New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-24
GOOD NEWS FOR THE LAMBS
THEIR SAFETY IN WALL STREET HENCE
FORTH ASSURED.
A NEW TRADING MACHINE THAT IS A SURE
THrNG"-FEED IT FIGURES AND IT WILL


YIELD GOLDEN EGGS"
The pitfu slaughter Of the lambs OF Wall Street
a tragedy which has been In progress since the
fierce bulls and the prowling bears first made their
abode In the region may soon be history. happy
day 10 dawnng for the lambs. or such OF them az
have intelligence enough TO betake themselves to
the haven OF safety which is being prepared for
them by the American Commercial Corporation
For the American Commercial Corporation has
system. and a trading machine based upon its
principles and the lamb who enters Its inviting
fold not only saves his life financially. but also in
cidentally gains wealth At least the corporations
prospectus says So basing its declaration upon an
elaborate exposition of the alleged marvellous
Its shown by tests of the machine by hosuie
experts.
This wonder. tine greatest mathematical triumph
as a money earning power In this country OF great
achievements" is the invention OF Erastus L. Foro
who has arranged to turn over his American rish'S
to the proposed American Commercial Corporauoh
Of the Organization Committee OF which Maurice
L. Muhleman Deputy Assistant Treasurer OF the
United States in this city, Is president, ana ). ~
Huston formerly Treasurer Of the United States Is
treasurer The investing public an well as the
brokers. prone to error. being no more IMAM
human: but the trading machine 1t Is asserted
eliminates human fraties and It's conclusions
are In the majority of cases right"
The machine looks like ordinary cash register
but is said to be exceedingly intricate having lou
parts 1t will forecast the market as the anna
macs forecast the weather. but for
tips Il is said to be "sure thing All 'ha' j.
necessary is to feed figures from the ticker tape
into its NAV and at Just the right moment the
"nigrers head" shoots up from the top OF the con-
trivance bearing the legend appropriate lot the
present time-"sell short" "close the deai' pu!
and he who needs the fortune-teliers aolnoni.'o
reaps a rich reward Vt goes without saying nc
this reward Is reserved for the prudent investors
her al clients
Commercial CORPORATION and It is equally OBVIOUS
that everybody who wants to speculate IN soooN.
will rush TO become a customer OF mat oehe"0eH
institution .
OF course not even "sure system can DC pu'
IN operation without capital. This corporation
oor,ro,,,no "a its promoters modestly declare
".rade secret which eliminates competition IL Is
proposed to capitalize at s10ooooo as s'Artei
s4Oo 900 Of the amount to be preferred s'och' Oy
800 600 preferred stock Is to be issued at ~ o
and nobody will be allowed to subscribe iof h'oe
than ten shares Of 800 each, 20 per cent ronuS
a., o,,non stock going to each subscriber. At the
90, ~ Tho confidential prospectus Is Dig ieo
hand nointed toward a red-ink notice WHICH pays
that the company Is expected to earn anu pay up
It's stock over 80 per cent year. pesiueS auuiie
large sums yearly TO its reserve funo. IL no" ~
vet developed how many "ground-foor suoscIio-
-. haye coma in Mr. Huston explained yesterday
,het the dear public" had not been invited u
enter this enterprise and that there was no po'
sihe ground for n suspicion that ne anu III"
soc,ates were trying to sell the dear PUBIC sou
hr,cL The machine he declared. had mao
,hro. n,onbs test at the Stevens Institute III no
49,, the opnion being expressed OF II ny FRO
fsssor Webb and President Morton that II iuIii'u
all the claims made for II by us in'e"'oi.
dent Morton however, was quoted !e''.s
saving that the tests had shown that oy lono""s
a certain system a profit OF about one-iouI.
per cent could be maze pro''uo' nv
-,.,,or had 10 be paid.
Mr. Huston added that the per1ectihs vi n,'
machine had cost the inventor more IMAM , =.
hut that he had reimbursed himself by operating !.
IN the stock market. Mr.. Huston has onces at
NJ IN broadway His assistant yesterday saiu
,hot the inventor Mr. Ford. a year or so ago
went on an intellectual excursion 10 OXFORD ana
Cambridge taking with him his machine' "hich
successfully passed the tests to when II was SUP
jected by the professors OF mathematics MT foro
"a now IN Europe but is expected back next week
Mr. Muheman while he apparently believes that
the stock speculation millennium has come says
that he went into the scheme because the mathe-
NAUTICAL projections Of the machine fascinated him,
but that he is mechanic.
About two years ago James B. Kellogg Co. OF
No. &c Broadway. advertised extensively the "Kel-
logR Market Register" wonderful mechanism, by
which the forces anmating and governing the mar
kets can be measured and utilized and indicated"
He guaranteed per cent yearly profits to GUS
TONER'S and did rushing business-for while.
and then he arrested and his bucket-shop was
closed June 4. 1897 indictments having been
found against him by the Federal Grand Jury for
using the mails in alleged attempt to defraud.
He also indicted in the Court OF General Ses-
sions for alleged grand larceny THE Kellogg Mar
ket Register" and the trading machine for which
Messrs. Muhleman and Huston stand sponsors. are
similar Instruments Mr. Huston says that Mr..
Ford simply owned the machine. and had no part
In the transaction leading to Kellogg's downfall.
and that the veracity, so to speak OF the machine,
was not in question. Mr. Muhleman says he
didn't know about the Kellogg episode.