New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-10
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St.Y ~ MORNING. MAY 10, 1866,


fSands 10 the Amount Of Three Hundred
Thonsand Dollars ia New York.
The New York Herald says that on the after.
nom of the "a the freaaenters Of Wall street and
The board If brokers were intensely excited by
rumors of gigantic fargeres in checks and railroad
securities The detective police was summoned,
The best legal and Judicial authorities consulted,
and every step taken to insure the arrest Of the
person suspected. THIS person is alleged to be q
Mr. John Ross, we'll known on the street for
six or eight months, but whose financial dealings
had been noticed only within q few days. He oe-
q cupied small office on Exchange Psce, New
York, where, doubtless, his plans we're matured
andentered into with aeoompces VINO must have
assisted inthe preparation Of the gigantic frauds
Of which he now stands aeeasea
The Herald says
The operations executed BY Ross, having lain
many months ii embryo, were ioFeee 70 . success
nal field. Thus far the
(,entinental. Union and Commonwealth Banks,
the firms of Cronise y ge a 50 1pauidlng, and
Nv I'M soFrgF, some of these business men, how
ever. NOT being likely. tQ lose ultimately BY the
Teaiisation of iis schemes. The probability Is that
IA otfsrurominent parties have also suffered, aud
flat these my only their loss y the pub
location of the already discovered facts. Cd
The forged checks weE'es as isssupposed, first
Win with
Cronise& Co. brokers' doing business at No 81
Wall street. Some days sinee,it would appear,
arrangements were made by the forger to pur-
chase fifty Thousand dollars in gold from the firm
and, on Wednesday afternoon, Ross called in per
son to receive the funds. While the money was
being counted, the purchaser produced check
for sixty Jour thousand and odd dollars, drawn on
the Continental Bank-with which Ross was
known to have an account-to the order of the
drawer, and by him dulysindoFsed. AS this check
bore the certitication stamp Of the teller of the
bank, prudent member of the firm sent q lad to
the Continental Bank to assure himself of the
genuness of lhe certi6eation. The first teller oil
the financial Institution at which the document
was presented, examined the paper and at once
pronounced the same duly certified.
With this information the lad left the place and
reported the result Of his mission to the firm who
IN tue meantime had supplied Ross with the gold
and allowed him TO quit the premises Nothing
more was Thought Of the transaction and The check
was deposited ID the Bank OF the GoHlmpnw ealth
where the firm kept an account. Yesterday after
noon Inc. cheeks vi ich had been presented to the
oficials Of the Continental Bank, and pronounced
forgery, was returned to the Bank Of the Com
monw ealth and thence was transferred to the firm
Of Cronise y Co. These gentlemen, no doubt, will
not be the losers By The transaction the officials Of
the Continental Bank having FIRST pronounced the
csrtldeat0n mark genuine at ID F1fn0red that the
teller of the institution, being subsequently, called
tamil the number of the check was I'd be found
thercupon ss an evidence al its genHineness. de-
clined TO do 80, and many incline to the belief that
the paper passed upon Messrs Cronise & Co., is
undecided
a similar game vas played to the detrinlent 81
the hrm Of Black Spnulding Of No, 10 Broad
street, who were waited upon on Tuesday after
noon by Ross. The visitor represented that he
wished to purchase fifty thousand dollars ia gold
and, on being handed the coin, produced in pay,
ment therefor check supporting to be good for
tho sum OF sixtyrfouT thousand dollars. This
check was precisely similar to that presented to
4essrs. gTonise 4 Cos being also drawn on the
continental Bank, Black & SpauIding quietly de-
posted the document ia O drawer, and sent It be-
10re evening to the Leather Manufacturers Bank
On the morrow the check was transferred to the
continental Bank, and early yesterday afternoon
sne supposed valuable paper was returned to the
firm with the pleasing announcement that the Ger.
tit9auon stamp was o forgery.
Bogus Michigan Central Railroad bonds were
eerougns mtg use g yictmize the firm Of David
5r1esneek y Co., established and doing business
ct Ao. 30 Broad street. Some weeks since Ross
waited upon the firm and requested them to pur-
chase ior INN Michigan Central Railroad bonds TO
considerable amount After compliance Ross
called for his bonds, and was lost sight Of for 4
time. He reappeared, however, a few DAYS ago.
ana demanded the loan Of some money, offering
as security sundry documents that purported to be
the original valuables purchased for him by Groes-
9ecA ~ 70. Without submitting the papers to a
close examination the funds were advanced and
iof5yeignt hours later, the bonds were discovered
70 pe IoFgerIeS and utterly yalueess. The loss of
me tlrm Is heavy. The figures, for reasons IN
Known, are withheld from publication.
me nIa 81 hoWes Macy yesterday afternoon
received the visit Of some officials who handed to
them two Checks purporting To he oood far
$54u0O each, which, at first glance appeared to
hsYe been torn from their own Autographed check
peoA. me documents were drawn on the Leather
manufacturers Bank to the order of John Ross
ana pore counterfeit signature of the firm of
loves q Macy, as also the imprint Of the cancel
.aaon stamp Ct the firm The papers in question
h the Union and Commonwealth banks these In
estutoDsi Y u stated, having received them as
genuine. On presentation OF the same to the
Leather Manufacturers Bank they were Ak once
pronounced forgeries, q decision soon AFTER IN.
Alacy. - = =
Two forged checks for the sum Of $64aOo each,
counterfeit blanks, having apparently been taken
from The check book Of bIr. Albert Speyers. al
NO, ~ Fins street, and bearing that gentleman &
signature, we're also, l. is charged, thrown into
circulation BY Ross. The checks bore the imprint
OF Mr.. SpeyeTs' cancellation statlp ana we're
made payable atthe Fourth National Bank TO the
order Of john Ross, the eert6cation stump being
ESQ eounterfelted on the face of the note. These
eheeks,it is stated, had been deposited in the
Union and Continental banks by Ross who had
q once drawn against them, the fraud not being
discovered illl the checks were received at the
Fourth National Bank they were dated Nav i.
ana Doth were numbered 49, 7s5, This error on
sne psIt NJ the forger would undoubtedly have led
y sns qesection Of his crime had the checks been
presented a. one and the same bank
On me presumption that Mr. Ross had taken
passage loE England the steamer Persia was yes
10y aiseFa8on thoroughly searched the officers
- 5yWssefl t9nrnlng to New York unaceompanied
~ w guilty pafty. A number OF grouadless
statements found credenee during the afternnon
ah9 " Ns alternately reported as beng under
ivcA an9 Aey sh the State Of New Jersey III close
oira nv 1 II sAe eell adjaining The detective
ea ~ Als pelee headquarters in this city, or as
s5lIig W ne Ttyel u small boat awaiting lie
ssIis Il y We hlmbs Of the law, to board the
syois ~ AS II Isl up to the hour Of
seslg W press no further news 81 The whereabouts
81 the altegedofger ban 6aet aiy,.g IN fs IN,