Daily Los Angeles herald., 1881-10-21
CHEAP BOND MARKET.
Two OitIssns Purchase $1,000 United Slater
-Four Per Gent. Bends at IS and 90 Gents,
respectively.

estsrday morning Chief of Po-
lice Gard was waited upon by Mr..
I. w. Hsllman, President of the
Farmers and Merchants' Bank,
who informed him that he had
learned that, on the evening before,
a United States four per cent. bond
had been sold to Mr.. H. J. Wool
lacott, and that. knowing that
some bonds, the numbers of which
we're kept at the bank, belonging
to Mr.. @. Behringer, had mysterl-
ously disappeared short time ago,
he desired him to investigate the
matter. At the conclusion of the
interview Chief Gard called upon
Mr.. Woollacott, who showed him
the bond and gave description Of
the person from whom he pur-
chased 1t, under the impression
that it was q Confederate bond.
From the description, Mr.. Gard at
once fixed on young Spanish
American named Pedro Reese as
the bond vendor. Knowing the
hsunts of young Reese, Chief Gard
soon found him. On being ques-
toned about the bonds Reese said
that two Of them had been given
to him by q young man from San
Francisco who had been in the
city for some time. He said
that after selling one to Mr.. Wool.
Iacott, who gave him so cents for
1t, he took the other to saloon,
where he exhibited 1t to some men
and offered to sell 1t for rs cents.
None of the party being aware of
its value and not having sufficient
patriotism to pay that sum for u
portrait of the late President Lin
coin, his offer was not accepted.
Mr.. Walter 8. Moore put in an
appearance at this juncture, when
one of the party remarked, oval
ter Moore is y good Republican,
he'll buy It," Mr.. M. looked at
the bond as it lay on the table and
seeing the portrait of Lincoln,
asked the price and said, "Of
course, I'll give two bits for Old
Abe" Folding the paper up he
put 1t In his pocket and, without
examining 1t, walked of.
After learning these facts Chief
Gard called upon Mr.. Moore, whom
he Informed OF what he had
learned, and he and Mr.. Moore
took the bond to the Farmers &
Merchants Bank whsreit was iden-
titled as one of those lost by Mr..
Behringer, the oneO purchased by
Mr.. Woollacott having been pre-
viously identified and restored to
the bank. There are still three
bonds OF the lot lost by Mr.. Beh.
ringer missing, one for 1000 and
two.for $500 each.
Mr.. Behripgsr Is unable to &C.
count for the loss Of the bonds. He
states that last Saturday afternoon
he took the tin case in which they
were kept and started for the Farm.
ers' and Merchants Bank for the
purpose of depOsiting them there
for safe keeping. Finding the bank
closed he concluded that he would
cross over to Ponet & Orr's and de-
post the bonds and some other val
uables in their safe. Whether he
went to Ponet s. Orr's he does not
know, as he suddenly lost all
recollection, the result Of an over.
dose of medicine which he had
taken that afternoon. He was af-
forwards found wandering about
the hills In q dazed and stupsfied
condition and taken in charge by a
policeman. On his person was found
a certi ficate of deposit Issued by the
F. & M. Bank for 5000, but the
tin case containing the bonds was
missing Whether he dropped it
or whether 1t was taken from him
he cannot remember, as he has no
recollection of anything that oc-
CURED after he started to Ponet &
Orf's.
Young Reese was locked up to
await examination on the charge
of grand larceny, and Chief Gard
hopes from the clues already In his
possession to induce him to dis.
close the name of the person from
whom he received the bonds.