> » i i i 
506 
April 1, 1922 
‘Ihe RURAL NEW-YORKER 
PUBLISHER’S DESK j 
All letters to Publisher’s Desk depart¬ 
ment must be signed with writer's full 
name aud address given. Many inquiries 
are answered by mail instead of printing 
inquiry and answer, hence unsigned let¬ 
ters receive no consideration. 
S. E. J. Cox, the notorious oil pro¬ 
moter of Houston. Texas, is under arrest 
by Federal authorities charged with 
fraudulent use of the mails in connection 
with selling worthless oil stocks. He is 
charged with swindling investors out of 
more than a million dollars, aud those 
having knowledge of his investment 
schemes place the figure at double this 
amount. Among his promotions used in 
swindling the public are Prudential Oil 
Company, Prudential Securities Com¬ 
pany. General Oil Company, Cox Realiza¬ 
tion Company, etc. As a schemer to get 
other people's money Cox seems to have 
no peer, except E. G. Lewis. Financial 
World, is entitled to great credit for per¬ 
sistently warning the investing public as 
to the swindling nature of Cox's opera¬ 
tions. Publisher’s Desk, too, has done 
its share in exposing the fraud. We 
hope Cox's career as a get-rich-quick 
promoter may be at au end, but the les¬ 
son to be drawn from bis career is so 
plain that all who run may read—the 
danger of 
schemes. 
investing 
"wildcat" 
The Kelsey Motor Company, Newark, 
N. J., takes exception to our remarks iu 
October 15 issue that the company seems 
to have no established financial rating. 
November last Rradstreet’s did give the 
firm a *‘C” credit rating, which means 
a credit standing of $5,000 to $35,000, 
that the company so rated is in good 
business standing, prompt pay, etc., and 
Rradstreet’s now give the firm a rating 
of “$150,000 to $200,000 second." We 
find that ic is also the fact that Dun’s 
September hook gives the company a 
rating of $75,000 to $100,000. and that. 
Dim now rates them “from $125,000 to 
$200,000 good.” The company also ob¬ 
jects to our reference to the “friction 
drive" principle which is used on the 
Kelsey car. It is claimed that the fric¬ 
tion drive on this car is very superior to 
the old stylp friction drive previously in 
use on automobiles, that it eliminates all 
chains and transfers the drive direct from 
the engine to the rear axle and, further¬ 
more. that it is covered by a United 
Stales patent issued to C. W. Kelsey. 
The Kelsey drive may be all that is 
claimed for it, hut in onr opinion it must 
be regarded as an "experiment" until it 
has proved its worth. We are glad to 
make this statement for the benefit of 
the Kelsey Motor Company, but this is 
not to be considered as modifying in any 
way our judgment as to the undesira¬ 
bility of the stock of the company as au 
investment for farmers’ savings. 
I enclose a letter from Federal Stock 
Food Company. Mifflinburg, Pa., and 
would be pleased to have you give me a 
report on this firm, if possible. I have 
received several of these letters, and 
would like to know if they are in the same 
class- as the firms you have referred to in 
your paper. c. H. w. 
New York. 
The company in the letter enclosed 
claims to he the originator of the selling 
plan which includes an indemnity guar¬ 
antee of live stock to farmers feeding their 
products. We should designate the com¬ 
pany as the originator of this form of 
"sucker bait.” The conditions under 
which the stock owner would have a claim 
are practically impossible to comply with, 
or, at least, no farmer would be likely to 
comply with them. We never heard of 
a claim being made against this company 
or others selling stock conditioners under 
this plan. The company holds out big in¬ 
ducements to salesmen or "local manag¬ 
ers,” including a Ford automobile "free,” 
but we suspect the local manager will 
have to earn the car before he gets it. 
The Guarantee Food Company of the 
same place is owned by the same party, 
and neither concern merits the endorse¬ 
ment of The R. N.-Y. The latter concern 
applied for advertising space during the 
past. Fall, and was politely informed that 
the advertising was not desirable. 
