Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-10-29
ETHERIDGE WON'T CONE BACK
Unless He Arrives With Bracelets and
an Escort.
Especial Telegram to the Globe. !

MILWAUKEE,, Oct. 2S-News that Charlie,
Etheridge had absconded from st. Paul created
quite sensation in financial circles here, since
he had drawn heavily on banks of this city
last Thursday. He arrived hero on the morn
ing of that day and visited various insurance
Offices in search of some one who could identify
him at the banks. He succeeded in finding an
old acquaintance, Preston 3. HAM, commits
sion merchant, in the Office Of Isaac ". Hol-
man, adjuster, who courteously consented to
accompany him.
At the Milwaukee National bank he present.
ed draft by the Merchants National bank, of
st. Paul, on the American Exchange National
bank, of New York, for $15, 900, which was
promptly cashed. BE then visited Mitchell's
bank and had a draft for $4,000 by the North.
western National bank, of Minneapolis, on the
Trademarks National bank, of New York,
which was also honored.
Thence, on bidding Mann good bye, he called
at the banking house of Cramer & Co., to pur-
chase $4,000 worth Of government bonds. The
house had but $4,000 worth at command, which
he accepted, PRESENTING in payment draft by
the First National bank of Minneapolis on the
Fourth National bank of New York for $685.
the paper was good, handed over the bonds
and balance on draft. At Etheridge's request
the change was in large bills, three Of the de-
nomination of 81 900 each.
from the banking house Of Cramer & Co. he
proceeded to the banking house of Belchor &
Co., and purchased $4,000 worth OF govern
ment bonds with the money no had drawn
from the bank.
His visit to Cramer & Co.'s was at half past
IL o'clock Thursday, and it is supposed that he
boarded the early afternoon train for the East,
to reaoh tho Dominion Of Canada, since he
failed to call on Mann, as he had promised he
would do.
When Mann returned to Holinan's be pom
dered the matter he had witnessed, and Ether
idge's movements being rather peculiar, he tel
egraphed to St. Paul. The information he con-
veyed resulted in the appearance of Mcmahon,
special agent Of the Eastern Trust companies,
who found the paper genuine, and telegraphed
word to st. Paul to that effect.
Etheridge having secured the drafts by fraud
or otherwise in St. Paul or Minneapolis, the
banks in Milwaukee are not affected by his
operations. The Milwaukee National bank at
noon to-day received telegram from New York
that the draft of $4,000 had been paid there.
Detectives have learned little of Etheridge's
movements after he visited Belcher & Co., and
are Of opinion that he is now beyond their
reach.
The following is the telegram received by
the Associated Press
MILWAUKEE, Oct. 28.-Chas. Etheridge. the
st. Paul absconding insurance agent and fnan-
cial representative of the New York Loan and
Trust company, made his debut in this city
Thursday, and being we'll known, had no diff
Guilty IN being identified. At the Milwaukee
National bank he realized O.: a $4,000 draft
drawn by the Merchants National, Of st. Paul,
on the American Exchange bank, of New York.
The Wisconsin Marine bank cashed q draft for
$8, 900 drawn by the Northwestern National, of
Minneapolis. on the Tradesman's National, of
New York, and Cramer & Co. took $4,000
draft by the First National of Minneapolis, on
the Fourth National, of New York. The drafts
were all genuine and will be made good by the
banks at st. Paul and Minneapolis, so there
will be no loss to tho banks here. Etheridge
left here for the East Thursday afternoon.
Detectives are on his track.