The Savannah morning news. (Savannah, Ga.) 1900-current, December 11, 1904, Page 4, Image 4
4
THE STOCK MARKET HAVING
FITS AND SPASMS
Lawson’s Grand Stand Antics Keeping Wall
Street in a Hubbub.
By W. G. NICHOLAS.
New York, Dec. 10.—The stock mar
ket has become exceedingly flighty and
Is subject to violent nervous spasms
■which carry prices up and down
(mostly down) without regard to legit
imate conditions or excuse. Illustra
tion of this is found In the erratic
fluctuations in Amalgamated Copper,
which was picked out by the eccen
tric Boston operator, Thomas W. Law
eon, as a fitting subject for one of his
gallery plays.
Mr. Lawson is having great sport
with Wall street these days, and opin
ion is mixed as to whether he is cam
paigning on his own account or is
really in secret alliance with members
of the Standard Oil party whom he Is
lampooning in his magazine articles
and through newspaper advertisements.
At any rate Lawson happens at this
moment to be the most talked-about
man in the United States next to
President Roosevelt. He enjoys the
notoriety and is performing to the best
of his ability to retain his place in the
middle of the stage. It is barely pos
sible, as somebody has hinted, that
Lawson is trying to reform the bucket
shops of New England by breaking
them and driving them out of busi
ness. He has said that this is the only
way to effect an enduring reforma
tion.
Semmtioiinl Days In “The Street.”
Despite the flurries many of the
"fancies,” or very high-priced stocks
have had and held sensational ad
vances lately and the same Is true
of quite a list of "cats and dogs,” as
the very low-priced stocks are called,
although some of them broke badly
on the "Lawson raid.” In the great
middle ground the market has shown
a reactionary tendency inevitable to
heavy realizing and profit-taking and
the forced liquidating by the reckless
THOMAS W. LAWSOX IN A FINE! FRENZY.
pyramiders. The bear element appears
to (trow In strength, and four out of
five of the experienced traders in the
Street hesitate to say there will not
be still further shrinkage in values.
A large majority of these same men
who tell you that the temporary ten
dency is likely to be downward for
some time declare themselves to be
bulls on the general situation and pre
dict very much higher prices on the
next upturn than have yet been seen.
Almost everywhere the feeling is deep
seated that the year 1905 will be a
record-breaking period in business
and that every line of industry and
trade will prosper and fatten as never
before. The market is full of sold
out bulls who are waiting a chance
to get back into stocks at lower fig
ures. Many of these begin sparing
purchases at moderate reactions and
buy on a scale down until the selling
fever has spent itself and a turn for
the better takes place. This situation
Is likely to prevent precipitate de
clines or slumps and make the gen
eral reaction, if one should occur, grad
ual. In the natural order of things
prices should begin to substantially
harden in January and then if busi
ness expectations are verified look out
for a boom.
Tendency Toward Low Priced
Stocks.
There is a tendency among many ex
perienced investors to get out of their
Northwestern and trunk line securities
American Club Ginger Ale
Malt Iron Ale
The Twin Carbonated Beverages.
Sparkling. Pure. Perfect.
The Finest Syrups and Extracts Used.
MOST POPULAR
Willi lliONf- wlo appreciate l*urr Relli-loim IteM-rage*. It<*rn>liiii( nml
KtlmiilMtliig. ><•! liurntlnaa. Tin* I’un'nl nml Beat Ifrlnka over holil.
DrtaU AMI.I(H AN Clil’U UINURIt AMI mid MAI.T IRON AUS and
lirrp liapp).
VIM! VIGORI VITALITY l
Ktrni(ilien* mihl hulld* ii|t dll’ system,
I w •nli- Ml Mil *kmlm I ouiiU Mild J-iim r liHKfrii'i.
KALOLA COMPANY,
Mild, OHXKM ANU IMMIRim I'OltM,
ai'W Ami miwii hvm, . * • * • aihiiiiili Om.
