The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-01-06
$500 C0UNTERFETTS HERE.
TWO OF THEN COME TO Town, bur
MERELY TO BE LOOKED AT.

one was Forwarded from wnsh,nsten t. the
sub-TrensnrS, ana the Oiher Was Redeemed
by the Proprietors or the ~"Connterrsit
Ds~teciorr-Bnnk Omciaia Examine Theua.
Two specimens OF the 500 counterfeit si.
yer certificate reached this city yesterday. One
came 10 the Sub-Troasury, having been sent on
from Washington by the Treasury Depart
mcnt at the request OF the Sub-Trcasury OIL.
GERS, and tho other was received by Dicker-
man d Holler OF 81 Broad street, publishers Of
tho United States Treasury Counterfeit Deteo-
tor. The Inst mentioned noto was onaof those
received by the Merchants National Bank Of
Philadelphia and was paid for at Its face value
by DicRorman d Hollcr, under an agreement
with subscribers that they will redeem on pres
~entation any engraved counterfeit United
States Treasury or national bank note not al
ready mentioned in their publication. Their
right to hold specimens of counterfoits Is under
special consent granted by the Secretary Of the
Trea Sury.
The specimen received at the Sub-Treasury
was AT. once handed ovor to tho twenty ham
dlers OF money in the noto division so that they
might thoroughly examine and study IL, in or
der to be able to instantly detect others should
any reach the institution, During the day .
banks called at tho Sub.1reasury to SEQ the
sp SSGGimS Deputy Assistant Treasurer M. L.
very dangerous counterfeit.
The general appearance Of the note and the
CnhruCler OF the paper are seen 10 differ slightly
from the genuine ON very close comparison. A
feature, pointed out by Mr.. Muhlenan, was .
less diRniflcd expression than In the. genuine
In the portrait o: James Monroe. The speci-
men had been partially split to show that the
front and back were separate pieces of paper,
between which had been scattered silk fibre
and the pieces neatly pasted together.
SO far no local bank or financial institution
has announced the discovery Of one OF the coun.
%terfcits, although they. are known. to have
reached Philadelphia, Chicago and st. Louis.
notes of tho issue counterfeited that are ro-
ceived. Tho issu Is the current ono Of 800
silver certificates. and IL Is understood that ia
place will be taken by a new issue now In
course. of preparation. There arc about $685.
100000 In 800 silver certificates in circular
ton, and more than three-fourths of them rep
resent the c9unterfoited issue.
S11S,oo0 in 800 bills to Washington to-day
from this city.
WASHINGTON. Jan. 5.-United States Treas.
urer Roberts was informed to-day that tho
Assistant Treasurer in charge of the Sub Treas
ury in Boston had refused to receive any. 800
silver certificates from tho Custom House, bank
ing institutions, and other sources for fear that
Roberts instructed him by telegraph to receive
all bills presented. accepting them undor pro-
test in case of doubt of their genuineness. Tho
Government could not refuse to receive them,
MIR. Roberts said. and IL was not desirable to 70.
fuse. for the issue has been recalled.
1t is expected that all OF the Sub-TreHsurie1
with tho exception of those in the far Wost,
next day or two all OF the 800 silver certificates
in their possession. No further discoveries OF
counterfeits we're reported to the Treasury Do.
partnicnt to-day.