The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-12-13
Captain Devore's Opinion.

Captain D. B. Devore, OF the regular
army. who had been assistant professor
iof mathematics at West Point, had
carefully examined the machine two or
three years before, and was enthusiasts
tic over 1t. In fact he wrote very
high testimonial us to the merits of
the machine, which was sent to a
Wheeling man and was as follows:
FORT WADSWoRTH.
STATEN ISLAND, N. Y, March II, 1899.
Sir:-Your letter of the 9th received.
asking for q technical opinion OF the
Ford Market Register"
In reply would say that about two years
ago, when ! was assistant professor OF
mathematics at West Point Military Acad-
envy, went to New York City, examined
the machine throughout and snw It work
and verify all that Is claimed for It. The
principles upon which the machine Is con-
Structed are mathematically and logically
reasonable und demonstratiou proves them
to be correct 'r
An expert opinion OF specialists from the
Stevens Institute OF Technology. sub
stimulates the earning power OF the ma
chine as set forth by Mr.. Ford, the in
;Yentor.
The sum Of $4,000 was on deposit to tho
credit OF any ono who would prove the
machine fraud In any particular, every
facility, being given to operate the ma
chine In any market, with any stock.
There were many seekers, but no one ever
made claim to the money. .
The newspapers wished to advertise the
machine, Qor cash. OF course) but Mr..
Ford did not want n general advertise
ment in that way: SO 4 few papers crit
icised adversely. These papers were given
lull privilege to operate the machine. and
told they would be hid accountable for
any false publications. There were no
further criticisms.
The machine has stood all tests without
hinchlng. and have been u creditor with
the business manager for almost two
years, and the dividends have always been
paid punctually. according TO agreement.
Perhaps l have written mora than you
wanted, but l think Mr.. Ford deserves
great credit for Harvesting the principles
OF variation Of the worlds business ex-
change.
(sisned D. 3. DEvoRE.
Endorsed by Stevens Institute.
While here Mr.. Ford showed the fol-
lowing recommendation from the Ste
vens Institute Of Technology:
The Stevens Institute of Technology OF
Hoboken, \. j., under the signatures OF
J. Burkctt Webb, tho mathematician, and
Prof. Henry Morton, the president of the
Institution. certiiics that THE analysis Of
the market reports and tabulated state
mcnts of the gross profits and losses given
on plate Il, shown by the machlne for
ten active stocks. shows n profit, exclusive
OF commissions on Inc OF these stocks
Of @6its points. and the loss on one OF
them OF l: points in the period OF one
years time.
THE reason of this favorable result ap-
pears to be that the machine Is SO con-
structcd TINT OF the whole number OF
movements likely TO occur In the market,
the majority 81 per cent?. are favorable
in its notion. The machine keeps correct
record OF the gross profits and losses dur.
Ing the progress OF the transaction, and
the registered result can be depended upon
as reliable. After a most careful invest
igation, mathematical and mechanical We
find that the trading machine OF EraStus
e. Ford Is built upon mechanical prin-
ciplcs. which warrant the following
claims:
"Flrst-That the machine always gives
the same definite results when the same
series OF prices are fed 10 It fThls mctns
that It Is uniform In its action.
"SGcond-That tho machine Is IN honest
machine. and Is not open to any suspicion
OF manipulation.
.'Third-The distinct advantage Of such
n machine Is that II Is unnilucncod and SO
avoids tbs, risks OF human Judgment, and
thus operates on n fixed system according
10 such physical laws as appear to govern
tho movements OF the market.
(Sisned) ~. BUREiETT WEBB.
HENRY NORTON"
These recommendations induced 4
number to enter the syndicate that
was formed. but the more conservative
were fain to inquire how It was that SO
good thing was brought to Wheeling