St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-05-24

he bore away with him sundry large
sums of other peoples money and left
behind him an aggregation of bills and
debts that will prove anything but
pleasant souvenirs of his meteoric
career here. Nearly everybody in st.
Paul knows Edward J.. Cattell, the we'll
known ladies' and club man, whose
name has been in the list of guests at
every fashionable party for the past
few years, and whose face is as familiar
to the Minnesota club as the house it.
self. Quite number also knew Cat
tells Office in the subbasement of the
Gilfillan block, corner Jackson and
Fourth streets, where, under the name
of Walker q Co., full many a ST. Paul
lamb has tackled the bulls and bears of
Wall street or bought or sold wheat on
the Chicago board of trade. Cattell was
resident partner of Walker q Co.. stock
brokers. and for nearly six years has
managed the business proftably and
successfully.
Where is he now?
The office in the GiIfillan block is now
in charge of E. G. Walker, head of the
Chicago firm, who arrived Thursday
morning, post haste and spent most of
the day closeted with Attorney W. III.
Sanborn, first, and Detectives Pinkerton
and McGinn, afterWard. Cattell is gone
and Mr.. Walker says he has put Pink
erton on his trail, but Mr.. Walker could
not say that Walker & Co. were the
losers by his departure; that is, he told
a GLOBE reporter that he had not had
time and opportunity to examine the
books and accounts, and was unwilling
TO commit himself at that time; but
earlier in the day he was less guarded
md q firm
out considerable money. And he freely
said the detectives were on CattelPs
trail. which carried the intimation that
some offense had been committed.
All day long private and public mes
Senger boys poured in and out OF Cat
| tells office, and more than one promi-
nent citizen cautiously entered the side
| door and ventured an Inquiry as to Mr..
Cattell's whereabouts. But all that
seemed known was that Cattell had last
been seen Tuesday afternoon at the
club, after the markets closed. A note
was left on the operators desk stating
that he had gone to Chicago, but Mr..
Walker says he never went there. 1t is
rumored that he took Great North
ern train Monday evening, but of
this there is nothing definite. All
sorts of rumorS have since obtained,
two of which secure greatest credence,
| viz: That he is off on prolonged de-
| bauch and will turn up all right, or
| that he has gone East to his wealthy re-
latives to secure the necessary funds to
cover his shortage. Just what that
| shortage is cannot be learned until all
| claims for investments made with Cat
| tell have been presented. Yesterday
morning Edward Walker, father of E.
G. Walker, arrived in the city. He is
| Chicago lawyer. and as counsel
in the famous Leslie Carter divorce
| case, gained wide celebrity. He
| at once took charge of the situation and
announced that Cattell's shortage would
| not exceed $4,000 and might run much
| lower than that figure. His opinion was
| that he had been specializing on his own
account, and as such proceeding is
strictly against the firms rules, he took
| himself off on drunken debauch.
| 1t was learned about town that while
| he was doing legitimate commission
| business for Walker & Co., Cattell was
also engaging in little bucket shop
work on his own account, and as
he was a pronounced bear the
bullish tendency of the market.
recently, undoubtedly foored him.
The story was that he pocketed the
profits and carried the losses back upon
the firm. For how much of this bust
! ness the firm can be made responsible
| is question the courts must solve here
after. The amount outstanding is a
matter of the mereSt rumor, and there
is no necessity for going into it.
Cattell came to st. Paul from Phila-
delphia about six years ago, and became
first messenger and then cashier for the
| Northern Pacific Railroad company,
] furnishing without difficulty the neceS-
sary $4,000 bond. Shortly afterward
he became the local manager
for Walker & Co., which po-
sition he has since successfully
managed. A story accompanied him
here and for time threw cloud over
| him, but was finally dispersed entirely
priating large sum of money placed in
his hand for Investment in Philadelphia
81 Reading stock. The case got into
court and he returned to defend it, COM
ing back to st. Paul with every cloud
dispelled. 1t was this story which for
long time closed the doors of the Min
nesota club against him, but he at last
was admitted. and since then has made
the club house his home. In
society he was always a favorite.
Though not handsome i'll the strict sense
of the term,he was very popular, and his
! ability as raconteur and his general
character as bon vivant and man-about-
town have gained him many friends.
He was always received with open arms
at the best homes of st. Paul, and his
reputation for honesty has never been
| questioned. His friends still profess
| their confident belief that he will turn
I'D all right.