The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-07-20
MONEY MARKET,

wednesday, July 1876 r. M
The news from abroad had favorable eject upon the
market today, and the prices generally went up. The
success ofthe Illinois mission be beyond doubt
Illinois rose Kentucky t ; Long slandi.
At the new Board sales Government loan at IIsl Har
lem rose /.
In another Column will be found report OF the arrest
In London Of person by Of Clinton ch"rged with
utterDg forged Treasury Notes of the United States Our
readers Will doubtless remember the successful depreda
ton OF some accomplished rogue upon Messrs. Little
about lifetime of the Monroe Edwards orgeries The
Bank of America received through the mail letter pur
porting to be from its corresponding bank IN New Or.
leans enclosing hafa certificate of deposite $40 coo in
vor OF some individual who would personally present the
other half The person presented himself his posses
sion OF the half Of the certificate corresponding the
in the letter considered sufficient Identification of the
individual by Mr. Thompson, the cashier and Oh the
strength OF he introduced him to Jacob Little Co. to
negotiate the certificate and that house purchased it at
the market rate The person took in part payment eight
Treasury Notes of 600 EACH 1t turned out that the
certificate was forgery The payment of the Treasury
Notes was then stopped at Washington and descrip
ton sent to most of the banks and bankers here and
Europe In consequence of this the forger found great
difficulty in selling them. Until within few weeks he
gave Of them to the Union Bank London to sed to
this market having altered the of the payee on the
them TO the Bank of America and that Bank actually
ceived and paid them, and the money RENTED to
London through Pickersgi Co. In the mean time the
rogue had offered the other three for sole Peabody
Briggs Co. in London, and arrested for the forge
ry in altering the name Of the payee. The individual
supposed to be the famous Jack Reade" we'll known
in that line of business He will be brough hit to this
country under the treaty. and probably the whole
OF tbs forgeres committed at that time $4 900 will be
covered It is singular that the original depreciation
should have been committed through the Bank of Ameri
ca and that that institution should pay the Treasury
Notes, notwithstanding that they had been infinitely
described evncing singular careessness. The money
WILL however be stopped in London, and Messrs Little
Co. will recover the $4,000 Treasury Notes. all
The general state of the market for American securities
was good and prices had advanced from the previous
vices Illinois 62s to 3d. Indiana fves % to 3d. Bank
Louisiana 6ves IS Sc; Cons Asso. Planters fves to
o.; Union Bank, do 50 Cons Assn Planters do sterling
II 80; Western rail road, Massachusetts,, sterling fves
81; Msrylsnd fves, so, Sellers New York Canal loan
fves, 81 ST. New York City ves "a ST. Ohio sixes 49,
Pennsy lvania 6ves, 49, Tennessee SKIES 3d. Virginia
skies, 81. Uni.e] States Bank shares 10 a It's.
The news by the steamer is of good character. Mo.
ney continued exceedingly abundant and the prices of
English stocks rose, notwithstanding the heavy sales of
consols, account of the estate of the late Mr. Ark
wright. The returns of the bank follows =