The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-07
THE CRONIN CASE.
The Inquest Continued Yesterday.
Lester a. Co.'S Connection With
Sullivan Brought to the Front.
A Clork OF tho Firm Testifes That
He Dumped 800, 900
In q Deal With Them and Pulled
Down Probably $780, 900,
But Before tho Transaction Reached It's
Climax Sullivan Was q Loser
What Tho Daily News Has
To say About II.

CntcAGo, ILL.,, Juno 6,--In the Cronin
inquest today J. w. Moore, cashier of
John I. Lester & CO., brokers, testified
that between June |, 1882 and April IS,
1888 Alexander Sullivan paid TO the firm
on transactions with the firm, the sum OF
Sl33, 500 that during the same period he
drew out Sll5,3lS in checks and stock
worth $4,000, showing q net loss OF about
$1,000. Ono OF Lester Il Co.'S bookkecp-
ems was put upon the stand and proceeded
TO read an abstract OF the transactions in
stocks which sullivan had had with tho
firm during the period mentioned. Tho
list was quite long aud was not all read.
Capt. Thomas f. O'Connor, a member
OF the Clam .na-tiuel, said that in 1885 n
man came 10 SEQ him. This man, he be-
lievcd, lived in Philadelphia, but lac could
not remember his name. Tho man told
him that some men were going across tho
water aud the chances were that he tho
witncss) would DO called on 10 10.
OConnor mentioned this 10 his friend,
DR. Cronin, who advised him not to 20;
that there wero enough good honest Irish
men behind English bars who had been
given away ~ soon "a they arrived, and
that lac did not believe In the dynamite
policy. The stranger saw the witness in
DR.. Cronin's company and did not como
10 sec him again.
The Daily NcUs tomorrow will say II
does not appear that the Irish cause lost
any money by Alexander Sullyan's bank
ing operations Mr.. Sullivan, when asked
what bank his account was transferred 10
from the Traders, promptly replied tho
Chicago National.
Lawyer \. :. Trudo, speaking for Mr..
Sullivan In an interview, said:
''Mr Sullivan was simply the agent OF
persons or a combination desiring to OPP
crate on thc Board OF Tralc, aud his rc-
ccipls all show the word agent Mr..
Sullivan did not know anything about
spcculalions of this character probably
could not tell put from call Ills
namu was simply used on Lester x Co. 3
books by a syndicate OF buckct-shop mon
ia order that they might do business on
the Board oi Trade when their OF
dcrs mado II necessary for them 20
No NO. Tho ryndicn,o WIS made up oi
| spch iirms NJ Murphy x Co. MIR. Sullivan
/ met somc OF these parties In his law prac-
| iioc, and was gwen large SUNS Of monoy
with explicit written directions what 10 do
with H. They or thcir customers were tho
gamers or losers by the transactions made
by lester & Co, not Alexander sullivan.
The public knows very well that the Hoard
Of Trade would not sanction Lester * Co,
or any other hfm dJing open business for
bucket shop aud this was the reason for
conccamcni, aud the uso Of Mr.. Sulll-
vans mare. Mr. Sullivan never drew a
check in favor Of amy iyniicato oi bucket
shop men for any sum until ho had tho
money in hand from them 10 meet II.
Co.ucilcnt with the timc when no
wasthuiaciing "a agent for tho bucket shop
men. he received from Pitrick Egan
the large sum OF money Oi which. hc be-
camo custodian. This fund was transferred
from Paris 20 New York, nnl thence TO
Chicago. whore IL was deposited In tho
Traders Bank. Mr.. sullivan knowing
that no loss could occur Ia him personally,
1t maltcfcd little what bank he drew the
money from. lie always had the syndi-
cate money In hand boior, drawing a check
10 the order OF their broker"
Mr.. Irudc said further that Mr. Sulli-
van las Mr. Cronin's receipt In full for
the whole sum intrustcd " his keeping,
and can trace all Of the channels through
which the money was finally dsburcd.