Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1899-12-02
MILLER'S PROFITS.
In The Franklin Syndicate
Were Enormous.

In Excess OF the Amount Paid Out
Some of the Items i'm the Business
Miller Took Away About 81, 250, 900.
Special to the New DoMINioN
New YORK, Dec. Inspector
Mackellar to-day permitted the
newspaper men to inspect the books
Of the Franklin Syndicate. There
was wagon-load or more of stuff,
which included four Remington
typewriters, several boxes of checks
neatly inclosed in stamped envelopes
which were evidently intended as
payments of interest to depositors,
other boxes with checks that had
been returned after the cash was re-
eeived, and about dozen ledgers
and journals, most of them blank.
In one book was list of almost
all the country newspapers placed
in alphabetical order, which seemed
to indicate that the syndicate had
advertised pretty extensively.
There were the names of 1000 de-
positors in the ledgers, and theil
deposits ranged from $40 up to
81 900, although the majority had
invested from $40 to $50. Some idea
of the business done within the past
six weeks was shown by the entries
in the cash book According to the
entries commencing Oct Ia, 1899,
there was paid out on that day S4,
431.60, while there was on hand 81,
sos, making a total of 81, 26. so.
Only $40 was taken in on that day
October 16 was evidently salary
day, for ON that day the sum of
1884 was paid out for salaries, with
So for extra night help, $50 for 9th
er expenses and SOL for commits
sions.
On that day Miller paid out alto
gether $4,2l7. and took in $7,614.
On Oct II he paid out So, 247 and
took in 1870.
On Oct 10 he paid out $2,96S.50
and took in, in town, $4,000. and
out of town $1,000, making total
of $4,000
On the 18th and 18th he paid out
So, 481. 80, and took in $57,320. On
Nov. 3, which was star day, Mil
Ter paid out $4,424, and took in, in
town, $51, 1880, and out of town,
$12, 1872, so making total of $685.,
355.
The last entry in the cash book
is on Nov. 16. 1t shows that Miller
paid out on that day $l4 ,659.l0, aud
took in $50,S97.
On Nov. 3 he struck a balance,
including all receipts and amounts
paid out since Oct. IA. The total
paid out was $45,778.45, while the
receipts were 60,3S6.50.
Under the letter A in the ledger
are SO depositors who made tota
of deposits of $4,000. The bigges
depositors under A were: F. b. Abel
of SAT Classen ave, $500; j. Aman
of 266 Jefferson st, $3.50, and Z. Ar
mold of 1876 Tompkins ave-, $500.
Louis Miller, Jr., the alleged cash
Ter of the defunct Miller Franklin
Syndicate, and his $500 satchel
were again in evidence in the Adams
Street Police Court, Brooklyn to-
day.
Miller who had been released on
bail, was accompanied to court by a
notable array of counsel and friends.
On his previous arrangements he
had been represented by Lawyer
Thomas j. Whitlock, who was also
on hand at to-day's hearing, although
former District Attorney James w.
Ridgway did the pleading.
The latter announced his readi-
ness to proceed With the hearing
and strongly opposed the determi-
nation of Assistant District Attor-
ney Kellogg Of the prosecution for
further delay
Mr.. Kellogg announced that he
was not ready and asked for week 8
adjournment in order to properly
present his case.
Miller's books also show that be-
tween Oct. Ia and Nov. 16 inclusive
he received total of $620,54 and
paid out $2l5,659, making a total
profit in SO days of $404, 1856, an av-
erage of over $4,000 in profits for
each day.
The books also show that during
the last month of business Miller
received by mail alone an average of
over $4,000 a day. His biggest days
business by mail was Friday Nov