The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-04-17
MACHINE BETS ON STOCKS.
20 PER CENT YEARLY WINNINGS
GUARANTEED-P. O. 81 rs "FRAUD,D

You Feed Quotations Into . Hopper, Turn q
Lot or Cranks, ana Get Beaven-Born Ad.
vice whether 10 buy or selI-Peenngs or
J.B. Kellogg 4 &c. Hurt BY n Fraud Order.
J. B. Kellogg & 90. of SO Broadway, the con.
Germ whose mail has been stopped by the issue
Of a " fraud order by the Post Office authori.
ties, have been very large advertisers in the
newspapers. They have also sent out thousands
Of circulars. According to the statement made
yesterday by J. b. Kellogg, who is at the head,
their customers have had as much as $500. 900 al
one time in the concern. but not so much lately.
All the advertisements and circulars have told
Of the wonderful mechanical continuance which
]. B. Kellogg & Co. possessed. This machine
was termed the kellogg Market Register"
and by means OF its operations, It was stated,
there was established an infallible system for
market speculation. All who placed their money
with J. B. Kellogg & Co.. to be specialized with
according to the guidance of the machine, were
assured of an absolute return upon their invest
ment OF . per cent. a month or "a per cent. Q
year. One of the advertisements says:
For months this house has offered l 1000 to any
man or body OF men who could disclaim the earning
power OF the wonderful Kellogg Market Register.
which is operated in the Consolidated Exchange. so
broadway. 1t has stood the test against mathema-
ticians. scientists, and shrewd brokers. People from
all parts Of the country have come prepared to show
markets in which the KelloSg Market Register would
lose money. None have succeeded. but all have
earning power is ~sufhcient to pay what we guarantee.
"a per cent. per annum In monthly dividends of 2 per
cent.
:. B. Kellogg was formerly the manager Of f.
s s Dean s Co; the predecessor Of the collapsed
to to' have the b "H }ra1d 20 or 9ns r resc EMss authorities
We are not a bucket shop he continued,
nor are we conducting a discretionary syndi.
cate, for there is nothing discretionary about 1t.
The money placed with u. is speculated with as
orders are executed on the Consolidated Elk.
change through a dozen different brokers, for we
operating in"
The Arm Of J; p. Kellogg & Co. he stated. con;
Mr.. Kellogg regretted that owing to Mr.. Ford's
absence from town he would DO unable TO exhibit
the register: Only Mr.. Ford ever operates it. he
cash register. provided with many cranks..
The quotations from the ticker are fed into
Shows ai ss'1 wh Mti He to sbuy ana s Then .S S|Rssat eat !!
add, subtract in fact. Just how each stock
Erastns b. Ford is well known on the Console
dated Stock and Petroleum Exchange. whore he
was a member up to last Tuesday. He is a SON
in-law offs NJ. Bogert, who is a member OF the
New York Stock Exchange. About a month ago
the proposition was made to the directors OF the
Consolidated Exchange TO lease the parlors of
year for exhibiting the Market Register. The
directors refused to consider the proposition.
Since then Mr.. Ford has sold his seat on the er-
change.
1t became public yesterday that during March.
for the first time in n year, the operations OF tho
Consolidated Clearing House showed a net
profit for the month amounting TO $500. In
February there was a deficit OF $500. BY some
this is looked upon as significant, showing an
increase in actual business on the floor coinci.
dent with public agitation detrimental to the
bucket shop interests.