THE DWARF,

GREAT NORTHERN;
LORD HAWTHORN,
FLYING DUTCHMAN;

STANLEY,

DONCASTER SPRING HANDICAP;

With nearly every other winner at York and Newmarket.
We defy contradiction, and court inquiry.

RESULTS OF LATE MEETINGS:

Each £10 investor at York was remitted by Friday's post (May 12) 108 nett winnings.

Each £5 investor at Doncaster was remitted by Monday's post, £85. Being exclusive of stake and nett return after commission (5 per

cent.) had been deducted.

Newmarket accounts and winnings were forwarded by Tuesday's post, May 16.

Gentlemen of capital and backers of horses can now judge of the intrinsic value of this infallible system of backing our Final Selection at the post.

MESSRS. BALLIEE and WALTER will continue their highly

at the

successful system of DISCRETIONARY INVESTMENTS

EPSOM MEETING,

where they personally attend, and as such a great influx of business is expected during the Derby Week, they have engaged three extra Commissioners to assist them in carrying out the system, and again are sanguine of realising a gold-achieving victory.

AT EPSOM MEETING LAST SUMMER, SEASON 1870, Each £25 investor was returned £703 nett Winnings, in addition to stake deposited.

Each investor of £20 in 1868 realised £487.

The above sums were paid to each investor of the specified amounts, and this season we with confidence assert that the investments will be more remunerative to the investor.

The Oaks this season will be won by, comparatively speaking, an outsider. Last season's subscribers will remember our warning them against Hester, and we assure our readers that Hannah will, like all the Baron's favourites, be doomed to defeat. A clever Northern division have a filly the beau ideal of Blink Bonny, as being tried a 7tb better animal than Bothwell, and with health must win the fillies' race

in a canter. The owner most unfortunately omitted to enter her for the Two Thousand and Derby, or we should have seen her credited with the first-named event, and first favourite for Blue Riband honours.

SEVERAL RODS ARE IN PICKLE

for the minor events. Particulars were given in our last week's Circular (May 12), and even at this distant period we are enabled to predict the success of six certain winners.

HAVING HORSES OF OUR OWN, and others identical with our interests, running at this meeting, coupled with the important commissions we have the working of at EPSOM.

Our knowledge of market movements, the intimate terms we are on with the various owners, jockeys, and trainers, our social position with the élite of the racing world, enables us to ascertain the intentions of other owners and the chances their respective candidates possess― information far beyond the reach of other advertisers.

This is by no means all; we merely pause to take breath and recover self-possession, after a steady perusal of Mr Walter's benefactions. It is noticeable that the standard of verse employed by these philanthropists is about on a par with their standard of morality. It seems wonderful that any sane person should believe in the existence of a certain guide to the winning-post, and the idea that, if there had been such a thing, Messrs Balliee & Walter would have assuredly used it for themselves alone, never seems to have entered into the heads of their victims, at all events until too late. After the vaunt about position and information, the intimates of "the elite of the racing world" go on :

MESSRS. BALLIEE and WALTER, alone of all firms that un

dertake Discretionary Investments, are to be seen personally in the Ring, and they wish to draw the attention of Turf speculators to the fact that NO OTHER ADVERTISERS ARE OWNERS OF HORSES, despite what they may say to the contrary. If their systems equalled ours, would they not accept the challenge given by us for the past twelve months in the various sporting papers? Vide commencement of advertisement.

So sanguine are we of success at Epsom, the innumerable and peculiar advantages presented, and every facility being offered for the successful working of our

GUARANTEE

AGAINST LOSS,

and assert with confidence that

WINNING IS REDUCED TO AN ABSOLUTE CERTAINTY.

DEPOSIT REQUIRED FOR DISCRETIONARY INVESTMENTS AT THE EPSOM SUMMER MEETING :

£500, £100, £50, £25, £10, or £5.

By investing in accordance with this infallible method of backing our final selections at the post, loss is simply an impossibility, and guaranteed against,

WINNING BEING REDUCED TO AN ABSOLUTE

CERTAINTY.

This often-repeated assertion (and not once contradicted for the past five years), and the winnings realised weekly for subscribers who patronise this system, is sufficient to prove its intrinsic value.

This is just the sort and class of meeting for gentlemen of capital and systematic investors to invest a £500 or £1,000 bank, being indeed a golden opportunity that all should embrace. The fact of our guaranteeing

A WIN EQUAL TO OUR SUCCESS OF LAST SUMMER,
and, as previously stated,

GUARANTEE TO HOLD THE INVESTOR AGAINST LOSS OF EVEN A
FRACTIONAL Part of CAPITAL EMPLOYED,

should be sufficient to convince gentlemen of the true character and value of this infallible method of backing our final selections at the post.

