The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1906-11-23
CLERKS OF RECENTLY RAiOED
BROKERS IN CHICAGO TELL
OF MORE BIG STEALS.
MORE ARRESTS MADE
Ard Detectives Hunt For Other Mem.
bers OF Fake Combine-Young
Daniels Denies Unlawful
Transactions.

! NEN III ~ 4N'F' So - StfpHHiN ""
showing the wide field of operations
OF the alleged combination of guar
Ianty, security and brokerage compan
/ les which have been accused Of de
/ frauding small investors throughout
/ the United States, conttlaed to come
| to light today.
Clerks Of two Chicago firms said
! their employers had been accustomed
to ship actual manufactured products
| to members Of the band. and that no
returns from these shipments had ever
been received by the shipping firms
except undes pressure
In the case Of the manufactured ar
cles II was only the far away mem
bers OF the firms who could benefit
by the 'frenzied finance" of the geler-
al organization OF the alleged swind-
i3ft.
Chicago firms shipped TO San Fran.
cisco San Franci co firms to Chicago,
and vice versa. The first case of ship.
ment TO one Of the firms alleged 10 be-
long to the combine was on Ney. 81
1904, when the National Recording
Safe compG Y, with offices at f21i
Heywor, Ii building Chicago shipped a
number Cf small savings banks to a
company known as the Security In
yestment Corporation company in the
United Trust building, San Francisco.
Frisco Concern ie Accused.
The Security Investment Corpora !
ton company had letter heads which |
stated that it dealt in high grade fl
nancal securities In spite o fthis |
fact, however, the company was not |
ayerse 20 accepting two conssnments
from he National Recording Safe !
company for disposal, one shipment
10 $25 net, and the other to
SS5 ncf
The National Recording Safe com
pany later received an announcement |
that the goods were unsatoisfactory, |
and that the San Franci, co concern |
could not place them. AT the time OF |
this announcement, 50 it is said, all |
goods had been placed and the com |
tJdIlS W Go tGlJOJlIS AilV ilONItASa
Subsequent litigation and correspon-
dence showed that the SanFrancisc)
concern was ar Itinerary company
with of ces almost anywhere in the
city, and that the high grade financial
securities" were only one OF the many
methods employed Of getting easy
more.
inye tigation Of this particular San
Francisco concern was ordered last
nigh by he federal authorities in
2 injection with the arrests made in
Chicago and Milwaukee,
Two More Arrests Made.
Two ada tional arrests were made
yesterday in connection with the al
eyed national combine OF guaranty
md brokerage companies. /. II. H. ,
iolton and John Stirlen, the former n
,roker with Offices in the Reaper {
liCck, and the latter an attorney with :
ffices in the donadnock block werc ,
rrestad by Officers Griffith and vii +
not and Inspectors Bird and Means :
n the rear of the wholesale winehousc
t D. NJ. Sullivan & Co, Van Buren, r
reet and Wabash avenue +
Both men were taken before United +
tates Commissioner Mark A. Foote. +
Tho ordered them held under $4,000 n
ends. which they were still endeavor, q
Ig 10 get at a late hour last night. I
irlen protested vigorously against q
eing compelled to give bond. and urg s
4 that the commissioner hould ac b
apt his personal rec enhance. be O
iuse he had been a recognized attor.
~ ~ Chiclgo for more than two
Ears The commissioner was OBJ
f.ots however and Strlen was hell
onE with Holten.
Bo,h men are alleged TO have been 81
.yaT iners" in the elaborate scheme u
-e1ared By Daniels. alias Cameron W
hich was outlined in the first state v
ents # the ARE of the Chicago at y
ches Of the alleged combine Holten y
yes al 17S Dearborn avenue and Stir. p
p Riverside q
Csniei1 Denies Guilt.
The deputy marshals who have been
erKinE on the 50 called fraud cases
.enf an day yesterday in the at
mpt 10 find three other men alleged in
have been connected with the Oh
'aTerCrT schemes OF
Thomas p. Daniels. son of an ex- a.
e. ju ice Of New York. a1d alleget d;
.ad Cf the great interstate combine cC
guaranty companies. yesterday de-
I'd that be had made any confession
the inspectors FOR The postoffice
q issued a long stdtemen closing as
.i0Ws:
4 challenge q thorough investiga- ~
n u all my transactions az any u
nc. a7d an c~nvinced that when ID 8 an
e IS finished I will be rindicated." A.
int