A• A. 10(1 Milt, I'll* Irwlikul and Ovin ial M*uag<r,
and into the low priced stocks of
Southern and Southwestern roads. This
shift is based on the theory that the
Northwest has had its growth, so to
speak, and the great increase in pop
ulation and exploitation of resources
for the next few years will be in the
South and Southwest.
One large Investor not long ago sold
out his holdings In Northwestern, St.
Paul, New York Central, Pennsylvania
and New Haven and put his money
into Rock Island common, 'Frisco
common. Southern Railway, Southern
Pacific and some of the Gould Issues,
confining his investments largely to
properties lying within the territory
south of Kansas City and Denver and
west of St. Louis and New Orleans.
He expressed the opinion that within
the next ten years the population of
that section would Increase 50 per cent,
at least, and that that would be only
the beginning of the development of
the country. He had much to say
about climatic advantages, and dwelt
on the fact that in the matter of soil
and other natural advantages, the
South and Southwest were equal, if
not superior, to the Northwest, with
everything in favor of diversified crops
and immunity against losses incident
to more northerly climes. Official sta
tistics—national, stajte and local—all
go to confirm the theory that the
great growth of the country in the
next decade will be In the Southwest.
ItesiNtence to L. Jt X. Lease of X. C.
A St. 1..
It is said that legal resistance will
be offered to the plan proposed for
leasing the Nashville, Chattanooga and
St. Louis to the Louisville and Nash
ville, on a 7 per cent, basis, the mi
nority Interests contending that 10 or
12 per cent, should be paid if any deal
is entered into. The property is eurn-
Ing 2j per cent, on its capitalization
and minority stockholders do not pro
pose to be chiseled out of their rights.
Louisville and Nashville owns about
*8, 000, 000 out of the $10,000,000 share
capital of the company, and would
make a huge profit over and above
the guarantee if a 7 per cent, deal
could be put through successfully.
Leather's Eight l*er Cent.
Only for one year in its history has
United States Leather been able to pay
the full 8 per cent, dividend on its
preferred issue of $83,000,000, and it Is
at the present time barely earning 6
per cent. There has accumulated a
deficit of $25,000,000 on acocunt of un
paid dividends on preferred stock, and
this great sum is to be in some way
refunded or put in tangible form. By
some mysterious method of reasoning
the proposed reconstruction of the
finances of the company is figured as
advantageous to the common stock,
although dividends on that issue are
as remote as the coming of the mll
lenium. There has been feverish spec
ulation In “little Leather’’ and large
sums of money have been won and
lost In the price fluctuations. John D.
Rockefeller, Jr., who has gone abroad
to recover his shattered health, must
have left behind him some market
medicine that workß while he rests.
The wise old boys of the “Swamp”
have been steadily selling Leather pre
ferred on its rise from 80 to 106. The
“Swamp" is that section of lower New
York In which centers the leather In
dustries of the East. The two leatjier
trusts have their headquarters there
SAVANNAH MORNING NEWS: SUNDAY. DECEMBER 11. 1904.
CONSUMPTION CURED AT HOME.
“Keep the System Toned Up
with DUFFY’S PURE MALT
WHISKEY, and Any Case of
Consumption Can Be Cured and
Prevented,No Matter Where You
Live or What Your Occupation.”
“It’s Unsatisfactory, Cruel and
a Mistake to Send the Afflicted
to California, Colorado, Etc., in
the Delusive Hope of Recovery.”
“The Fight Must Be Made
Right at Home Where the Dis
ease Started.”
So Agree Lung Specialists At
tending the Medical Association’s
Convention at Atlantic City.
Dramatic Agent Putmon
Thankfully Tells of His Provi
dential Recovery by Duffy’s
Pure Malt Whiskey.
MR. C. PUTMON —Cured of Consumption by Duffy’s Pure Malt Whiskey.