CAN ANY SYSTEM BE SO LUCRATIVE TO THE

INVESTOR?

Our position as owners of horses and proprietors of "THE KINGSCLERE RACING CIRCULAR," the most successful medium of all Turf advices, and has treble the circulation of any other circular published; the flattering encomiums passed on our "Infallible Method" by the Sporting Press of the United Kingdom, and being recommended by them as

"The only recognised method by which backers of horses can win large sums at all the principal meetings;"

coupled with our position as the most influential Commission Agents both in the London and Manchester Markets, ensure gentlemen entrusting us with Discretionary Investments being fairly and honestly dealt with, and the successes that we promise and achieve meeting after meeting in the columns of this and other papers.

FACTS

ARE

STUBBORN

THINGS.

The following average results speak volumes in favour of this method:

The following successes have been achieved this season by
THE KINGSCLERE RACING CIRCULAR'S

INFALLIBLE METHOD

OF

DISCRETIONARY INVESTMENTS.

Each £25 investor at Enfield received nett winnings value £200. Each 10 investor at Lichfield was remitted by Thursday's post (April 13) £82 IOS., being winnings and stake included, after the 5 per cent. commission had been deducted.

Each investor of a £10 stake at the Lincoln Meeting received nett winnings of £180 10s. by Tuesday's post, March 28.

Each investor at Liverpool in accordance with this system, on two investments, viz.,

THE LAMB.........

SCARRINGTON..

realised £75 with each £10 invested.

.Win,
..A place,

A £10 stake realised £200 nett winnings at the Burton (Lincoln) Meeting.

A £25 stake invested on Waterloo Cup realised £300,

MASTER MCGRATH

being selected right throughout the piece, and again in finals with Pretender.

A£10 stake realised at the Cambridgeshire Meeting the sum of £240 nett winnings.

A£5 stake at the West Drayton Meeting realised £30 nett winnings.
Bromley and several other meetings were also highly successful.
At Croxton Park each £10 invested realised £10z nett.

Each £25 invested at Thirsk realised £150.

THE ABOVE AMOUNTS HAVE BEEN PAID THIS SEA. SON TO ALL PATRONS WHO ENTRUSTED US WITH DISCRETIONARY INVESTMENTS OVER THESE MEETINGS, again proving the value of this method over all others adver tised.

The past augurs well for the future, as the above successes testify. We personally attend EPSOM, and are always successful at this meeting.

A LOSS HAS NEVER OCCURRED TO FOLLOWERS

Y

OF OUR SYSTEM, and this season we are even more than ever confident of success.

Cash reaching us on Thursday will be in time for two days' investments; and cash arriving by Friday's first post will be invested on Oaks winner and the last day of the meeting.

Five per cent. deducted from all winnings.

THE LARGER THE STAKE, The Greater SCOPE IS AVAILABLE FOR LUCRATIVE SPECULATION.

LOSS OF STAKE IS IN ALL CASES GUARANTEED AGAINST.

The opulent winnings realised weekly throughout the season cannot fail to convince systematic speculators that this system is the par excellence of all methods for winning large sums at each and every important race-gathering.

Winnings and account of investments will be forwarded on Monday, May 29.

Investors can have their winnings (less 5 per cent.) remitted by open cheque or bank notes, as preferred, by signifying their wishes on that point when remitting cash for investment.

One trial is sufficient to prove to the most sceptical the value of this method over all others advertised. Gentlemen who have lost their money in the so-called winning modus swindles, or through following their own fancies, advice of puffing tipsters, newspaper selections, backing first favourites, jockeys' mounts, or any other system, should give our infallible method a trial at the Epsom Meeting. Cash should be forwarded to reach us on or before Tuesday, addressed to Mr W. H. WALTER, 62 Jamaica-street, Glasgow. If after that date, address letters, &c., &c., W. H. WALTER (of Kingsclere), Box 20, Postoffice, Epsom, where due precaution has been taken for their safe delivery.

Cheques to be crossed, Bank, Newbury. Letters containing gold or notes to be registered. Scotch and Irish notes taken as cash. Stamps, 20s. 6d. to the pound. P.O. Orders in all cases to be made payable to W. H. WALTER, and drawn on the Post-office, Newbury, Berkshire. **The successes we achieve weekly, our social status on the Turf, the years we have been before the public, the fact of our being promoters of Discretionary Investments, our selecting Jack Spigot for City and Suburban, Vulcan for Lincoln Handicap, the Lamb for Grand National, Bothwell for Two Thousand, Mortemer (a place), Chester Cup, the Dwarf for Great Northern Handicap; Lord Hawthorn, Flying Dutchman's Handicap; Stanley, Doncaster Handicap, with nearly every other winner at York and Doncaster, &c., prove the value of our information and the integrity and value of our system of backing Discretionary Investments.