Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1867-10-18

Considerable excitement was created 10 e.
nancial circles last week. by the discovery Of a
large amount Of counterfeit sevcu-thirty bonds
IL market. The number, is Of course, not
exactly known, but over 100000 had been
pronounced spurious Friday.
1t appears that the counterfeit. bonds have
appeared IL the market since the 9th Of
September. coming mostly from the West ,
and opinions differ as to their ot-in. some
experts considering them to be of English
manufacture. Suspicion as to their genuine
ness was first excited by duplicate numbers,
when, by close inspection with the use Of
the microscope and a comparison Of the gen
uine with the counterfeit, their true charac-
ter was discovered. About $4,000 worth
Of the spurious bonds had previously been
redeemed at the Treasury, but the Govern
ment it is said viii lose nothing by this
transaction. as il has the receipts Of the W.
ri0us parties presenting them.
All the counterfeit bonds Will be destroy
cd, and the bankers sending them in are not
credited with them, 20 that the government
loses nothing, while the bankers and brok-
ers suffer if they cannot 20 back on the par
ties from whom they purchased the spurious
bonds.
The following points Of difference between
be genuine and spurious are given
The Secretary Of the Treasury viii make re-
port in a day or two on the recently discovered
counterfelts Of the 80 bonds. The Department
furnish to-day the following defects in the new
counterfeit
The points Of the star forming the seal arc
longer than IL the genuine, and have slightly
blurred appearance, and the red ink Of The seal
is a shade lighter than IN the genuine The |
imprint at the bottom Of the bond is Get differ /
emily in the margin. There il an observable /
difference in the expression Of the vignetie. Re
presenting a female figure upon the face Of the /
bonds, the lines not being as sell shaded nor as |
smooth and uniform in color in the counterfeit
The figures denoting the number Of the bond are
slightly uneven, and the blue ink in which they
are printed lacks the metallic and glossy appear
ance Of the genuine, The red figures IN the
coupons attached, designating their numbers,
are larger than in the genuine. The borders
and ornamental lathe work Of the coupons ap-
pear blurred and indifferently executed. and the
white space between the margin Of the bonds
and the coupons is wider than in the genuine
lOnis'
In the lower left hand Of the genuine ones.
lfter the word Treasury" there Is a colon in
Inc script letter, thus while in the counterfeits
heIe is only period or single point. In the
Inc Pay 10 the order of,' the "of'' in the
euuine is very fine on the upper and lower out
ide line, and in the counterfeit coarse and
esvy. IL addition TO these dissimiliarities the
ne Of sarE On either end Of the note are distinct
nd prominent in the genuine, and indistinct
I'd blurred in the other. Turning the bond
yer, the heavy border surrounding the words
Pay the bearer is Of much finer Workmanship ,
! the genuine than IN the counterfeit. Some
Arties say, concerning these and other ddiffer- !
aces recognised, that they are too nice pistinc-
ons, even for the prsctioed eye Of al ex ert.