelden-Judson Drug Co.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
LIVERPOOL WHEAT.

Liverpool, May 4.-Wheat-spot dull;
demand poor; No 2 red winter, S. 3d.;
No l hard Manitoba, IS. 4d.; No. Cali
fornia, S. SGD.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
BOSTON QUOTATIONS.

Boston, May 4.-Atchison, 15zs; Bell
Telephone, 205; Burlington, S1A; Mexican
Central. 1917; oregon Short Line, IA; San
Diego. 10; Butte 6; Boston, 2; Boston &
Montana, 15l2.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
ELECTRICAL EXHIBITION.
TT PROVES TO BE A MOST SUCCESS
Full AFFAIR.

'.The Claiming of Niagara, Tri-
umph of Mind Over Matter, the
Result of Undrenmed of Progress
and Therefore Commands Our Con-
grntuIations'-The One Supreme
Triumph of Most Wonderful
Age.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
LAWYERS, ATTENTION.

The Herald will print your Briefs
with prOmptness and accuracy. We
solicit your patronage. Telephone
Us, No. 357, and we will send Tor
your manuscripts.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
CALLED HOME.
Cantain McCIensy.

WASHINGTON, May 4.-captain
John F. McClensy, U. S. N, retired,
died here yesterday.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
THE TREASURY

Washington, May 4.-Today's statement
CT the condition of the treasury shows an
available cash balance of $269, 9S9, 73S; gold
reserve, $123, 972, 1893.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

NEW YORK, May 4.-The national
electrical exposition, under the auspices
of the National Electric Light associa-
ton, opened at the Grand Central palace
tonight.
1t was opened by the pressing of a
golden key by Governor Morton, which
sent out an electric current that. dis
charged cannon in San Francisco, New
Orleans, st. Paul, Augusta. Me-, and
London, England, and from the roof of
the exposition building.
An immense crowd attended the open
ing.
C. H. Wilmerding, president of the
National Electric Light association, intro
duced Mayor Wurster, of Brooklyn, as
chairman. Mayor Wurster, after brief
speech introduced Governor Morton, who
spoke as follows:
Mr. President and officers of the Ma
tional Electric exposition: l feel honored
by the invitation which you have eX-
tended me to release the electric current
generated by the power of the great
cataract at Niagara and in accordance
with your wishes, L now declare this eX-
position duly opened,
CONGRATULATIONS.
The following telegram was received
from the mayor of San Francisco
San Francisco recognizes the electrical
claiming of the Niagara as one supreme
triumph of this wonderful age. 1t is
triumph of mind over matter the result
of undreamed of progress, and therefore
commands our congratulations
w. H. Preece, who has charge of the
land force of the Great Britain tele-
graphs, in answer to the signal given re-
piled: wish your exposition every pos
Sble success
Dispatches were also received from
Augusta, st. Paul and New Orleans, de-
claring that the
GUNS HAD GONE OFF
satisfactorily. When Governor Morton
turned the key volume of fuorescent
light danced through the tubes that en-
vironed the place where he stood. Stimuli
taneously the electric lights around the
different exhibits blazed out in different
colors and created a sight that looked like
a scene from Fairyland.
One of the most interesting of the ex-
hibits was the Edison apparatus showing
the telegraph and telephone equipment
the earliest forms of electric lighting
transmission motors and models, together
with four sets of apparatus with which
experts gave exhibitions of the Roentgen
rays, SO arranged that by using the
fluorescope into their hands people were
able to inspect their own anatomies.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
Alfred Hunt.
GAN AUTHORIZATIONS

LONDON, May ALFRED Hunt, the
artist. is dead.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

CLEVELAND, O., May 4-The an
ticipation of the disposition of the wo-
man question called out large at
tendance at the general Methodist
Episcopal conference this morning
Bishop Merrill of Chicago presided. DR..
Mueller of Cleveland presented a reso-
luton favoring arbitration for all Eng
fish speaking countries, which was
adopted and copy ordered sent to
the president of the United States.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
SAN FRANC

butter market was firm: creamery, n@
Is: dairy, 9G1S
Egg+Steady, 712d9.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
BOTH SIDES
CLAIM VICTORY .
A Lively Time at the Methodist
Conference.
WOMEN NAY YET WIN.
MAJORITY AND MINORITY REPORTS
SENT IN.

