New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-02
January 1, 1900
March 4, 1890.

sDivision made ana crossed out
eenage but no names given $50 division shown
Examination Of account books taken from the
clearing house Of the Davis poolroom syndicate
AT No li2 Fulton street show that each month
since early in 1899 profits running up as high
as $4,000 were divided among five persons
One Of these men was variously indicated as
G. y. c." Grady" and IT. Grady" In a
Clearance sheet are entries 10 a "Sen. c." The
Charles Reilly is evidently the man VINO was ar
rested when the clearing house was raided An
other man, entered variously as "R H D." and
Davis is supposed 10 be Bob" Davis the head
Of The syndicate. The initials used in the books
TO Indicate the fourth and fifth parties to the di-
vision are y. z. r." and M J. r." which are
me same as those Of J. Park Robson and
Michael J. Riordan
apparently The syndicate started with a bank
IoL Of $4,000. At the end Of the first month.
summary, 1899. there was a net profit OF SlO.O53.
1S appears in the accompanying table OF that
tinount Grady" got, according TO the books
just Is per cent. OF what remained "R. H D."
got three-quarters and &C. Reilly" one-auarter.
Only three men were in" on this division. but
u future divisions j. p r." and M J. r." al
WAYS came in. Grady" always got exactly I6
per cent Of the profits. and the amount going to
q r r. was always the same as "Grady's"
Inc other percentages remain the same through
Out the records
The record books show as clearly as books
can that there was a regular syndicate, which
monthly' with one or two exceptions. divided
pfonts running into large figures.
BANK ROLL" INCREASED
After the first month the syndicate raised its
nahk roll" as it appears in the records, TO SlO-
Vt0 In the subsequent divisions this amount
was always deducted from the money in hand
ana used 70 start the business of a new month
Nhat there was over and above $4,000 was
split up profits.
IN The accompanying transcripts from the
records the shares Of some Of the five partners
are omitted although they appear in the books.
me books showed that a daily record was
Kept The entries would appear like this 'w
1900" or Isl. .OOO' But there were few
records Of losses. and no month ever showed a
ieas Getting along into 1900 the records
showed accounts with other piaees-there were
.%o IN Broad street and one in Mercer street
Two Of these places were afterWard raided and
closed up
When District Attorney Jerome was asked
AOout the records from September. 1901 down
% the present time. ne said he could not talk
1Dout them. as they were not outlawed by the
Statute OF limitations.
Il Is understood however that the books for
tnese Years. which are IN the hands OF the Dis
Ilet Attorney show that the business was car
go on in much the same way. and that the d.
.1ion OF profits was according TO the percent
sfes established ia the preceding years.
balance sheet for the year 1905. which did
NOt indicate whether il was money due 20 the
ssh'ieate or money owed 20 81. contained long
NJ of names. But the most interesting entries
~ were NE following: September a. Sen. G.. $685.;
september 3. Sen. O.. $1,000 CC)," and NO
Feinher B. Sen. c.. 1900 lcasf).'
me books showed that money was owed 10 the
muse Dy persons who apparently had not made
foga their losses. One or two entries on the
losing side OF the book referred 20 CHECK re-
turned, ~. c."
h ne memorandum book which f. A. Fisher.
supposed % be the manager OF the syndicate,
1lea % conceal. were found The names and