The New York herald., 1874-11-21
AMONG BANKERS AND MERCHANTS
Trade Topics-No New ssNorthwest'' For-
geiies-What Prominent Banker

Trade Topics-NO Now ssN0rthWest'' For-
geaies-What n Prominent Banker
says.
There was but little gossip in Wall street yester.
day, and no events OF Importance In the stock
market which could not he briefly chroniced by
the variation In prices or the different securities
dealt In on the Stock Exchange. The bankers
very gene ally feel alarmed az the risks they con-
sfanty run OF accepting as good delivery
FORCED OR ALTERED BONDS
ike those OF the Chicago and North western Rail-
road COMPANY In conversation YESTERDAY with
Mr.. Robinson. one OF the nrm or Messrs. Drexei
Morgan Co., bankers. thar gentleman told the
HxRAlD representative "that tnoir nrm would not
accept as collateral or even buy
LTTHoaRAruRD RAILWAY BoSps,
as they considered them dangerous and easily
counterfeited. Every bond should be engraved
ON steel or copper plate. should be executed In
the highest style OF the engrayer's art
and the inks employed should be
those which would stand chemical
tests. renoering alterations or erasures impossl.
bie-or very di0icu!t. at least. l. believe" added
Mr.. Robinson. 'taat the stock Exchange havc
taken some action in regard to autographed
bonds, declaring they should not be dealt in"
commemorative any new bonds OF the
Northwest Company been declared .orgeries otoer
than the aiteen whose uumbers were published In
yesterdays J0urnal3f
Mr.. RoSIksoN-No more that I have tcard Of.
CoRREsPoNpENr-Thcse bonds came through
your housa from Philadelphia. did they nOty
Mr.. RoBINsoN-Yes; ana from this fact, and II in
OF Philadelphia CITY warrants the conclusion Is
natural that the counterfeiters and forgers nave
their headquarters at or near
TUE QUAKER CITY.
CoRREsPoNDxNT-iiave you any suspicious as to
Mr. KopIssoX-Yes. l think the city warrant
ana bond forgeries emanate nom the same
CAPTAIN SAMPSON. THE DEFECTIVE
OF the stock Exchange, was found at tue United
states Treasury building. He told the reporter
"he believed THESE ntcen bonds were TIE identi.
cal bonds he had two years since seized as forged
bonds"
The Assistant Secretary OF the
who was found at the cOmpany's otice, NO. 62
Wall street, SAID ''that the liteen bonas were all
were no Developments, sc lar as he knew, further
than those published Ia the morning papers or
course all proper efforts were being made TO dis
cover the criminas."
Among the
CHEAP TRANSPORTATION ADVOCATES
two suhjects In regard 10 way matters are en-.
crossing attenton-viz the first shipment OF
grain to baltimore, from Aiolon. Ind, over the
road, and 10 connection Herewith, the Importance
oi Baltimore as y shipping point and iuture grain
centre. az affecting tne New YORK commercial in
MYSTERY or THE PAMRAPO DOCKS,
near pamrapo station. n. j.. on the New Jersey
NcutTdl nhIltOous lWVG years 6luCc uVc 6CEeS Vi
ground and over 600 feet OF water 'front.' on New
York Bay at Pamrnpo were sold for about $4,000
and last spring resold to Morris Cummins. con-
tractors ior $4,000. These gentlemen lmme-
diatel. commenced
AN IMMENSE RAILROAD PIER,
supposed to bc for the Baltimore and Ohio Rail-
road or President Asa Packer, OF the New Jersey
Central Railroad. as au ally oi the former road
reseHtsuVe ri '' Yesterday that ne had freauentiy
sought Information from the contractors as to the
uses OF the pier and the names OF their employers.
but the builders were
SILENT AS TURTLES
At present the c0mpany-ln whatever interest
they are wOrktng-have control or water front
OF over 8, 900 ieet with q buiknead OF about 500
feet, and depth Of three feet OF water at low
water marx and eight feet At high water.
No wonder the merchants DOWN town discuss
these mysterious piers.