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(pj:k press xs.s >oiATiotf.) London, January 4 Considerable excitement has been oc casioned both at Liverpool and Birmingham owing to doubts having arisen as to the bona fides of Professor Friend's Electric Sugar Company. Shares which were quoted at £120 h»x a tremendsus fall, and are offering at £10. It is stated that only refined sugar was being treated. New York, January 5. Further Revelations m connection with Professor Friend's Klectric Sugar Company provo the whole thing mythical. The discovery was made immediately the secret rooms m the factory m this city were entered after the disappearance of Mrs Friend, who promoted the invention since the death of her husband. The exposure created a complete surprise and shares have receded to 80s.

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Bibliographic details

UNFORTUNATE SHAREHOLDERS, Ashburton Guardian, Volume VII, Issue 2030, 7 January 1889

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UNFORTUNATE SHAREHOLDERS Ashburton Guardian, Volume VII, Issue 2030, 7 January 1889

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