Show I VICTIMIZED BY CLEVER CUVER SCAMP Dr J 1 Grant Lyman of New NewYork NewYork NewYork York Turned a Big Trick in Nevada Gold Camp BAIT EAGERLY SWALLOWED SOME iSOME SALT LAKERS AMONG THOSE WHO NIBBLED Special to The Herald Goldfield Nev Nov SO OA A gigantic mining stock swindle windle from from which l ich Dr J Grant Lyman L man of New York is ls declared to o have realized OCO within wi thirty days was uncovered today by b the arrest of E EH EH EH H Latimer his secretary and a state statement statement statement ment made by Sheriff Bradley that he helas has las wired Instructions to the chief of Po lice Ice at Pasadena Cal Cat to apprehend L Lyman jyman man Creditors from the east cast have been arriving In Goldfield for the past two wo days bent on recovering from Lyman large arse amounts due for unpaid drafts with stock lock attached and the losses of oC indi vidual brokers throughout the country vary ary from in the instance of a Mu MII man to in the case of one broker in San Francisco Salt lake Chicago Milwaukee and New York have havo been the victims of ot a Q fictitious market on a strike promoted by Lyman md and rigged by b him in so o deft a manner as aso to o cozen some Bome of the best known and shrewdest brokers In the United States Soon Got Busy Lyman L man came to Goldfield about two months ago when tho Greenwater copper boom worn had Just started and immediately pulled lulled out in an automobile for Death Valley VaHey Within three days he be returned and over the name of the Union ties ies company announced the incorporation ot of f the Boston Greenwater company pub Icly stating that the property had cost S SO OOOO cash eash and that he was offered JWO tOO for it that Augustus Heinze had sub subscribed subscribed subscribed scribed for worth of ot stock that shares were taken by cooper min lag Ing ng experts in Butte and that the mayor maor of Butte Montana 1 was a director of ot the copper company These announcements I he made in the Goldfield prints and in ad advertisements advertisements which appeared in the large cities clues At the same time he telegraphed to mining stock brokers throughout the union offering them stock In the corpora tion at 37 7 cents per share on their guar guarantee guarantee guarantee antee that they would not dispose of same at less than 45 cents and in these tele telegrams telegrams telegrams grams claimed that John S Cook who is isa isa isa a partner of United States Senator Nixon and George Goldfield in the ownership of ot the John S Sook Cook ook Co bank was of or the Union Securities company Brokers Bit Brokers throughout the country accept accepted ed these options and Immediately com corn commenced commenced to place the stock among their friends and customers As soon as all aU these orders were filled tilled Lyman announced that the issue had been oversubscribed by Sy half hait a million shares Having flayIng milked the public ho then began to handle the brokers He Ho shipped large blocks of stock to confederates in New York Chicago Salt Lake and San Francisco and In Instructed instructed them to offer oCler the stock to these brokers at fifty cents per share CoIncidentally dentally he ho telegraphed each and every everyone one of ot the tho brokers offering them sixty cents a share for all the Boston Green Greenwater Greenwater Greenwater water Copper they could deliver The Brokers fell tell They eagerly gobbled up all allt t thu he e Boston Greenwater offered at fifty Then they attached the stock to drafts and shipped It to the Union Securities company here in Goldfield Payment Refused As fast fa t as IS the stock arrived payment was refused on one ground or another Each broker thinking he was the only one on affected and that there must be some error with institution that had John S Cook at tho the head refusing its drafts com corn commenced commenced correspondence and exposure was In this way delayed For Jor the past three days da s representatives of these brokers and cf of newspapers throughout the union who accepted advertisements without cash with the order ord r have haye piled plIed into town and an investigation and comparison of notes etc ensued On Monday Lyman apparently convinced that the jig was up skipped town announcing that he was threatened with pneumonia and was go goIng goIn going In Ing to San Francisco for medical treat treatment meat ment Located at Pasadena Yesterday he was located in Pasadena Today warrants were sworn out for his arrest and for tor the arrest of ot E H Lati Latimer Latimer mer secretary of the Union Securities company by B H B a Chicago broker whose whoso loss of about 00 Is said to be less than the average Latimer was promptly apprehended and the police se secured secured secured cured the office files of the company as evidence Sheriff Sherif Bradley telegraphed im irn immediately mediately after the warrant was sworn out to the chief of police of oC to apprehend Lyman |