Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-03-27
GREEN GOODS GAME.

familiar with the green goods game as
SO many are aware of the fact that
there are In New York and elsewhere
so-called brokers who make business
Of neecing lambs by exactly the same
methods.
The schemes resOrred To by these
swindlers are so numerous and so
varied that it would be difficult to de-
scribe them all in a single article: but
a very common one has been brought
to the attention Of The Enquirer with
in the past few days, and a recital of
the circumstances without the mention
OF any names will make a story Of suf-
ficient interest to warrant it's publica-
ton and probably serve as a warning
to some people who might have other
wise been caught.
Some ten days or two weeks ago, a
substantial citizen Of this county re-
ceived a letter from an alleged New
York broker stating that the broker
had inside information of certain SEN
sational operations in the. .cotton mar
ket that were bound to send prices
soaring. and suggesting to the recipient
of the letter that If he were interested
IL would be well for him to write for
information.
The letter was type written and to
the ordinary citizen had the appear
ance of being purely personal and spe-
cial. That is the name of the ad-
dressee appeared in typewriting, and
at the end was the genuine autograph
of the sender. Careful inspection,
however, showed that the body Of the
letter had really been printed or other
wise produced in very nearly exact
imitation Of typewriting and the in
ference was that numerous other cop
les had been sent out to other indlvid-
uals.
The recipient of this particular let
ter had never heard Of the writer of 1t
before, and Notwithstanding the nu-
merous seemingly satisfying references
it contained, he decided that his name
had probably been secured through
reference to some Of the mercantile di-
rectories and it would be just as well
to go slow. He, however, had the
curiosity to write for further informa-
ton, and in reply got still larger let
ter, that was special, personal and Cor
his benefit.
The writer Of the letter represented
himself as having been prominently
connected with the famous Sully boom
Of few years ago, and as having been
included in a strong aggregation re-
Gently organized to repeat that bril-
liant coup on a still larger scale by
forcing the market up three or four
cents a pound. He said that the first
Gate chosen WIS some weeks ago when
they were able to inaugurate a decided
upward movement; but afterward 1t
was thought advisable to wait for a
more propitious time, and that time
was now at hand. The alleged broker
advised his intended victim that he, the
victim might do business through his
own broker; but thought it better that
all accounts be concentrated in a few
hands and gave the names Of people
who were to be relied upon, also a
we'll known New York bank through
which remittances might be sent. For
his own good offices the writer of the
letter was to have 25 per cent of the
net profits Of the deal.
The intended victim Of this cores
pondence is a man who could easily
put up margins against a good many
thousand bales; but he is not the kind
of man to be caught by any such
tricks. He withheld his reply to the
last letter for some days, and is now
writing to the alleged broker to ex-
plain why there has been another such
decided drop at the very time. accord
ing to the previously outlined pro-
gramme, the market was due to go up.