New-York tribune., 1920-05-12
Go
West Again to
Hunt Arnstei1,
Hottest Tip Ever Sends
Three to Unnamed CITY
and His Arrest To-day
Is Confidently Expected

Four detectives left hurriedly for
the West yesterday in connection with
the search for Jules w. (Nicky) Arm
stem. 1t was said last night at the
office of Assistant District Attorney
John 7. Doolng that the arrest of
the alleged master mind in the $5,OOO,-
600 bond conspiracy is expected to-day.
The hottest clews yet" said officials
in speaking Of the information that
caused the departure of the detectives.
Three of the detectives, said to be
Sergeants Mayer, Gegan and Brown,
departed for a city believed to be
Cleveland, from which information was
received yesterday concerning the
whereabouts of Arnstein. The fourth
went to Chicago to get Arthur Ecre-
ment, arrested in connection with the
search for Arnstein.
Went West Once Before
Inc three detective sergeants accom-
panied Eugene F. McGee, counsel for
Arnsteln, on a jaunt through several
cities in the Middle West and North in
a former fruitless search.
From what little could be learned
at the Office of Assistant District At
torney Dooling and from officials of
the bonding companies, the arrest of
ed that it is an event which has been
expected hourly for several months, it
was declared this time Arnstein is Con
hdently expected" to appear at the Grim
NAL Courts Building to-day or to-mor-
row.
In any event. it was declared the re-
turn here of Ecrement will throw con-
siderable light on the bond ring and its
activities. Mr.. Dooling wants to ques-
ton him.
Saul S. Myers, attorney for the sew
eral bonding companies interested in
the search declared he believes Ecrc-
ment can tell what became of $500, 900
worth of bonds which are known to
have been sent West.
Much mystery surrounds what is
called the hidden chapter of The con-
fcssion of Joe Gluck, the former Wall
Street runner, who has admitted steal
ing approximately S1,500,O00 worth of
securities. The boy has told of passing
$628, 600 worth of these to Arnstein
and Nick Cohn, who disposed of them
through the defunct brokerage house
of David w. Sullivan E. Co.
OHe (ndptcr E1lCQen
He also told of disposing of other
odd lots that would bring the amount
accounted for up to about 81 900 900
Gluck is said to have informed MI.
Dooling of what became Of the other
100000, but the District Attorneys
office refused to make public this part
of his confession. The disposal of this
section of Gluck's loot is said to in
VolVe names that have not thus far
been brought into the bond case
Edward n. Callaghan, an automobile
dealer of 3251 Broadway. was indicted
yesterday by the grand jury on a
charge Of having criminally received
stolen property. He was arrested less
than a week ago in connection with
the theft of S21OOOO in stocks and
bonds from Halle & Stieglitz, brokers
OF 80 Broad Street. Two other indict-
mcnts were handed up to Judge Grain
yesterday by the grand jury in con-
nection with the Halle g. Stieglitz
robbery, but the names of the persons
involved were not nlaac public.
Mr.. Dooling declarcj that Callaghan
and others received $4,000 worth of
the bonds from messengers who had
stolen them. They were deposited
with the Colonial Trust Company, of
Continued pass six)