The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-11-22

BROKER HEADS
ROBBER BAND
Daniel w. Sullivan Arrested on
Charge of Larceny

New York, Nov 1S.-David w. Sui
livan, a member of the Consolidated
stock exchange was arrested here to-
day on a charge Of larceny. The
American Surety company which has
been working on the case with the
district attorneys office, declared in
4 statement tonight that it is believ-
ed the arrest will reveal a number
Of messenger thefts among down
| town brokerage offices totaling at
least $500.000."
Sullivan. who is in partnership will,
Norman Bowles under the brok eragc
name of Sullivan x Co.. was arrested
in his office at 10 Wall street on or
ders of Alfred j. Tal!ey, acting dis
trict attorney The prisoner ac-
cording TO the surety company, was
accused of acting in concert with
Frank Parnell. messenger, whose
name is mentioned in the Warran. rlr
Su!livan's arrest. and others not Se:
lpprehended
Sullivan WAS arrested in his Of
ice by Detective >Sergt Grover c.
Brown, upon the Identification of He-
lectiye Sergt. Pat O'Brien Of Wash
ington who knew him as a forrn.-r
bar tender read the company'::
statement.
b. j. AIcGinn, naanger Of the claim
aepartm Of the American Surely
company who worked IN connection
with Detective Se"gts. Brown, Mayer,
sMindheim and Ransburg on the case
stated tonight that Sullivan admits
giving a certificate for 100 shares of
| Crucible steel stock which had previ-
ously been stolen from Clark, Childs
X Co. of this city, to an unidentified
individual.
The police said tonight that in the
last six months they had received
complaints from the financial district
If thefts of securities with total
value exceeding $1.000.0O0.
The first progress in solving the
mystery Of the disappearing bonds is
said to have been made when detec-
tives We're called on the case of Clark.
t'hilds q Co. which reported last Oc-
tober that a messenger giving the
name of Frank Parnell had disap-
peared with two certificates for 100
shares of Crucibie steel stocks worth
$4,000.
No trace has been fond Of Parnell,
but New York detectives picked up a
trail leading to Washington and
found there that loan of $14 900 had
been obtained from the National SAY
ings and Trust company on one of
the certificates. According 10 the po
lice the loan was obtained by man
giving the name of Winfield Williams
who after being arrested in Washing
ION on q charge Of bringing stolen,
goods into the city was released ipe
s25 1000 hail. -,
Williams. it WAS alleged. claimed 10
haze received the certificates from
Sullivan and the latter on his arrival
here today from Washington was ar
rested.
Questioned by Mr.. Talley, Sullivan
IS said by the police to haHe admit
led he gave Williams the certificate.
n which rlle loan had been nesotiat-
ed and that he had disposed OF the
delphia last Monday. He claimed t.
have received the certificates from
three persons with whom he pre-
vious1y had had dealing but about
whom hc knew nothing. He denied
my knowledge of Parneil.
After examining Sullivan's books.
Police Commissioner Lahey said he
had found other securities. stolen
from - firms and tonlling at leas,
100000 had passed through Sui
ivan's hands in a maner which
he prisoner could not explain to tn.
commissioners satisfaction. Sullivan
told the police that before taking q
turn at the stock market he had con-
lucted in Washington a fashionable
.afc' at which he had played host TO
many nationally known persons.