, 1881-10-16

1JISpQkCH 20 ANE &HtEQ2V 4s79iHee
y itNEw :YoEE, Oct 15-The principal subject o1
cnoyersauon and. comment in Wall street was
: the reported discovery Of a large amount o.
i; Forged commercial paper which had been Sic
cessfully negotiated In this market. The d S
,covcry was nnde on Thursday afternoon, but st
" swell did tho persons interested guard the secre
s:1hat Il vas not known ~ the general nercantie
:: !: and financial community until: this morning
=: When the report did gain currency all SORTS ot
-rulnprs we're set adpas- Ali TINT could be Ger
,zr r.xaiuly, determined was thai commercial paper
. 4caring the signature OF Heustis s. Hamilton. q
d TonueHt firm .: Grocers in Fort Wayne Ind
as,><e t,een discounted by certain banks and in
T. Fduais tn this city, and :1na since bcen a
!. PEoSouScEn TO BE FORGED, ~; =
y What 1t was negotiated through Hong Ludiug-
81 81 ton. note bankers. OF No. j34 Pearl street and
6 that it was received By them from John Stevens
81 H.. broker. OF No 1G5 Front street, Ii wns
T<Aasserted that among the banks vfctinized were
3akhe Broadway National. The Aercanrile Nation
:s2al and the Fourth National and the amount ot
= the formed paper Nns vnriou5lr estimated ut
from $4,000 to sl0a03a. Later in the dag 1t was
+ ailcpuC TO have been discovered that tho: paper
4 Of j, E. Mcintyre s. Co., Of Dayton, O., and Of
:. Stevens, Wood, s. Thatcher, Of Columbus, had
been forged nnd disposed Of in this market tn
considerable extent, and it then became evil
= dent thnt tho forSeries must have been com-
: s1nitted rs some person thoroughly conyersant
:; with the Signatures Of Western me rchants, the
: Presumption being thar. 49,.
: ONE rAATr WAS EEspoSsmLE FOR THEM
:".,x .s~s*,.s 81: So ALL -: Fl '~"-
As general thing those who could throw light
On the 1acls u, regard to these frauds were ex-
i, formation tn the press. 1t Is known thut the
:1roadwnr nank holds some Of tho forged
~.@,em shey :lnve negotiated or TO what aggregate
fEnbunt 1t Wits Impossible to discover. Indeed.
:; tie officers Of tho bank declined to talk on the
tjltjcct Mt All, and refused either TO admit or TO-
t: deny thar they held any OF the torsyeu paper:
tIhe Mcrtantile National nanE William T. st.
ahu. the Cashier. said that the story that forged
! 1fotes purporting 10 lie drawn by Eeustis s. Ham-
rrifo1a' " ~ -.
S4AD BEEN NEGOTIATED IN THIS MAHkEr
: Vus true, but he added: = II is not true thnr
this bank holds snyof The ',ape,, and ! don't
! counted notes u: Heustls !; Hamilton, and We
;1oos. Upon their: paper as tirst-class. 1t has
] :nsid by us was fasea Stl up. W by- ~ gen gen.
ittlenaa on THURSDAY, ::sho paid for it
a 'hs hs,a n the FFta
National Bank, said that TINT institution did not
:, hold any of the forced paper- AZ the o:Bee OF
i The. nceohauons Tor the discount OF the paper
I were made -
t:.<'s H. ALI 1sFons1Ar1oSs WAS DENIED. :
Nr-Iuadinaton said he had been advised 70 say
:. nross s c. are provision: brokers at No. lo5
ETont s. rect !: 1ne: tsssn consists at present
St A1sa5a.n lnaa hsaner; 3r sna can,nn Mii!aaa
who is also connecled with the house. said: that
:: the moment tie fof:series were discovered they
teie9raphcd tn Mr.. Henssis,f ana he will probably
be III The city eRrtg next week.. The rirm has
ac1ed as purchasing axen, for i1custis + usl,ntl
/: Ion Tor about ten years, and great deaf OF tho
: of Stevens Brothers i CO. 1t was perfectly gooj
for its face at nil times, aud cculd always ho
discounted at IS per cent MIR. keamer knew
the market, bur was inclined to believe TINT 1t
had been -" - .~s.
y r.: ::::'~'. GREATLY EXAGGERATED
in, the reports current on the street. A prom
1nenE bunk officer, however, says that fr.,su
.,fhat be could learn. the forged notes amount
about 81 ,Cs.l He had heard of no banks hoid-
donai, bur several had been discovered by in- !
III ciduaas> and as the paper WAS ulwuys good in
tbe -,narket ~, the r:esmphon WIZ was ttat ether
e sd'e eSso Of Z THIS
running iast horses Ills description tallics
with that of the man who redeemed the note ut
the Chemical National Bank. and who hus re-
knows the signature of tile Iudiana firm well. 1t
5a said, roo. that he has left the city and cannot
6: found. BE Is
THE M1S syIIosI THE VICTIMS ACCUSE or
!. :: ~' 49, THE CRIME,
but whether they are on the right track or norts
Hnuts1er question. The suspected uaan WIS not
mt home tonight To the question when be wnud
.t,brained Nj. G, ". Hoa::7 Of the tirm OF Hong
u ton, when, asked tonight il John
'6lssvns, Jr-, formerly, Of tho tlrm Of Stevens.
.Btos g. CO., WIS tho man who gave his firm the
Paper, said: - have nothing IL sa;- hare no
idea as to how unuch OF this forged paper has
crpt tu tho way OF iessitimate business We are
nnT iii the hauds Of our COUNSEL however, and |
do not care to TALK !.
:. = :: : =" - 1erAT EcrArN