“I was flat on my back in Cincinnati. It was after ten long, hard months on the road as advance agent for
theater companies. I had to be up early and late, exposed to all kinds of weather; often soaking wet and chilled
to the bone. My system could stand it no longer. I caught a heavy cold and it settled on my lungs. Doctors dosed
me as usual, but I was steadily going to a consumptive’s grave.
"An old actor friend recommended Duffy's Pure Malt Whiskey. I tried it. Felt better the first week. In two
weeks doctor said heieedn't call again, to keep on taking ‘Duffy’s’ and I'd so.on be cured. And I am cured;
strong, husky, never better in my life, and it took only four bottles. Have come through another season in per
fect shape.”—C. Putmon, care Billboard Publishing Company, Cincinnati, Ohio. July 30, 1904.
DUFFY’S PURE MALT WHISKEY
Consumption seldom attacks until the system is run down and weakened by sickness, overwork, worry, ex
posure or inherited tendencies. The secret of the marvelous success of Duffy’s Pure Malt Whiskey in curing and
preventing lung troubles lies in the fact that it’s the greatest strengthener and health builder known to medicine.
It not only checks the ravages of the disease itself, but replaces the weakened, destroyed tissues; helps the stomach
to more perfectly digest and assimilate food in order that more, richer, and purer blood will come from it; and
regulates and governs the heart’s action, so that the circulation will be strong and powerful, carrying health and
vigor to every organ and part of the human body. The idea that a consumptive’s only chance for life is to send
him to Colorado or California to fret himself to death was effectually exploded at the Medical Association’s Con
vention, a few months ago at Atlantic City, where leading consumption specialist declared that the only successful
place to treat lung troubles was right at home, where the disease originated, and that Duffy’s Pure Malt Whiskey
is the most effective means of fighting this awful scourge to the human race.
Duffy’s Pure Malt Whiskey is absolutely pure and free from fusel oil—the only whiskey recognized by the
Government as a medicine. It has been prescribed by doctors of all schools and sold by reliable druggists and
grocers everywhere for over 50 years. SI.OO a bottle. Every testimonial is published in good faith and guaran
teed. Medical booklet free.
CAUTION —Be sure you get the genuine Duffy’s Pure Malt Whiskey, manufactured by Duffv Malt Whiskey
Cos. Rochester, N. Y„ and put up In sealed bottles, with the “Old Chemist” trade-mark on the label. It’s never
sold in flask or bulk. Beware of the many substitutes and Imitations offered by unscrupulous dealers, because of
the extra profit. They not only will not cure, but are positively dangerous.
and within a radius of half a mile are
located two or three hundred independ
ents with their sales agencies and
their offices and warehouses. The men
in that section have been large hold
ers of Leather preferred for many
years, but they are taking fright at the
schemes being organized for a read
justment of the finances of the cor
poration and are getting out. The
"Swamp" derives Its name from the
fact that in early days of New York
the neighborhood was monopolized by
tanneries. It was very low ground,
and the name then given it has always
stuck.
Control of New York City Railway
Lines.
The maturing plans for concentration
of the passenger traffic of Manhattan
and the Bronx looks to the lodgment
of control of the elevated, subway
and surface lines with the Metropoli
tan Securities Company as the hold
ing corporation. The remaining 50 per
cent, of the capital stock of the Met
ropolitan Securities Company will be
paid into the treasury of the com
pany which will then formally take
over the Interborough, which now owns
control of the elevated and subway
lines. The share capital of the Met
ropolitan Securities Company will be
increased and eventually that will be
the only traction security traded In
on the Exchange, excepting, of course,
Brooklyn Rapid Transit, which may
remain Independent.
The deal will strengthen the 7 per
cent, guarantee on Metropolitan Street
Railway stock, which Is likely to ad
vance to the neighborhood of 150, if
not to a parity with Manhattan, al
though it is now notoriously not earn
ing the 7 per cent, dividend guaran
tee. The combination, however. will
be in control of the whole nlckle-in
the-slot transportation game of Man
hattan and the Bronx and through its
various lines will do all the passenger
business and reap every benefit from
the extraordinary growth in popula
tion in the years to come. It is a
magnificent scheme and In the very
nature of things must- eventually pay
enormous profits on the huge capital
represented. August Belmont and
Thomas F. Ryan will be the control
lng spirits of the combination.
