The penny press. [volume] (Cincinnati [Ohio]) 1859-1860, 1859-12-01
DISCOVERY OF A QUARTER OF A
MILLION or DOLLARS IN CSEN-
TERFEIT BANK.NOTES.
Plans and Movements Of a Large Gang
of Counterfeiters Thwarted-Import-
ant Arrests. t

Plans and Movements Of "A Large Gan,
of Counterfeiters Thwarted-Import'
ant Arrests.
Detective Reany during recent trip to th
West accidentally fell in with several coun
terfeiters, and, after arresting one Of the num-
Der, obtained the knowledge that within the
last month at least $25O,000 in counterfeit
notes, mostly tens, on the Canal Bank Of New
Orleans, had been engraved and prepared fo
circulation in Indiana, and that different par
ties had been engaged TO circulate it simulta
neously throughout the West and South, rely
ing upon New Orleans, st. Louis and Ciucin
natl as the chief points Of operation.
Reany has a number of the ten dollar noteE
in his possession, and they are among the
best counterfeits ever made in this country
They are fac similes Of the genuine, and sc
closely do they resemble it in design, engra-
wing, filling up and signatures, that no one but
the most experienced teller or cashier could
determine their true character.
The notes were put out only few days ago
and one party waste, and did leave, Cairo with
$l25, 900 to operate in New Orleans, while an.
other was to repair to 81. Louis, ana third
to this city, with the balance; and all begin tc
"shove" it at one and the same time. The notes
are 80 admirably done that the gang believed
they could get off an immense lot before the
bills were detected; but by the cunning and
energy of Reaney their plans are thwarted
at least for the present.
The circumstances by which these discover
les were made, are these. Reany happened
to be in the Ohio and Mississippi Railroad train
coming West, when, near Sandoyal, he observ-
ed six persons, four men and two women, on
the train, whom he knew to be counterfeiters
having seen them here and elsewhere. Al
soon as the leader perceived the officer, the for,
mer had the train stopped for some pretext
and got off with four Of the party. Reany
knew, If he followed those persons, that he
would find no money on them, and therefore
concluded to remain in the cars, and watch the
chap left behind.
He did SO, and soon detected the fellow
passing on the conductor ten-dollar note
Reany seized the scoundrel, and, after finding
several Of the bills on his person, stopped al
Salem, nine miles this side Of Sandoval, and
lodged his suspicious character, Lewis Degery,
in Jail, to which he was re. e.committed after
examination in default of ST 900 bail.
! Reany then telegraphed to st. Louis and
the party of FIVE, save one--the leader again
were arrested; but as little money was found
on them, the quartette were dismissed. A
telegram was also sent to New Orleans, warn.
ing the Cashier of the Canal Bank and Others
to be on their guard against this spurious pa
per. A dispatch was received from New Or.
leans for Reany last evening, but when We
saw him, at a late hour, the document had no
come into his possession.
The whole affair has been we'll managed
so well, indeed, that the $25O,OO will not b,
put in circulation for some time, il ever
Reaney expects, ere long, to arrest some of tn
conductors Of this movement, and seize upol
the engravers' plates and all the apparatus.