The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1919-11-19
new YORK BROKER {
UNDER ARREST
David W. Sullivan Charged
With Robbing of 100000
In Securities
ACTED IN CONCERT
a WITH MESSENGERS
Believed His Arrest Will Explain
Many Down Town Robberies - Ad-
mits Giving Certificate for Stolen
Stock to Another Man.

NEW YORK, Nov 19.-David w.
Sullivan, a member of the Consolidated
Stock Exchange, was arrested here yes
terday on charge of larceny. The Am
erican surety company, which has been
working on the ease with the district
attorney s office, declared in state
ment last night that it is believed the
arrest will "reveal number of mes
senger thefts among downtown brok-
erage offices totaling at least $780,
o0o''
The prisoner, according to the sure
~ company, was accused of acting in
ger, whose name is mentioned in the
warrant for sullivan s arrest, and 9TH
ers not yet apprehended.
Sullivan was arrested in his office
by Detective Sergeant Grover c.
Brown, upon the Identification of De-
tective Sergeant Pat O'Brien of Wash
ington, who knew him as a former bar
tender" read the eompanv's statement.
B. J. McGinn, manager of the claim
| department of the American Surety
| company, who worked in conjunction
/ with Detective Sergeants Brown, May
4 err, Mindheim and Ransberg on the
| ease states that Sullivan admits Civ
4 ing Il certificate for 100 shares of CRU
/ chile Steel stock which had previously
4 been stolen from Clark, Childs & Co.,
4 Of this city TO an unidentified individ-
4 ual.
n @'Other firms in Wall street, who suf-
4 fered the loss of securities through
\ messenger thefts and to whom securi-
i ties found with sullivan & Co. have
been traced. are Bamberger Brothers,
Il F. b. Stone & Co, B. Fl. & f. w.
Pelzer and Post & Flagg. The stocks
include so shares II. j. Reynolds To
baceo company, 100 shares L. s. Food
Products, 100 shares Studcbaker cor
poration, 200 shares Crucible Steel, SOC
shares Pennsylvania railroad and l0o
shares Republic Iron and Steel com
pahss - 'AsT" "a =
1.-THE manner in which it is believed
thats Sullivan secured the stolen Ger
tifieates is through an intermediary
| operating III conjunction with messen
gers employed by stock brokerage
houses. One of these messengers il
alleged TO be named Frank Parnell
who is mentioned in the warrant. Al
the time the losses were sustained by
these and other brokerage houses in
volved in the case no publicity wa
given to- them. Until the apprehen
sion of Sullivan there was little or M
: clew TO the persons identified with TIL
), loss
The police said last night that, in tn
: last six months, they had received
: complaints from the financial distrie
> of thcfts of securities with total val
nc exceeding $1,000,000.
, The first progress in solving tn
l mystery of the disappearing bonds i
said to have been made when detec
tives We're called in on the case 0
:, Clark. Childs & Co., which reporte,
, last October. that a messenger givinl
. the name of Frank Parnell had dis
appeared with two certificates for 10
shares of Crueible Steel stock wort
$4,000.
No trace has been found of Parnel
but New York detectives picked up
trail leading to Washington and foun
. there that a loan of $4,000 had bee
: obtained from the National Saving
: and Trust Company on one of the cert
: fcates.
Il According to the police, the loan wa
obtained by a man giving the name o
= Winfield Williams who after being al
rested in Washington on charge o
ii bringing stolen goods into the city, wa
lie released in $4,000 bail
ri Williams, ii was alleged, said he ha
y received the certificates from Sulliva
al and the latter. Oh his arrival here froi
= Washington, where he spends part G
q, his time, was arrested
GIRL grip ANcI En- I'M SW1NG