I shipped Abderhalden & Weiland, 415 
Hoboken street, West Hoboken, N. J.. 
also 1115 Summit avenue, Jersey City, 
N. J., a case of eggs on June SI, aud an¬ 
other on June IS. valued at. $10.50 each. 
They owed me a bn la nee previously, and 
sent a cheek for it, but they now claim 
that it covered payment, for these two 
shipments, and from the statement en¬ 
closed you will see that, they have not 
included it, as this check was for ship¬ 
ments of May 25. and May 28, and June 
3. Can you help me out? w. M, 
New York. 
We are sorry that we cannot help the 
subscriber. The express company showed 
delivery of all shipments to Abderhalden 
& Weiland, but they insist that the ex¬ 
press company record is incorrect, and 
again insist that their previous check 
paid for these shipments. It does not 
agree with the record, but it. is impossible 
to get the concern to acknowledge their 
responsibility or admit that they have 
made an error, and our other readers will 
be glad to have this record for their own 
benefit. They will not want to make ship¬ 
ments to a concern with a record of this 
kind. 
Inclosed please find statement of the 
affairs of the Little Wonder Stove Com¬ 
pany. Detroit, Mich. E. B. w. 
New York. 
For Ihe benefit of other creditors who 
returned unsatisfactory stoves and were 
unable to get adjustments, we will say 
that the inclosure is the notice of the 
bankruptcy of the Little Wonder Stove 
Company on February 1, 1022. 
Will you advise me whether the firms 
whose advertisements I inclose are re¬ 
liable? F. A. K. 
Virginia. 
The advertisements are of two so-called 
schools which propose teaching watch re¬ 
pairing by mail. We do not believe such 
subjects can be taught by mail with any 
degree of efficiency, and we therefore re¬ 
gard the advertisements as "easy money” 
fakes. 
It is never too late to thank a good 
friend, and I wish to thank The R. N.-Y. 
I wrote and asked about the Auto Sup 
ply chain stores, whether they are relia¬ 
ble for investment, and your answer was 
satisfactory, that it was not. a desirable 
proposition. Since, we read in all the 
papers that the company "went up” and 
all stock buyers lost their money. I am 
glad we did not take any shares. Many 
people around Egg Harbor were “stung” 
with four shares for $200. MRS. L. M. 
New Jersey. 
It is always gratifying to know that 
our advice has saved country people from 
losing their hard-earned savings. The 
advice given this subscriber by letter was 
published in this department, so that 
every reader might have profited by it, 
and we hope all did. But the point that 
should always be kept in mind is that 
stocks sold by salesmen iu the way the 
stock of this Auto Supply company was 
marketed, are always dnnpcrous. 
Can you give me any information as to 
the reliability of the Magic Egg Tester 
Works, Buffalo, N. Y.? U. G. F. 
New York. 
With view to indicating the fertility of 
the egg, the tester is a fake. It only 
shows the specific gravity of the egg. 
which indicates, in a measure, whether 
the egg is fresh or otherwise. 
I answered an advertisement in regard 
to writing letters for a firm for $35 per 
thousand; but. I must send $5 for the 
paper. Am inclosing letter. Please advise 
nie. Are they reliable or not? R. w. 
New York. 
These "letter - writing schemes” are 
about as contemptible as any we run 
across. This woman is asked to advance 
85 for 1.000 sheets of paper and copy a 
form letter. She is to receive $35 per 
1.000 for copying the letters. All the 
propositions of this kind which we have 
followed up have eventually developed 
into the party copying the letters, mailing 
them also to lists of names in the commu¬ 
nity. aud a percentage to he paid on all 
orders resulting from these letters. The 
letters are usually soliciting orders for 
patent medicines or other unworthy com¬ 
modities. We therefore advise our people 
to avoid all letter-writing "work at home” 
schemes. 
Marjorie’s little brother asked what 
she had learned in Sunday school. 
“Well,” she replied, “I learned that all 
our days are numbered.” "Pshaw!” ex¬ 
claimed the little questioner, “I think 
that anybody who over saw a calendar 
would kuow that.”—Credit Lost. 
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