It has taken years to bring about
this stupendous consolidation, and al
though the end has been in sight many
times, something has always cropped
up to block it. This time, however,
the deal seems to be practically com
pleted along the plan above outlined.
Wall street and the newspapers have
been kept guessing as to the real in
side of the plans and It may be some
little time before official announcement
is made.
Pac-lflc Mail's Contract,
Washington dispatches are in confir
mation of the story published exclu
sively In these letters of the efforts
made by the William Nelson Crom
well combination and the Harriman in
terests to secure an extension of the
Pacific Mail’s contract for a mono
poly of the through ocean business
of the Panama Railroad Company now
owned by the United States govern
ment. The additional information Is
offered, however, that the matter has
been brought to the personal attention
of the President and that he being
strongly urged to veto the scheme
for an extension of the contract, on the
ground that the government should not
become a party to any deal which
would result in restriction of trade.
It is possible, therefore, that the
CromweU-Harriman combination may
get a back-set Instead of pulling off
the contract which they have beeen
moving heaven and earth to win.
Small Banks Png Well.
The little banks throughout the
country ure punning out remarkably
well, contrary to the expectations of
experts. When Congress authorised
the formation of national banks with
g capital of $25,000 the financial wise
acres predicted that they would not
aland the test, and that In the hands
of farmers, who would own and run
them they would go to plecas. Ex
pertence shows that farmers acquaint
ed with local conditions are quite us
ia pa hie of running banks as the big
I fellow* In Wall streot. A surprising
ly small percentage of these minor
bank* have gone wrong which speaks
II well of the financial ability and level
hradeduoM of the H*uben finale lei*.
Alfsif* oj g facial decoration la pot
seemingly a sure sign of fiscal im
becility.
The Biographical Sketch Graft.
The financial district has been again
Invaded by a horde of biographical
sketch grafters. These people ara
working overtime on the rich men of
Wall street, to get them for magazine
sketches, books about self-made men
and various publications of the sort
which are ever in preparation, but
which rarely appear. The device em
ployed by these people are many and
ingenious. The game gives support to
a dozen or more grafters, and among
the number are some who are said to
make from $15,000 to $25,000 a year.
Borne years ago a bureau was organ
ized to protect the rich men against
these fellows and. although considera
ble good has been done the work still
goes on, and the grafters contrive to
avoid the vigilance of the sleuths. The
assessment on individuals ranges from
SSO to SSOO.
Speculation In Specialties.
Speculation is extending to the spe
cialties and to commodities. The “cats
and dogs" in the stock list are experi
encing wild gyrations, and a good
many operators are becoming timid
and going into other things. A great
deal of money has been made In the
Wall street district lately on the break
in cotton, the “talent” having general
ly arrayed itself on the bear side. Oth
er stock players have closed out and
gone Into grain, taking the bull side
of both wheat and corn.
VANDERBILT GENEROSITY
TO YALE COLLEGE.
Frederick W.’* Gifts to It Foot Up
f 1,000,000.
New York, Doc. 10. —Here's a Van
derbilt story, but the hero of it is
neither Cornelius 111., who married
Grace Wilson and lost the headship of
his family; Alfred GWynne, who in
consequence has the headship, nomi
nally at least; nor Reginald Claypool,
who lives in Newport because he
doesn’t want to come to New York
and be questioned about his gambling
experiences. The hero of this story
is Frederick W. Vanderbilt, uncle of
all these young men, and President
Hadley of Yale is mixed up In it.
Jt appears that, soon after Hadley
was made president of the big New
Haven university, half a million dol
lars was wanted to put up some new
buildings. Hadley started out to get
the money, but he wasn't very success
ful. Finally, in despair, he went to a
friend and told him the scheme was a
failure; that Yale would have to give
up the proposed additions to her
buildings.
