New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-09-21
Amount May Reach $780,
600. Official ,of Bonding
Company Believes.
S35 TELLER KEPT
AUTO ANID FINE HOME
Reports Say He Dabbled IN
Stocks Successfully New
Haven Centre of Hunt.

The amount Of Henry &. Bradley's
defalcation from the Merchants Ma
tional Bank nioh its officials ADMIT,
ted Yesterday for the first tlme-w
not Be known, definitely until word mas
been received from the long list o. the
institutions correspondents Throughout
the country, Tie mail teller whose
automobile was found at Cove POND
Stamford. Conn Thursday night, was
still missing yesterday, whiIe &C
countants examined his books for IT
regulsritieS II was estimated MS
shortage would reach $4,000.
When BRADLEY did not appear at the
bank Yesterday morning Joseph byTne'
the vice-p ireSidtot and cashier, gave out
this stat eTuent:
"H. s. Bradley, the mail teller Of the
x.rchanIs' National Bank, was due 70
return from hs vacation this day
Monday, but tas not returned. Upon
learning Of B~sdley's disappearance
the officials % lhe bank began an in
vestieas ion Of has books. This investi-
cation has dis losed some irregulari-
ties. The bank is fully protected from
any loss which may occur by reason
Of fidelity bonds which IT holds
Bradley Handled Vast Sums.
Mr.. Bvrne continued that the teller,
who. with his assistants, took charge OF
ali the checks sent 10 the bank by out
of-toWn correspondents, had many OPP
Iorfunities for d:verting the paper from
It's proper channels. Bradley, II was
learned from a. authoritative source,
received a salary Of not more than 500
4 week, upon which he maintained ms
home in Noodhaven, Long Island, and
his motor car.
The cashier asserted yes .erday that
the amount Of negotiable paper which
pAssed through Braoley's hands eaen
wear represented vast sum OF
money. He was certain this could be
converted Il n teller knew some one
20 cash the checks for him.
Would this sum reach into the
Millions" he was asked.
Eyes, ! think INTO the hundred mill
ions" be replied.
Wilmot VI. S-ith. superintendent IN
this city Of the fidelity and surety de-
tartment Of the Etna Accident and
fisbilitv Company of Hartford. esti-
mated Yesterday thai Brsdley's hort
age would prOtsbly be nearer $4,000
thar the $4,000 for which ho was
bonded by me corporation. This
agrees with the statement made sun
dav by Daniel y Gage, tie company :
secretary, IN Hartford.
Bank Sensed Trouble.
"The bank first notified Us on
Wednesdav," said NJ. Smith, that
slight Irregularities had been found IN
Bradley's accounts A check appeared
20 have been entered in o clumsy
fashion. which we were told might
either have beer done by man seeking
70 defraud or O bookkeeper who had
made q mistake The company Their
sought the teller a. his home H. Wood
haven. When inquiry was made there
Il was said he had gone 20 visit his
mother, Mrs William Davis, in STAN
ford.
when our representatives asked
there they were told he had left. A
little later they heard that his automo-
bile had been found near the city, and
when they learned Of the circumstances
they were positive u was frame
up because il was reported he was
seen in Stamford after the machine had
teen discovered az Cove Pond. We
were then certain that the irregularlty
in the books Wa no error"