New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-09-02
". s. WARYER'S LABGB PROFTS.
THE EXAMINATION OF WARD RESUMED
FABULOUS SUNS PAID on SHORT INVESTMENTS TO
rHE PRISONERS FRIEND.

r.RutoUs SUMS PAID on SHORT INVESTMENTS TO
THE PRISONERS FRIEND.
Ferdinand Ward was the only whitehead man yes
to-day in the General Term court room OF tie Oour'
House. All about him were lawyers win iaces Us
brown as berries and countenances beamns from mem
or;cs of wonderful catches OF fsh ana pags oi game
"a =, abundant fresh air. Referee Coles month at
~,a,ock had left him in prime condition; similar re-
.r,ts had been worked out for Lawyers Alexander
unhhord y & Bangs, Charles IL. Butler and Horn
Mover Receiver Davies had evidently undergone
GINNING proeess 30 had ex-Cashier Spencer Sfenog-
ronber Caswell had taken long pull of fresh ar IN
Ma,,e and he was once more prepared 10 reel on
fo;os of reports Ludlow Street jail was the iaeall
eholy cause of Mr. Wards unique appeala;SS -, tbe
the lawyers said sadly: warts color ls u"e ~ '"o
80 az thot he has done no fishing this summer
Mr. Ward took the stand to resume his ucsrn9nS III
the suit OF Assignee Holt to set asiue le arr oo
ravences 10 w s. Warner. The case was suddenly al
;o.rned ON July 90 in consequence OF the dtatn OF
General Grant. General Hubbard took up the SUBJECT
of the $50 900 600 in checks IN Tue sed go
octions between Ward and Warner hata useu TOT
reteTenoe his own tabuated twoby-thr account
M his contract patent Sums IN tens anu "a
thonsands of dollars passed heetly over. INC
trac,no of sums was a slow process however inToiVng
a labyrn. hIne procedure. In transaeuon v, 800
her 3. 1882 Warner put IN 50 900, and ca tns ne re-
ceiyed from the " contract w. nc le'ter- PIess
Soot Iontainnv copies of the Ward-Warner contracts
and reeeipts was source OF constant ieI-Ience'
ard would read of one of the " contracts ON GER
sain Gto trQUs4CtilS.
ohack vould be traced aud then the receipt hunted
nm n " clinch he evidence. In one case warner
nut IN IS 900 on January 81 and 81 VoU on January
81 1883 and the corresponding check, when inc
-. ON tbc contract were surrendered. was
SSIg go On February 6, 1888. Warner put IN
100000 The corresponding letter-press con,I"cV
called for two sums of $1,000 each on feoruery - rs
the total due on the investment preht oil Slooo ON
$4,000 for diteen daTs. , =
General Hubbard blandly asked Ward the nature OF
the contracts and the witness promptly Esad .h o
exceedingly definite words certain taisaelions'
certain pool transactions" and certain contracts
The sum Of $4,000 put in by Warner on February
Ia corrcsnonding contract calling for $4,000 ON
March / Ward in referring TO his letter-press book
fonnd the sam 900 cut up INTO contracts as i9
sS 400 calling for S225O SIS GOD. for $4,000
s15 1000, for $4,000; SI0O0 Tor So,ZVo to.ai
$4,000 calling for $4,000. The following
;nteyest,ng conversation between General Hubbard
and Ward ensned
General Hubbard.-Why were these eohuHc''
divided up into these sums
Ward.-l don't know, slF
General hubbard-Who did divide them upl
Ward don't know, ar.
General Hubbard Who drew the contract
Ward-I don't know. sir,
General Hnbiard.-When did you first see the con-
Ward.-It was brought to me at my Office; suppose
bv Mr. Warner.
General len; Hubbard'-Dd you divide the sums up in
that way
The witness then went on with his letter book show
mo croft of $500 on 5000 due Warner fourteen
DAYS from date $3.50 $1,000 fifteen days from date.
willie 81 600 on February 10. 1888 to bring in
SOD 600 on March 2. On March and 10, two
contracts for each date calle for total OF S234OO
fifteen DAYS from date Ward could not tell how much
money lad been put in 70 cali for this the prcsump
ton was in favor of $4,000. as the sums deposited
were in mulhpies Of $4,000 generally
On March "a, 1888 check from Warner OF
$50 600 brought six contracts whose total footed mp
$50. 500 to be paid April 10 following. giving
q % per cent for twenty three days. Ward said
that whenever any contract became due and given
up to HIM the check of Grant & Ward was given.
Warmers deposit of $3.50 700 on May 81. 1883,
brought him in S27OOOO on june ~ sZZo;OOo on
ds te sweled to 100000
The following table gives q few Of the profitable
W ard Warner transactions Indicated in the words
- contracts" "poOls" memoranda" and due