The friend looked at the subscrip
tion paper and saw that less than
SIOO,OOO was subscribed.
“Let me take that paper, Arthur,"
IT WAS NO DRKAM
Even Though Nearly Incredible.
"For twenty years I suffered with
piles, sometimes being confined to my
bed for days at a time. The relief
receUed from doctors, both In the
United States and Mexico, was tem
porary and more frequently I received
no relief; other medicines had no ef
fect; it was a continual drag; I was tit
for nothing. I finally tried Pyramid
Pile Cure; tlrst application was mag
ical; I could not believe 1 was awake
next morning. I experienced a relief
I had not known for twenty years.
"One box cured me. but not believ
ing myself cured I bought two more
and they are still In my trunk. I first
used this remedy In July, 1802: HAVE
HAI NO OCCASION TO USE IT
SINCE. The world should know of
Pyramid Pile Cure. I have no worda
to express Its merits.” K. A. Leon
ard. Nueva Calls de Han Antonio de
laa Huertas No, 8, City of Mexico.
Pyramid Pile Curs la In the form of
a suppository, which la admitted to bs
the best form of treatment for piles;
H cornea In direct contact with the
painful tumors and does Its work
quickly and painlessly. It Is sold by
druggists gem rally, for fifty cants a
package, and there U no other remedy
''just os good.” Write Pyramid Drug
Cos., Marshall. Mich., for their little
booh describing the cause and cure of
piles, as It Is ssnt free for the asking.
said he. “You haven’t gone at It
properly. You must get one man with
plenty of money and a good big name
to give a solid, respectable sum. After
that, other men with money will tum
ble over one another to come in.”
“But how can I do it?” asked Had
ley anxiously.
“Leave it to me,” said the friend,
and Hadley did so gladly.
The next day the friend chanced to
meet Frederick W. Vanderbilt, lo
him the situation was explained with
the statement that President Hadley
would be Rind to have him head the
subscription. Mr. Vanderbilt said he
would be honored and promptly wrote
himself down for $100,900. After that
it was plain sailing.
This story has a sequjgl. Frederick
W. Vanderbilt had been a student at
the Yale-Sheffleld Scientific School.
One day when at New Haven the dif
ference between the Sheffield and
academic students was particularly
borne in upon him.
Thinking the situation over careful
ly, he arrived at the conclusion th’at
the trruble was due, at least partial
ly, to the fact that the Sheffield stu
dents had no dormitory and so were
obliged to live where they could—at
b larding houses or lodging houses,
taking their meals at restaurants or
"table board” places. So he went to
the Yale authorities and proposed a
dormltoiv for Sheffield students. They
agreed as to its desirability, but wan
dered where they v could find the
money.
Vanderbilt then told them to en
gage the services of the best architects
and have the plans drawn. When
these were satisfactory to the uni
versity the dormitory was to be built
and the bills sent to him. But, he
stipulated, as he did when he gave the
SIOO,OOO, that his rtame was not to be
known; the dormitory was to
be considered from an "unknown
donor."
By the time the dormitory was
finished Mr. Vanderbilt’s expenditures
for Yale, including the SIOO,OOO con
tributed previously as noted above
had aggregated quite $1,000,000.
Duane.
SENATORS DIDN’T LIKE THE
“DINKY CONSOLIDATED.”
So the Railroad Whs Ordered Re
moved from the Capitol Grounds.
Washington, Dec. 10.—Senatorial
dignity has been offended by a minia
ture raliroad traversing the Capitol
grounds and carrying dirt from the
new House office building to the foun
dation of the new Pennsylvania Rail
road station. And the offense is to
be stopped forthwith.
This little line, known as the "con
solidated Dinky Railroad,” was laid
out across the east front of the Capitol
grounds this summer to carry away
the excavations of the House building,
and a long haul by cart was thus
avoided. Two or three little engines
are constantly puffing back and forth.
