Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1865-08-16
FRAUDS IN NEW YORK.

New YORK, August l5.-There is great
excitement in money circles this morning, and
a number OF failures are reported, among
Others, there are Chas. A. Graham 4 Co., and
Ketchum &. Son, who have suspended.
z 5 It appears that Mr.. Edwin Ketchum, Of the
firm Of Morris, Ketchum & Co., has been In
charge of the business of Mr.. Charles Graham,
broker, in Exchange Place, during the illness
of that gentleman. Upon the return of Mr..
Graham to his Office, he discovered that several
checks were missing from his check book, and
this fact led to the suspicion that Mr.. Ketchum
is concerned In the forgery Of certain traudu-
lent checks that have been, within few days
past, brought to light. It is said Mr.. Graham
has been victimized to the extent OF $3.50
0O0 This morning the firm OF ketchum &
Son suspended payment, and Graham & Co.,
also announced their inability to meet their
engagements. Mr.. Graham stated at the
Board of Brokers that he hoped to be able to
settle all his stock contracts at to days prices.
Another statement IN explanation OF the sus'
pension of Morris, Ketchum Il &C.. is that
Mr.. Ketchum' son had abstracted bonds and
other sureties from the vaults OF the banking
house, to the5amount Of S2,OOO,O0O Another
statement is that young Ketchum forged gold
certificates to the amount Of So, 5000, 900 which
have passed into the Golfers of the banks, which
will be the principal sufferers. Sitting the
various rumors, it seems to be established that
young Ketchum is guilty of robberies to the
amount Of not less than $4,000, 900. He had
for some time taken the place OF bis father IN the
management of the business, and he possessed
the fullest confidence Of all who knew him
He left his home last evening and has not been
traced since. His partners did not suspect
their LOSSES yesterday, SO adrolty we're his
operations conducted.
Edward Ketchum, who has absconded, is 25
years of age, and has been married Two or
three years, and has one child. Before de-
parting he left letter for his father Ia which
he admitted his crime and asked his father to
provide for his wife and child, saying be had
provided for himself.
The Fourth National Bank, it is now stated,
IS involved by his transactions to the amount
of $3.50, 900 having negotiated some OF the
forged certificates.
A card from the president ot the Fourth
National Bank says it is peri city sound, and
that the earnings for the last six months exceed
the amount of forged certificates held by them
The progress Of the cholera in'thc East, and
the cattle pestlence in portions OF England,
and the consequent fear Of dear'h OF animal
food, are subjects of great interest in European
papers.
The tide Of Western cmigratlon to the States
and Territories on the Pacific slope seems to
be flowing III greater volume the present season
than at any tine since the California excite
meDt
The town Of Stevenson, on the line of
the Nashville and Chatta ,ooga railroad, was
almost entirely destroyed by fire yesterday 1t
was the work Of an incendiary
It has been decided by the Secretary OF the
Treasury to make change in the officers of the
Custom House at Boston who hold their places
by Executive appointment.