Year: 1873

The Alleged Defa utter Not Yet Captured--
Strange Rumors Concerning tine Dcfal-
cation-Nrorc Light Wanted ON n Dark
Subject.


There were no new developments yesterday in
the case of Hoslord, the cashier of Augustus w.
King Co., No. 80 Pine street. and the detectives
have not as yet been able to obtain clew to his
whereabouts. 1t Is believed that the so-called de-
fauter could have been apprehended had the firm
taken his advice to "keep COOL" The fact is that
the discovery of the delalcation threw them into
such state OF decentralization, apparently that no
one was able to suggest any plan OF action or to
give the detectives the necessary information upon
which to base their operations in their intended
search for the runaway. Strange it may seem,
the despatch sent on Monday afternoon by Hosford
to Mr.. King, in which he advised him to
keep cool and promised that he would make
his deiacation good in week, was not
shown to the detectives until late on Tuesday after
noon. This, it is easy to perceive, was serious
blunder on their part, as the despatch had the
usual station name at the bottom, indicating from
the despatch was cooper Institute, showing that
the missing man had gone up town after he had
got


THE CHECKS CAsHED.


Had the detectives been made aware of this i'm
portant fact as soon as the despatch had come to
hand they would doubtless have been saved great
deal OF useless hunting for him in quite different
direction. At least it would have furnished them
with sonnet thing like a clew by which they could
have tracked him from the Cooper Institute-by
whatever route he had taken. Indeed, the keep
ing back OF this despatch from the knowledge OF
the detectives, in the opinion OF many persons,
who, probably, jump too soon 10 conclusions, had
q suspicious look about It, 1t Is certain, however,
that IL was not kept back purposely, but that in
the CONFUSION Incident to the discovery OF Hos.
fords alleged vilany the firm simply neglected to
make it known to the officers at once; and TINS
may be relied upon, despite the rulnor started by
somebody on the ''street" that the firm knew more
about HOstords whereabouts and the reasons why
he had stolen the money than tney were willing to
reveal Mr.. King is determined 1T may be
said, 10 have Hosford apprehended at every cost,
ana that, so far as the firm are concerned, every
effort viii be made to that end. They will be ali
the more urgent In the matter because OF the con-
fdence they had always placed In hun and when
he ungratefuly betrayed.


Mr. King, who is in poor health and who is ap-
parently suffering very much mentally from Hos
lords action, while courteOusly receiving the
porters who called upon him yesterday for addi-
tonal information In relation to the case declined
70 amy teat anss sa. @ may have
new OF interest to make public" His reluctance
to talk about the matter, on his part Is due prob
ably to


THE ADVICE OF THE DETECTIVES,
who while working up the case, want the reporters
to be kept in the dark as their doings or those Of
the firm There were all sorts of rumors in Wall
street during the day concerning HosOrd and his
connection with the firm, and the general opinion





TO be quite large one when all tue facts had been
unearthed. The figures given on the street ranged
all way from $20 900 to five times that amount,
but as they were all OF course street qu0tatiols'
simply no reliance can be placed on them. One
rumor was to the effect that Hosord had made
away with valuable securities held in trust by the
firm OF course, as the firm refused to talk to the
reporters on the subject at all, whether tns
is well founded not is yet a question to be
decided. Later in the day there still another
rumor thar the firm had suspended; but this rumor,
like the others, could not be verified for the same
reason-the refusal OF Mr.. King to give any nor-
nation about the case.