J. O. Maloney hid his money well. The currency which he hid was found, but the gold and silver coins still remain hidden near Morris, Connecticut.
Maloney, an old and very secretive recluse, died in 1887. It was known that he possessed large sums of money in the form of paper currency and gold and silver coins. After he died, many attempts were made to locate the money, for no trace of it was found in his house near Morris.
It was assumed that he had hidden his savings somewhere on his property. Many people searched for the old misers wealth, but each search ended in failure. Some of his savings, however, finally were found by accident. Two men hunting squirrels in October 1887, near the old mans house, wounded a gray squirrel.
The injured animal managed to crawl to its nest, a box that had been wedged between the branches of a tree. One of the hunters climbed the tree and found the squirrel dead in the box. As he removed the squirrel, the man suddenly noted the padding in its nest. On closer examination, he discovered that the padding had at one time been paper bank notes.
The squirrels had chewed up the paper money to improve the insulation and comfort of their home. The shredded bills were examined by experts, who declared that their original value could not have been less than $5000.
It seems likely that Maloney placed the currency in a well-sealed box and hid it above ground in the tree to prevent deterioration from moisture in the wet soil. Squirrels, who have no difficulty in cracking hickory nuts with their teeth, found it easy to enter the box and to use the expensive insulation and bedding they found there.
The silver and gold coins probably were buried. Since no one ever admitted finding them, they may still be on the property that was owned by J. O. Maloney, near Morris, Connecticut, in 1887.
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