A ha’f a dozen senators conversing
In the lobby wing agreed that this
puffing constituted a nuisance, and the
road Itself was pronounced a blot on
the landscape. Accordingly, Supt. El
liott Woods, of the Capitol building and
grounds, was summoned, and a brief
conference rosulted in a peremptory
order to have the road removed at
once. Mr. Woods notified the con
struction company doing the work, and
the order went forth that the road
be removed.
New I.lfe Raft Invention.
New York, Dec. 10.—When the Sa
vole, of the French line, returns from
Havre she will bring a boat raft, in
vented by Harry Matson, the chief
steward, who believes It will taka
front rank among the many appliance*
to abl safe travel on the sea. Mr.
Matson stall* that by a Isvcr on the
bridge the officer In commsnd can In
stantly release all of the life rafts
on ons side of the ship, the supports
being removed slmultam ounly.
Two cylinders of galvanlxed Iron,
more than right fret long, and fitted
with numerous watertight compart*
meiits, foim the buoyant aides of the
rail, and two side compartments s*<h
bold slatv-lwo gallons of fiesh water
and a quarter of a ton of provision*.
Th* raft will support slaty prisons.
Uncle Mingo on the
Railroad Tichet Question
By W. T. WILLIAMS.
”De railroad people appears to be
habin a whole lot o’ trouble on de
subjec' o’ dem little checks wat de
conductor gibs a feller to stick een his
hat to show dat he done pay his fare,”
observed the waiter.
“I notice dat,” said Uncle Mingo;
’’an’ I see een de paper how it say
some cote or udder up Nort’ gib a man
damages for bein’ put off de train
cause he didn’t had no hat check wen
de conductor pass troo de car an’ In
terview him ’bout de same. De feller
bring witness to prove he pay his ticket
to de conductor, but he say he nebber
care to bodder wid no hat check, an’
so he jis chuck it out de winder ker
flip, an’ away she flew. It seem de
cote hoi’ dat so long as a feller shell
out for his fare, de railroad ain’t got
no right to insis’ dat he wus hoi’ on to
no hat check, an’ dat by de ae’ ob
wiolence an’ fo’ce ob arms, de said
railroad had commit a ac’ ob mister
demeanor contrary to de peace an’ good
will ob de public, accordin’ to de stat
utes made an’ perwlded, state an’
county afo’said.”
“Dat recision ob de cote,” put in the
proprietor of the restaurant, “sholy ap
pears to carry on de face ob de same de
weight ob soun’ness an' good argymen
tation. For sich or sich a sum o’ cur
rency ob de nation, de railroad con
trac’ to haul de body an’ de pusson ob
de said passenger an’ likewise sich
baggage an’ ’quipments as he might
be perwided wid, if any, on de said
’casion, for sich an’ sich a distance. I
don’t see no jestice een fo’cln’ a man
to pay twice, or udderwise 'resortin’ to
de medger ob rejec’ment from de
train.”
“Nebberdeless howsomebber,” said
Uncle Mingo, “dem werry same little
hat checks has beeen de cause ob wari
ous kin' ob trouble on de train.
“De udder day a drummer feller was
cornin’ to town, an’ he had pay his
fare out ob de little mileage book wot
he always carry roun’, an’ so he could
show he had done paid by cje num
ber on de ticket. Well, a feller git on
de train at some way station or udder,
an’ he git to talkin’ to de drummer
feller; an’ een cose ob de conversation
he pass de remark dat he jis’ had to
git to town dat night, but he didn’t
had no ticket nor neider no money to
buy one, an' he didn’t know wot to do,
’cause he was ’fraid de conductor would
put him off.
“ ‘Don’t you worry ’bout dat,’ say
de drummer, ‘l’ll fix you. Jis’ put dis
check een your hat,’ an’ wid dat he
gib him his hat check.
