The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-09-03
No Jersey Central Bonds Seen.

No Jersey Central Bonds Seen.
The reporter called at the oces OF the New Jersey
Central Railroad Company. No. l19 Liberty street,
late yesterday afternoon. The treasurer welcomed
MIN, and. in answer TO the inquiry as to whether
any forged bonds OF that company had made their
appearance, replied that he believed the rumor
arose from the cOnrounding OF the New York and
New Jersey Centrals. He said that he had not
seen any and did not believe any fraudulent bonds
were In existence.
'NO TELLER CAN FIND QUIZ
The President OF the Guarantee and Idemnity
Company regarded the entrance OF the HERALD
reporter with something like establishment. He
endeavored to impress upon the young man that
the question as to whether that company had
become possessed OF any bad bonds or not was
strictly matter or the company'S own business
He gently insinuated, in language devoid or any
ambiguity, that 1t Was not the business OF the HER
AID. which every morning addresses large num-
Der of the Aforesaid companys patrons TO inquire
regarding the financial standing OF the in
stsGsl0n ne declared that the al, an
100000 mad been Without any authority
from him. Tne HERALD reporter now felt sure
0fft The President did not deny that the CON-
pany held forged bonds but said that all the
rites In their possession were under examination,
did not say that he would give the public the iacts
but that he might be able TO- The reporter is anx-
lous to give the correct idea
Western Union Bonds.
The Treasurer OF the Western Union Telegraph
Company declared to a reporter of the HERALD
that so far not single forged bond on
That corporation had been found. He
stamped the rumors current on the streets
as greatly exaggerated. He stated that
vast numbers Of the bonds had been exam
med since the exposure OF the New York Central
Iorgerles out that, 30 far, among all that had been
presented at the office for Identification OF the seals
ana signatures. not one piece OF forged paper had
prepared, but 1t Is very doubtful Ii they found a
market; at least they have not turned up as yet.
Temporary Suspension in Wall Street.
Messrs. Haskell Brane, brokers, Of No. 10 Broad
street who, as it Is alleged, held $4,000 worth of
the forged bonds suspended business Yesterday
temporarily, 1t Is rumored.
A Curious Rumor.
An ugly report has been spread that number of
city and county bonds have been forged between
the Flagg and the Tweed regime; but up to the
time of going to press can be traced to anthem
tic source.
DcfrnudinG Uncle Sam.
Yesterday afternoon o reporter spoke with Mr..
G. W. MarlOr OF the Sub-Treasury, in Wall street,
to whom belongs the credit OF having first detected
the forged $500 bills which are now in circulation.
The gentleman in question said, eve have exam
ined the $4,000 900 which we have in this building
day that forged $500 bills have been re-
ceived by the Fourth National Bank, Messrs
Duncan & Sherman, the bankers the Park Bank
and several other banking institutions. The im-
on the back Of the bill are however, somewhat
blurred by green, while In the genuine notes the
thority cannot vouch, that an immense humber
OF these bills are In circulation, and that they have
come from the West. Up to the present moment
we have only heard OF them in bankers hands.
Within a few days, however, we shall probably see
further developments In these counterfeits."
Adjournment OF the johnson Case Till
Thursday Next.
1t being made known that James H. Johnson, o
Williamsburg lawyer, who was arrested just as he
touched New York soil on Sunday last, on q charge
OF being concerned in the utterance or q large
amount Of counterfeit coupon bonds OF the
Buffalo. New York and Erie railroads, was to
be brought up for examination at Essex
Market, drew a large crowd OF idlers, lawyers and
pressmen, eager to obtain glance at the agent Of
the cOunterfeiters. Johnson, W no was brought
from the seventeenth street precinct station in
charge of two detectives, was placed at the bar
at halfpast two r. NJ, when his counsel expressed
his readiness to proceed with the case. An adj
journment was had, however, on a note
from District Attorney Phelps, stating that
authorities have become possessed of new
facts OF serious character against him, which
Justice Shandley adjourned the case till Thursday
next. Meanwhile the prisoner will remain at the
seventeenth precinct station 1U johnson is
four, has laughing eyes, and, altogether, does not
appear to be a bad man but those who have known
deceptive and that he is just the man carry out
any scheme, no matter how daring, SO long as he
profits by 1t. johnson has a liberal education and
isvery respectfully connected; but Tor a number of
years, consequent upon his conduct, he has been
estranged from his family. He does not seem to
be much affected by his incarceration, and held a
long and earnest conversation with his counsel
during which he frequently laughed heartily.
New Rules for the stock Exchange.
The following proposed application to the Gov
erning Committee of the New York Stock Exchange
will be suggested within few days. and will, in
all probability, be unanimously accepted, it being
on all hands agreed that change of basis in buy
ing and selling stocks is mperatively demanded
In addition to present methods Of buying ana selling
j.! ARD s Si each month shall Be settling days
Il shall be- deferred the regular business day
a. pro nf to- the a' an & esd fe
% Se al e re rate days pes shall
ssieuistea sSys rssc5dIns
sssr shall be mage according to Of article
M a any is
BY two Sssss of day the
bought in according Provisions article g by laws
s so Of ten S p pes
cent price, without interest unless
he can buy at or within that limit
NorE 1.-The object of having the new account com
furnish sufficient time, at periods OF great speculative
activity for renewal contracts Offsets prior final
settings.
Norx 1.-THE object of the limitation clause Is TO pre-.
vent sudden and unnatural fluctuations, technically
called Corners" the effects of which disastrous TO
the general business of the Stock Exchange and, in u
mate results generally disastrous those organizing
them to their victims. Reference to quotations OF
stocks a long series OF will show that the
rage range much less than per cent every fifteen
days and that the limitation clause would be precau
tonary rather than OF frequent use.
KINGS COUNTY POLITICS.