New-York tribune., 1901-11-17
BAD NOTES IN WALL-ST.
POTTER PALMER S SIGNATURE
FORGED, HIS SON SAYS.
ARREST OF MAN WHO TRIED TO NEGo-
TATE THE PAPER-HE DENIES
CHARGES OF TITUS.

CAPTAIN Titus Chief of the Detective Bureau
last night gave out the details surrounding 'A,
arrest yesterday of a man VINO is suspected -
irving to negotiate with Wall Street nahhs anu
brokers worthless notes amounting IN the as
gregate to S1O5O0O, to which it is alleged the
names of Potter Palmer and other pronhheii'
Chicago men had been forged. The prisoner Is
said by CAPTAIN Titus to be 0. B, Wheeler Ji''
dftv wears DID, although the former says ne Is
Amor r Wheeler. He refuses TO give any ao-
dress and declares that he acted in good falth
in irving to nerotiate the notes. He was iockeo
IN at Police Headquarters last night, ana VIII
be arraigned in the Tombs police court lhls
morning 1t Is the intention OF the detectives
to ask that the prisoner be detained py the
court until Chicago compainants can get mere
Captain Titus says that he learned that among
those with whom Wheeler was trying TO oeal
WAS Fred b Wheeler a dealer in investments
and securities at No. % Broad-st. and who is
in no way related to or connected with O. b.
Wheeler The notes which o. B. Wheeler was
trying to dispose Of were all drawn for SIX
months time, and as follow:
One for S34 100 dated October Is, 1901, bear
ing the name of Potter Palmer: one for Sl4'5oo'
dated October Il, 1901. bearing the name or u
V. burlington. president and treasurer OF the
Purrington Paving and Brick Company; one for
S15 100 dated October 20. bearing the name or
V T. Decker; one for S21 065 dated October ~,
1901 bearing the name of Stratton & Fields,
and one for S1s050 dated October 21, 1901, and
bearing the name of D. V. burlington as an in
dividual
The notes were dated Chicago, Ill. and made
payable to n. NJ. Duffy. They were typewrit-
ten. with the exception. of course. Of the al
legged signatures They were twice ndorsed;
first by n. NJ. Duffy and secondly by Q. B.
Wheeler. jr
Captain Titus says that 1t was through learn
ing that O. B. Wheeler trying to deal with
Frederick B. Wheeler that he determined TO in
vestigate. He assigned Detective Sergeants
Jerry" OConner and Frank Price to the work.
Through their effort Captain Titus says he
learned that o. B. Wheeler had first appeared
in Wall Street about three weeks ago with the
notes in his possession. He says the prisoner,
in trying to turn the notes into cash, told bank
ers and brokers that he needed the money for
the extension of brickyards at Kreisherville.
Staten Island. and to pay off certain small
stockholders who were dissatisfied with their
holding Providing he cashed the notes he
could fill large orders that would net him S13S-
900 profit He is said to have offered secur-
ity and plant of the Richmond Brick and Tile
Company, at Kreisherville. Staten Island, and
also TO take out 500 600 insurance on his life
Captain Titus says that Wheeler told people
that the notes had been given to him In con-
sideraton for large quantities Of brick he had
furnished
Captain Titus made inquiries by telegraph as
to the validity of the notes d V. burlington
wired back that he had never issued or signed
such a note as Wheeler was trying to dispose of.
Potter Palmer was not in Chicago when the
captain telegra phed. but his replied that
his father had not given any note to Wheeler.
The result Of the Investigations. and particu-
larly OF the telegraphing, was that o. B. Wheeler
was arrested about ! p. III. yesterday at Broad
way and Wall-st-
Wheeler told Captain Titus that y. NJ Duffy.
whose name appears on the back OF the notes
IS his Chicago salesman and representative. ana
that IL the notes fictitious 1t is Dufys fault
The Chicago police replying 10 Captain Titus.
saw that the name of n. NJ Duffy is not in the
Chicago Directory and that they know no such
man Captain Titus says he believes this part
of N-heelers story to be built up" He has
askd Chief OF Detectives Colleran OF chicago 10
keep a lookout for Duffy. and to tel those whose
names appear the checks to be here to-ihor-
morning.
C,aDtain Titus declares that Wheeler had in
his possession besides the five notes enu1nerat-
ed three others, also believed to be frauduIeht,
for amounts that make the aggregate sum OF all
the notes Sl3booD.
When wheeler was searched at Headquarters.
n letter purporting to be signed by n NJ burns
vas found There was no envelope with the
letter, on one side of which had been imprinted
with a rubber stamp. N. NJ. Duny ot- 9outh
the letter was stamped to give the impression
tbat il had come from Chicago. He is certain
that 1t did not. and gives as MS reason 'ha' tue
letter paper is New-York paper.
Captain Titus thinks the letter had been pre-
pared for use in case II would be FOUND neces-
earv for the negotiations for the cashing or the
checks to be broken off. Captain Titus asserts
tbat Wheeler came very near being success1ul
in converting the notes into cash.