The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-07-19
RUINED At RACE TRACK
DIAMOND DEALER BELLWOOD
"BLEW IN" $4,000 IN GEMS.
Bought JeweIry on Credit from Mnr-
Gus ~ CO., Pawned 1t, and Has
Only the Tickets Left.

NEW YORK, July 1S.-Willam A Bell
wood, well-known dealer in antique books
and rare jewelry, at No. 1882 Walnut street,
Philadelphia, who rents an expensive suite
OF rooms at the Plaza Hotel here is under
arrest at police headquarters, charged with
having sWindled Marcus & Co., jewelers., of
this city, out of jewelry valued at many
thousand dollars. The arrest. was made on
Saturday, and in a police court to-day the
prisoner was remanded to the custody of
the central office detectives. A small por-
ton of the jewelry has been recovered, and
pawn tickets for a large part of the re-
mainder have been found. The detectives
say Bellwood has confessed to his dealings
with Marcus & Co., but denies that he has
swindled other firms. BelIwood is a French
man of good address and refined manners
He began his dealings with Marcus & Co
about year ago. He frequently bought
goods of the firm on memorandum and
so far as the police know, his dealings
were for a long time legitimate Bellwood
spent much of his time in this city and
first lived with his wife at the Imperial
Hotel, until they moved to the Plaza some
weeks ago.
Recently Marcus & Co. learned that Bell
wood was seen frequently at the race
tracks where he was reported to have
been heavy loser The firm then decided
to keep a close watch in the event of the
purchase of more goods by its Philadel-
phia customer. Last Friday BeIlwood an
peared at the store of Marcus &, Co and
called for a diamond necklace, which ne
said he wanted for a lady customer He
selected one, valued at S. 800 and left the
store. he was followed by an employe of
the Hrm and was seen TO go into a BoWery
pawn shop where he pledged a piece Of
JeWelry, believed to have been the neck
lace which he had just received on mem
orandum. The firm was informed of the
transaction, and Mr. Marcus then con-
suited with the headquarters authorities
1t was decided to arrest BellWood, and on
Saturday he was taken into custody on
Broadway. =.
on his person was found the costly neck
lace, together with a bundle of pawn
tickets on which he had received $13 $50 OF
this amount $,400 had been obtained on
jewelry received from Marcus & Co., and
$3.50 on jewelry which he claimed to own
himself. The total number of pawn tickets
recovered was forty-two and twelve of
them represented the Marcus goods
Bellwood admitted his guilt as far as the
jewelry which he had received from Mar
Gus x Co. was concerned and said that his
downfall was due to gambling on the race
tracks. He stoutly maintained that he had
swindled no other individual or firm.
To-day the prisoners wife surrendered a
beautiful necklace, composed of pearls,
amethysts and crystals, valued at $1,000; o
double finger ring and an antique brooch
set with topaz in the center and pear
shaped gems of every description in three
rows with pendant pearls. Mrs. B9llWoOd,
jewelry is her own private property. Bell
wood has secured property valued at $4,000
from the firm of MacuS & Co, upon which
he has paid only 81, 500.