Both Were Warmly Debated and
VIII BE Further Considered To-
day, When the Battle So Fiercely
Wagedl Will Probably Come to an
End-SOme Interesting Develop
ments.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
VISIBLE GRAIN.

SAN FRANCISCO WHEAT.
San Francisco, May 4.-Wheat-Dull;
December, 1055s.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
nUST STAY IN JAIL.

Supreme Court Renders an Opinion
in the Coffin Case.
WASHINGTON, May An the SUI
preme court today an opinion was rem
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05
NEW YORK MIN1Ne STOCKS
sAN rRAEcIsco M1N1No.

San Francisco. May 1 The official closing
,rotationS for mining stocks Uodav we're as
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-05

NEW YORK, May 4.-The only appre-
ciable effect of continued engagements
of gold for export on today's stock mar
ket was a contraction in business.
Trading eeas on limited scale. bat,
so far as it went, was fairly well dis
trlbuted. The influence of the gold en-
gagements, amounting to 81, 10000 was
offset by the extreme ease in money,
further reported Improvement in general
trade more encouraging adVices regard
ing the progress made in planting the
crops, and a higher market for American
securities in London, and moderate
purchase in this market for that ac-
count. Railroad earnings continue mainly
favorable.
ALL OF THE GOLD
engaged for shipment goes to Germany,
and indications point to the outgo OF a
similarly sarge amount at the end OF
the week. The gold is exported under eX-
paid Tor the metal incidental TO the re-
formation of the Russian currency sys-
TEN. The premium of S-l6 per cent re-
quired for gold bars apparently renders
impracticabe the export of gold in that
form. The foreign exchange market re-
fected freer drawings of bankers bills
against the shipment and an increase
in commercial bills, but the inquiry for
refnittances was large enough to keep
rates about on a parity with Saturday s
figures. Speculative interest was chlehy
confined 10 the lndustrlalS. a concession
of point in sugar was ostensibly due to
reductions in the foreign and domestic
grades of the product A full recovery
was made in the later dealings.
The market at times reflected realizing
sales in a general way, the current Of
prices was upward and the closing was
at about the best figures and showing
fractional gains in most instances. Bonds
were quite firm on transactions of S9l2-
600. Governments displayed strength on
purchases of $109, 600.
Money on call easy at 2Q3 per cent.
last loan, 212 per cent; closed, ~ per cent
Prime mercantile paper, 412d5 per cent
Sterling exchange steady with actua
business in bankers bills at 4.Ss% GAS!
for demand and 4.S7&4 a4.SS for sixty days
Posted rates, 4.SS12q4.S9 and 4.S914q4so
Commercial bills. 1863 04.S7l4.
Silver certificates, 6S14G6S34.
The San Francisco call., 1896-04-16

new bonds, and this process is carried on
untll they are drained dry or realize that
they are being swindled.
here IS an instance that occurred in this
Clty, the victim only awaking to her mis-
fortune when she ATTEMPTED to reconvert
her holdings into cash. About four wears
age ago young lady typewriter purchased a
S6O group of bonds. These she was subse-
quently induced to exchange for a S2O0
group, paying, of course, the difference.
men she became the possessor of a $500
group. The actual cash value of her hold
ing to-day IS about $10O. Recently She was
In need OF sum of ready money and at
tempted to negotiate her bonds with the
agent who had sold them to her. The hest
She could do was to obtain the offer of q
loan OF $40 on them. Hereafter her saw
lngs, she says, If put into bonds. will buv
uncle sam 5, even If they bear only 3 per
cent, and are devoid of lottery attractions
Apother imposition on the unwarv is
worked through the club certificate scheme
len or twenty persons are induced to
purchase Jointly as many groups of bonds
as there are members in the club. a certif-
cate Delng gwen TO each to the effect that
he is entitled to a one-tenth or one-twen
teth interest, as the case NAV be- in the
entire number of bonds. 1t is represented
that the chances of winning a big nrize il
thus increased for all interested. and for
IiiIs adYahtage an additional premium is
placed on the bonds.
In fact, however, the chances are no
greater in proportion than if each had pur.
chased his group separately. Then any
member OF the club may withdraw his in
terest from the club by paving I'D the fulI
amount of his share of the Joint holdings
and thus deprive the other members of
the club from any participation in what
he may chance to win.
Not an intrequent resort OF these pitiIess
lmPosters is to induce the bondhoIder 10
exchange his securities. which still -o-,rs
sent some modicum of value, for a lot that
is almost without any. '--N'