The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-13
MISSING BROKER
PR0FFERED AID
TO ]. P. MORGAN
Wooster Wrote He Could
Get Clients, "Some Rich,"
for Financier's Firm.
WRITER UNIDENTIFIED
H. Kent Holmes of Old "We
Boys" and Blue Pencil
Fame Much Sought.
NEW LURE FOR "SUCKERS''
Dooling in Stock Brokerage
Raid Finds Old Gang Still
in Business.
NEW LURE FOR "SUCKERS"

Evidence that ]. p. Morgan. a
struggling young business man of
Broad and Wall streets, recently had
presented to him an opportunity for
better.ng himself in the world was
found yesterday in the brokerage
Offices Of H. Kent Holmes & Co, "a
Stone street Or it may have been
found in the brokerage offices Of Lin
scott & Co., So Pearl street. For
whether you go in from Pearl or Stone
street you find yourself in the same
building and on the same floor, and
Linscott and Holmes are so cheek by
jowl that 1t is doubtful II any visitor
could tell offhand the premises OF one
OF these firms from the other.
Kent Holmes years ago was one of the
jolliest OF the I'VE Boys" crowd of check
chasers who sold mining stocks when
the selling was good and between times
gathered subscriptions for the Blue Pen
Gil Club. the Associated News, the Press
Artists League and other enterprises
which drew money from the benevolent.
Now his speciality is Investment securi-
ties"
In May last year a callous Govern
ment had him arrested on a charge Of
using the mails to defraud persons who
invested in his United States Promotion
House OF 81 William street. TIE Post
once Department was unable to believe
that 100 per cent could be made through
the promotion house. but trust II. Kent
e.. ,x-ith nj a
ton. which was in this case that he was
OIL the point of fulfilling the promise of
his circulars when the Government
butted IN and stopped him.
Anyway, Holmes & Co. have an office
now at "a Stone street and Holmes has
been visible personally there from time
to time as recently as last Thursday.
Many Complaints Received.
Because of complaints received from
men and women OF this city. Connecticut
and Massachusetts, that they have had
difficulty in finding out what had been
done with money and collateral en-
trusted to Holmes & Co., John T.
Dooling Invited Holmes. by means Of a
subpoena. to visit the District Attorney 6
Office on Thursday and discuss the pres
ent state of the universe. Holmes neg
lected to 60 So on Friday Dooling,
along with Detective Stanley German
and John Markey, clerk of the Dis
trict Attorneys Office, visited Holmes
& Co.
Failing to nnd there the engaging head
of the firm or any one who at the
moment was able to answer questions
that seemed pertinent Dooling. after
staying until nearly midnight, took bach
, 10 the Criminal Courts Building a loaC
/ OF books and papers. Among these wa
| a carbon copy OF a letter to Mr.. Morgan
| 1t was unsigned, but bore the letter
head M. e. Wooster. Efficiency Expert
/ Financial Department, l5 Wall Street
| New York" The letter read:
July 2. 1919.
Mr.. J. p. Morgan, Broad and We'll
Streets, Nep York.
DEAR SIR: / have written an In.
genlous and practical method OF
increasing your business through
adding new brokerage accounts. Some
| of these accounts will be from rich
men.
II you are In the market for new
business kindly drop me a line and
! will call.
As no letter from Mr.. Morgan wa
found in the file along with the fore
going II possibly may be assumed tina
the writer OF the note on tho Wooste
letter paper did not receive reply fror
the fnancier.
wooster Il Unidentified.
Now as no NJ E. Wooster appears 4
the telephone book or city directory As
slstant District Attorney Dooling doe
not know yet just where to place hir
among the luminaries who cross orbit
with that of H. Kent Holmes. Is
,k,t
can be Moses Ellis Wooster, one tim
collector for "Fads and Fancles," who Il
1910 banded together H. Kent Holmes
Al Blum, II. K. Pommery and other abl
check getters In a campaign 10 solicI
money for the now defunct America
Boy Scouts? II so. the affinity anon
the I'VE Boys boys OF fifteen years ag
has persisted to degree heretofore ur
suspected even by the District Attorne!
That Holmes and NJ. Z. Wooster. who
, ever he may be, have some communit
OF interest Is Indicated in another lette
found at the Holmes Offices. In ider
tical verbiagc II appeared under II
Wooster letterhead, addressed on July
to John Philip Sousa, Jr,. 16 West Sixty
first street, and under the letterhead {
( II Kent Holmes, Inc. as a form letts
t signed III. X. Holmes. president"
I says:
l "a Communication Of Great Impo,
l tanoe to Euery Customer Who Wants
Make Money:
"Do you realize that for years I
r come people will be talking about II
: great bull market of 1sis-1920 aAd te
. stories OF the fabulous fortunes mad
Z during it's run--stories so wonderful, 4
3 fabulous, 30 impossible to the averaf
8 business mans way OF money maklr
! as 10 the uninitiated to seem absolute
{ unbelievable? Well, It Is true. 1t is
g positive fact
J. "Just imagine the profits people ha'
made since February 10! Those wi
$ bought then, using ten point margi
5 doubled their money ten times on Ge
: eral Motors Chandler Motors and Tex
Il Company; seven times or over on !
y dependent Alcohol American Wool,
Z and Studebsker; nve times on Kell