Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-03-09
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Issued a few weeks otter the con-
Yefsation between our ex-seryant girl
and the postal clerk completely justify
her persplclty Issued IN whole shares
OF 300 francs each. par, they have for a
long time been above COO francs Day
before yesterday they stood AT bl2
francs This company will not pay
dividends for some years. because its
dlgglng ran into fabulous expense. The
interest land lottery chafges) on ils
bonds VIII eat W what the preliminary
expenses and expenses Of paying on DO
not take. Yet, such Is the Frencnweak-
ness for big prints. these shares have
risen steadily. II Is another lottery
II Is the bonds because their Interest
is al a liked rate that need the bait "
an artificial lottery attachment Be
lief In the fairness OF these drawings
Is Implicit in the people, as it may yen
be. because the precautions against
fraud are minute and laborous, Each
bond Of course. bears lbs number and
each number has us equal chance In tho
big cylinder wheel that turns round
and round whole day before the
drawing Untl recently the prepare
lions for such drawings took the great
companies three months Of heavy clcrl'
cal labor each, The Credit Foneier,
for example employed sixty persons
cutting and rolling the bulletins INTO
their metal cases. Thanks to an IN
Renious device. the work has now be-
come automatic, In the hands Of oui
trusted employees, TWO men and two wo-
men who prepare each drawing IN tWo
weeks. 1t IL this system that has now
become all but universal
The number bulletins, printed on
thin, tough Japan paper are introduced
into their little copper shells or tubes
by means OF two brass wires Held
together by these wines In strips Ot ten
numbers each until the moment OF yeH-
fication. they afterwards are introduced
always in strips Of ter into the roll
Ing box. Ten such strips placed In
each rolling box find themselves con-
nected with the turning crank az the
ends Of the brass wires When the
time comes. therefore. 10 roll the strips
into their shells OF tubes, a few turns
OF a single crank do the work Instant
ly ana simultaneously Thus II IL pos
sble TO verify the numbers up TO the
last moment The four employees sit at
their tables, working in pairs. Roller
10 them the length Of Ions tables. Twice
the numbers pass inspection Then.
when all are certified and rectifled, the
word is given to roll up" A few
thousand crank turns finish the busl-
nessand such is the automatic perfec'
ton Of the system all the tens OF
thousands Of little tubes find them,
selves at last dumped into the big
usifhput having Dgpn
touched separately by the hand Of man.
on the day OF the drawing which
invariably takes place in large hall,
there Is a large crowd waiting impa,
tiently to learu the fateful news. Look
ing over such a crowd you see the re.
markable character Of the stockhod-
ers. II is true that the large capital
lists await the result calmly at home,
and there IL a Selection" in favor OF
the nervous little hol' ms OF a single
and quarter bonds Nevertheless II is
astonishing to see cab drivers and
chambermaids elbowing elegant young
stock exchange dudes. fine ladies and
solid shopkeepers fraterniZing in a com,
mon anxiety. The fine lady argues
about II afterward with the cabman
or laborer who may be standing near
10 her; well, | came awfully neal
getting the 10000 franc prize. 1t was
2i36IS that won. and | had 2iS6iI"
Why, bless her heart, the next number
is, In reality, no nearer than the first
| one or last one.
1t was the lottery attachment that
| bore up the price Of the famous eXposi-
ton bonds. until now when there Is but
| one more drawing TO come off, they
| have slumped from is francs. and even
par at first TO francs, with the tick
cts I. e. twenty admissions TO the ex.
| position each The worthless Panama
bonds are still bought and sold on the
bourse for the sake OF their lottery
fund securely invested at the time of
| their issue.
Curious a cynical belief Is current
! among the little capitalists Of Paris
| that II is nearly always the rich who
| win the large prizes. Perhaps there Is
| some truth in II, because the rich are
| naturally the largest holders OF bonds.
| after all. In any case. the winning OF
| the last exposition bond capital prize
Justified the saying The lucky party
| was a wealthy English squire, He had
several dozen exposition bonds, and de-
! clded not to visit the show. He there
fore cut OF the tickets (twenty 10 each
| hond) and sent them 10 firm Of Lon
don bankers. who make n little busi-
ness of exchanging bare bonds for
them. For each set OF twenty tickets
they sent him back numbered bond
from which its own tickets had been
cut OFF In this way he doubled his lot
tery chances, and 1t was exactly one OF
these received in exchange for tickets
that won him the $40 600 prize. Thus he
won the exposition plum-offered 10 at
| ,roc. nnonle To tho eYpositiOn-by moi