"Well, w’en de conductor come ’roun’
cose he pass de feller wid de hat check
all right, but he bone de drummer, wot
nebber had no hat check no mo’.
** ‘Tickets!’ he say, holdin’ out his
han’.
"The drummer rouse up. ’I done
pay my fare out my mileage book,’
he say.
” ‘Den w’ere is your hat check?” say
de conductor.
“ ‘Blame de hat check,’ say de drum
mer, 'you kin see by de number dat I
done paid, an’ I sho don’t in ten’ to pay
ober again.’
“Well, de conductor up an’ run an’
cuss an’ prance aroun’, but de drum
mer could show he done paid, an’ so
dere wasn’t nothin’ to be did, an’ dey
all bot’ come troo all right.
IS THE CAME OF POKER
A GAME OF MERE CHANCE?
Local Opinion Differs With That of the Berlin
Judge.
Is the great American game of poker
a game of chance or skill?
Over in Berlin, the Minister of Jus
tice of the Grand Duchy of Oldenburg,
accused of being a gambler, declared
that since being appointed to the of
fice now held by him the only games
in which he had participated were
“scat” and occasionally poker.
He asserted that he could not he a
gambler because these were not games
of chance, but of skill. The Judge be
fore whom the case was called decided
that poker is a game of skill and that
the Minister of Justice was not a gam
bler.
Expert testimony on the subject is
divided. Some declare that the Judge
Is right; others declare that the game
is one of chance.
There are many devotees to the fickle
Goddness in Savannah who pursue
their inclinations around the poker ta
ble. Names of those who might con
tribute interesting dissertations on the
question which has been raised in Ber
lin would look well in this connection
to all save the owners.
One prominent Savannahlan, who
plays the game purely for the sport
there Is in It, enjoying a 10-cent limit
Just as much as table stakes, having
written a rubyiat on poker, is consid
ered by his friends an expert on the
subject—not because he wrote the ru
byiat, but because he has In his library
three handsomely bound volumes en
titled, “What I Know About Poker,”
with his name inscribed as author. He
agrees with the Judge who presided at
the trial, caring nothing for the fact
that the pages of the three volumes
are blanks.
‘•A Learned Jadae” Maya This One.
“Poker is undoubtedly a game of
skill,” said this gentleman. "Of course
there Is an element of chance, as there
is in all games, but only the foolish
player reduces the game to one of
chance.
“Poker Is the most scientific game
ever invented. Of course, there are
Rich hnoiion oi Desirtie Holiday Gills mtraeiiveiy Piiced
I FROM THE LADIES' DEPARTMENT
I Velvet House Shoes, far trimmed, fleece lined, leather soles 98c
I Felt House Shoes, all colors • 7B C
I Walrus and Plush Hand Bags - -25 cto $1.50
I Leather, Kid and Silk Belts .... 25c to BO
I Holiday Handkerchiefs of all kinds - . • gc to 50 '
FROM THE MEN’S DEPARTMENT
I Silk Neckwear all styles 25 i * Silk Handkerchiefs 25° I
I Japonette Initial Handkerchiefs • . . - |Q I
I Leather Collar and Cuff Boxes .... jSe
I Silk Suspenders • 50c Fancy Lisle I-a Hose 2§<
I Kid Gloves ........ Tif
I Many new novelties on display In all departments to-morrow.
I *•*' ehon *Bl Tha Undsrsaillni flora. Ca. Phone IfO
1 !• T. COHEN’S SONS, 215 Broughton St., We it
“Anudder time a feller was trabeMn*
on de train widout no ticket an’ neider
no money, an’ he had a shabby ole hat
on. ,
"Bumbye de conductor come troo de
car hollerin' out ‘Tickets!’
“Well, sah, de feller had git very
much insorbed een ’zaminin’ de scen
ery troo wich dey was flyin’ at de rate
of fifty mile a hour, an’ he nebber
had no ’tention to gib de conductor
nohow. He was for all de worl* like
de feller een church wot wlgorously
looks aroun’ de udder direction wen de
deacon pass ’roun’ de hat.
