Omaha daily bee., 1902-07-27
BUSINESS
A c. R }.
OFFICES OF THE
E. j. ARNOLD & co.
Cooperative Stables,
ST. LOUIS, MO,
ST. LOUIS, MO-
70 Our Friends and Patrons


To Our Friends and Patrons,
over three years ago when we started our
cooperative stables, there were no turf
commissioner or cooperative betting
propositions in existence so far as we knew
or ever heard Of. but after we became an
established success, our methods were imi-
tated by irresponsible people everywhere,
until the country was full of such proposi-
tons. Most Of these concerns advertised
a greater earning capacity and larger divi-
bends than we were paying as a reason
Why investors should patronize their propo-
sltions; and, we regret to say, they were
instrumental in inducing a great many to
withdraw from us and give their money to
them, as Is evidenced by endorsements on
our checks which were sent in settlement
Of accounts with us. Nearly all OF these,
however, have since been put out of BUSH
ness, having lost the money and the con-
hdence OF their patrons, and their failures
have resulted In runs on us every time
one occurred, in consequence Of loss of faith
in all turf investments. That we have met
all Withdrawals promptly on the day Of
presentation is evidenced by the fact that
we hereby challenge contradiction and pub
licly assert that there has never been a
lime since our organization in which We
were not perfectly good for our every obli-
cation and promise.
We do not wish to be understood as i'm
plying that we have the only reliable turf
proposition. There are others that have
weathered the storm of the many failures
and are doing business today, but speaking
for ourselves, personally. we want TO I'M
press upon you that the confidence that
you have given us has not been misplaced.
During the entire existence of the firm OF
f. +. Arnold & Co. we have never failed to
pay a weekly dividend to every investor
with US OF at least as much as three 80
per cent on the total amount so invested,
and IL has averaged more than this, year
in and year out. Last year, 1901, we paid
for the So weeks a total of 1912. 70 profit on
each 500 handled,
On July ], 1902, we changed from paying
PRO-RATA to a fixed dividend of three 90
per cent net, guaranteed each and every
all circumstances. AS to whether or not
we shall be able to do so, we present our
past record and the testimony of our banks
to the effect that we are, on the strength
OF our large reserve capital, fully respon-
sible for every obligation.
We trust that you Will not associate us
with any "get rich quick schemes. ours is
a legitimate business, licensed by the state
of Missouri. We own and manage one OF
the largest and best racing stables In the
west, as may be confirmed by. reference to
any racing association in America. We are
bookmakers at the various tracks, and
judging from the of the press,
we believe we are well and favorably con-
sidered wherever horse racing is known.
As to our personal responsibility and
solvency, we can give you unquestionable
evidence that we are perfectly good. Not
only the evidence of our personal friends,
but of banks, trust companies, commercial
agencies, reputable business men OF st.
Louis and prominent men
Any further information that you may
desire about us we shall be pleased to
furnish. Respectfully,
Z. J. ARNOLD & CO.,
Benoist Building. st. Louis, Mo.