New-York tribune., 1902-04-17
CONFIDENTIAL MAN GONE
AAIES, SWAN & co. ALSO LOOKING For
$1,000 BORROWED ON THEIR STOCK

Allen F. Hedges. confidential bookkeeper in the
employ of Ames, Swan & Co.. stockholders at No
25 Broad-st, is missing Central Office detectives
are searching for the bookkeeper
Yesterday forenoon Aules. Swan & Co members
OF the New-York Stock Exchange. ordered from
A S Leland & Co.. No. 25 Broad-st. 100 shares
OF Chicago. Milwaukee and st. Paul stock valued
at N1,0oo. The cashier of the firm was to receive
these securities and. expecting their delivery from,
A s. Leland & Co. he laid his desk a certified
check to give to the Leland messenger. The mes
senger bearing the securities arrived Just after the
cashier left the office for luncheon As was the
custom. Hedges was at that time acting cashier
Hedges received the securities. At 11:5O D. m the
cashier returned to the office. Hedges then Went
out for his luncheon. He has not since been seen
At o'clock Mr.. Ames began to wonder WHY A
5. Leland & Co. had not delivered the St Paul
stock He telephoned them and learned that a
delivery had been made and that the Leland firm,
held receipt for the Immediately Ames
Swan & Co placed their loss on the tape to ston
the transfer of the stock They also informed the
ST. Paul office At 1:30 O'Clock Zimmerman 4
Forshay. bankers at No. Wall-st teephoned
Ames Swan & Co that they had possession of
the stock, and had been the point Of placing
it on the market when the tape told them that
something wrong.
Consolidated Exchange broker whose identity
no member of Ames. Swan & Co. would disclose
had delivered the stock to Zimmerman & Forshay
asking them to dispose of it for him.
o.
Ames. Swan Co. were at their Office in the
Broad Exchange Building late last night. They
said that shortage IN their books had been
found thus far. They declared that they had dis
covered that S. 600 in cash had been obtained as
loan the stock Mr.. Ames said that the police
had had interview with the Consolidated Ex-
change broker who had the stock and with him
had visited outgoing trains.
This is the story the Consolidated Exchange
broker told the police. according to Mr.. Swan:
The broker said that he knew Hedges as he had
made his office a headquarters when he with
broker) that he expected bring him some business
from person in the West When Hedges brought
open speculative account for another person. and
asked that the shares be sold for cash The
and asked them to sell it for cash. To oblige the
broker they gave him certified check for $1,000
took the check 10 his bank and deposited t t. Later
gSa bS TagG f6 fnd brdar aSked ss 'or % WHICH was
Later in the day the broker presented TO Zlm-
balance of the money he had received above So 900
Mr.. Swan said that he understood that woman
Hedges "-9
Hedges had been with Ames. Swan & Co. for one
l. Hotchkiss & Co. which failed in 1898. Later he
a partner in Nash & Hedges. brokers. VINO
his home i'm Sterling place, Brooklyn. to pay his
debts He also in the firm of S H Rosenblatt
Hedges left s H Roscnblatt & Co and entered
the employ Of Ames. Swan & Co. He carried with
wear he had been intrusted with large sums OF
money He is described as a man Of pleasing ad-
sandv mustache and slight figure. He lives at No.
719 Prospect Place. Brooklyn. and has a wife and
two grown children.
AS soon as the loss was discovered Captain Titus
and two Central Once detectVes 9esan I Ine 5ask -
his home up TO a late hour last night Mrs. Hedges
said that she had seen nothing OF , hgr NJ @ S
from home over night