“So de conductor holler ’Tickets!’
again werry loud, an' lean ober an’
push de feller on de 6houlder.
“De feller gib a jump, he was dat
startle; he knock his hat off ’gains’ da
winder, an’ away it gone a flyin’.
“ ‘Wot’s de matter?’ he say.
" ’Tickets!’ say de conductor.
“ ‘Wy,’ say de feller, ‘yonder is my
ticket een my hat wot you has jis
knock off my head. Wot right you got
to startle a man so?’
“Gee! he was madi A bran new
hat, he say, wot he had jia’ pay flbe
dollars for. An’ now here he was,
widout no hat none ’tall.
“Well, cose de eonduotor was werry
sorry, but he couldn’t stop do train an’
go back to pick up a hat. De feller
snorted aroun’ an’ raise sich a fuss on
ten de conductor had to han’ him ober
a flbe dollar bill to buy anudder hat
wid, let Tone gibin' him a free ride.”
‘‘All de same,” said the waiter, “it’s
goin’ to ba werry hard for de conduc
tors to know who has paid an’ who
hasn’t, if ley don’t hab no mo’ hat
checks to tell by.”
“O, I dunno,’’ said Uncle MJlngo;
“dere's plenty ob udder ways o’ doin’.
Wy don’t de conductor stan’ at de do’
ob de car an' not let nobody go een
ontell dey gibs up de ticket?
“Spose you goes to a show; don’t
you hab to gib up your ticket at de
do’ befo’ you go een? Wot a fine ting
it would be if ebblebody jis’ pile een,
an’ de ticket takers had to pass troo
an’ collec’ befo’ de performance an’
between de acksi”
“Don’t you tink.” said the waiter,
“dat de trabelin’ public might consid
er sich a change as mo’ or less ob a en
convenienee?”
“I don’t see wy dey should,” said
Uncle Mingo. “I don’t see wy a feller
should objec* to plankin’ out wen he
gits aboa’d.”
times when, in the course of a game,
one man at the table wins pot after
pot. It is not good playing on hie
part. His luck in drawing cards is
such that the other players become
frightened.
“Then appears the skillful player. He
has nothing in his five cards, but he
has studied the man with the luck. He
raises the bet, having watched his op
ponent's style of play, and concludes
that he has shot his bolt. His oppo
nent fails to call the raise, and in
scooping in the pot the good player
shows that he held the losing hand.
That is not chance. That is a case of
skillful playing,
“I learned to play poker in a club.
I never had a winning night, and one
night I was told that my game was
too liberal for the other players. I
guess it was. for after that I learned
poker sense. If I thought I was beat
en my hand went Into the discard.
“All I can say about the case in
Berlin is that the poker players in that
city are to be congratulated upon hav
ing so learned a judge. They ara also
to be congratulated because they have
a Minister of Justice who has mas
tered the Intricacies of our great Amer
ican game and who is convinced that
it Is a game of skill and not of
chance.
An Instance to the Contrary.
The curator of the Morning New*
“dope" bureau, disputes the learned
Judge in Berlin. According to him
poker Is a game of chanoe. And he
can produce the proofs to bear it out.
With three queens pat, his only
opponent was a man with a split
straight, which could be filled only
by drawing the case queen. What was
the result? The man with the spilt
straight, who, under all the rules of
poker, should have tossed his cards io
the discard, drew the case queen, and
Exhibit A melted away. Tne curator
never will agree with the decision of
the Berlin Judge. Poker to him Is
a game of chance, not of skill.
He has a worthy necond in an out
of-town gamester. Didn’t O. of T.
Man once hold four aces pat 1n a table
stakes game? After driving all the
players but one out. didn't one player,
whose stake was represented in the
center of the table, stick, and to A
nine of diamonds, didn’t he fill *
straight flush, thereby beating the fou*
aces?