The New York herald., 1877-12-24
GIGANTIC BOND FORGERIES.

OVER THREE HUNDRED THOUSAND DOLLARS
OF SATURDAY MORE TO BE MADE TODAY.
Tho arrest ON Saturday night Of William Muir, Fer
dinand Ha.tog and Joel NJ Hayes charged with being
engaged In negotiating forged bonds is said to be but
the beginning OF n wholesale raid now on foot upon
gangs OF bond forgers ever known. Tho matter
OF !erretng them out has been under way
for nearly Elk months ana IL Is believed the cntiro
number concerned will be lodged In Jail within twenty
four hours Tho extent OF thor operations 10 not
definitely known. but there is good reason to believe
that than $500, 900 worth Of forged bonds OF the
Missouri Pacific Railroad bonds issued by tho county
OF ST. Louis the market, besides some
$So. 900 OF Quincy City Illinois bonds.
DISCOVERY or Tue FORGERY.
In August last q man named Strauss q resident OF
Brooklyn was approached by three men who offered
him chance, as they said, to mako some money.
Ao was gwen n $1,000 bond OF the Missouri Pacific
Railroad and asked II he thought ho could negotiate
sale OF IT, lie was told that Il not aitoge thor
"straight,n although ho d.d not learn shat It
was forgery. he took tho bond, promising 10
meet the men who gave ~ to him lew days later.
Strauss took 1t TO Pnkcrton's Detective Agency and
then rcIased how no became possessed or It. Atee-
gram sent to Chief oi Police Jamos McDonougn OF
ST. Louis, asking " any such counterfeit bonds wcro
to his knowledge In circulation. Ho replied no
~
cernins what genuine bonds OF that character In
existence and forward the same soon as possible.
An officer soon arrived with complete lists numbers
and signatures ol tho genuine bonds, VINO, II was
learned that the bond gwen TO strauss forgery.
THE FIRsT ARRESTS
An arrangement was mado ~ watch tho who
offered tho bonds to Strauss, aud Two o them Will
lam Carrere and John H. Hustled were arres ted Iust
as they about leaving office Of Mr. Johnson,
a brokor. ut No. 81 Broauway, 70 whom they
mad gwen $4,000 worth Of tho Same descrip-
ton 10 oe sold. Their arrest led TO other
ftu u~ln
tins are withheld, but whose losses aggregated
$4,000 The bonds IN tho latter transactions arc
those Of Quincy City, III. Cafroro called prom
incnt Broadway banker at about The same tinc mo
bond was offered TO Strauss snying he had s3 900 Of
them, which no would soil at twenty Genus on tho dol
lar, as there was some litigation going on about hcin
Not knowing much about them he Declined TO buy
Another man, broker whosc name Is Withheld and
who was formerly Of Quincy, ILL.,. was also called upon
by Carrcre, who offered nim $4,000 OF tho bonds,
which he bought They wcrcaso cheap that tho
them on 10 Quincy city Tor oxamina.
uon, whero they were pronounced genu-
Inc " so happened ina. .he BANKER who
chasod the SO 600 were acquainted and talked
tho transaction. The broker thought so well oil the
purchase OF tho SO 900 that he authorized the banker
10 buy from Carrcre $50 600 more Carrerc, seems
10 nabit OF dropping III ut tho bankers Office
and on ono OF his visits disposed OF tho SO 0CO which
tho broker was anxious to get The bonds
delivered and paid Tor by tho broker, who stood
saddcd with $50, 900 OF them.
coyrEssSG THEIR CULT
Scvera times since their arrest Carrcrc md Hustod
have oncrcl to MAKE certain disclosures II they
should be granted immunity from punishment but
their terms not accepted IL was intimacd TO
them however that the best thing they could do To
lghlcn thtr punishment would be TO confess all,
winch they agreed to do alter pleading guilty when
brought up Tor trial on Wednesday last CHIEF OF
Police McDonoush Of ST. LOUIS, VINO Is now In this
city rad last night that number OF arrests would
made today.
Tho $4,000 forged bonds oil the Missouri Pacific
RaiIioad, Tor selling winch Carrerc aud Hustled wcro
arrested. are dated july 1853 Tho genuine dac
on July |, lS.s and amount Ia all to $25,upl SEQ.
ond series OF similar bonus WAS Issued on January L.
lSji, to the amount OF $1,000 Two orsed oouds c
the latter we're recently sod IN tho city. ana tho
Bumbers On them are among the highest IL
Is believed tho entire coo have been disposed
oi Hauog and Hayes are said to have
been shovcrs' OF the forged bonds with Carrcrc and
Hustled. while MUIR is credited with beng one OF
the principals VINO never appeared. HariOg was
many years ago member oi large irnportin. nrm,
Van Yalkenburg Hartor, OF this city rne nrm
lost money ana dissolved the senior partner going
TO EUROPE. Iariog romaiaed in New York and is
SAID 10 have been better OF alter the failure than
before. lie has boon OF late great deal 10 Wall
street. and was arrested within two or three years
past IN connection with some forged Erie bonds Tho
Grand Jury, however, iaiiod to indct him and he
was d!acnarged alter spending ioiac time Ia tho
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