The New York herald., 1877-01-15
FIsHKILL's DEFAULTING CASHIER.

THE DEFICIENCIES SAID TO BE INCREAsISG--
MrsAPPLICATI0N OF TRUST FUNDs--RETI-
cENcE OF THE orFICERs OF THE BANK
RUN ON THE F.sHKILL SAVINGS INSTITUTE.
PoUGHEgErsIE, Jan. IL, 1877.
All of the affairs OF tho National Bank OF Fishkl arc
still In donbt except in the fact that tho deccnc,cs
will probably be heavier than FIRST reported.
There was u statement made on Friday or Saturday
last that the Incorporated bonds those OF tho
savings bank which docs business In tho build.
,ng. This was all wrong aud has worked injury to
that bank which Is very annoying So far as can DO
sscertancd all OF the bonds taken TO New York and
hypothccatcd by Cashier Barlow the property OF
individuals who placed Them in The National Bank OF
Fishkiil for safe keeping, or, IN other works, IN
trust"
Tnis list alone foots up s21 200, ana losses arc
turning up almost every hou IL is stated that the
pert VINO Is banding toe books had thus TAR uncarbed
u deficiency OF s15O,000 Should tn,s prove tho
gcneral impression " ihc bank will have TO wind up
it's AFFAIRS. II is reported that Cashier Bari ow, and
The bank through him. has lost heavily III the Dulchcss
Ore Company. Leonard Horton, OF that company,
when spoken to about the matter, desired TO have
understood that such was not tho case but he did
deny that the bank had experienced some losses by
company.
tho bank officers maintain silence and insist that
thcy say nothing until the cx,mnn Of accounts
Is finished.
THE LIST LONG OSg
IL was stated that Cashier Barlow had furnished a
list OF the bonds hypOthccatc by him In New York,
together with tho amount OF each and
An attempt made 10 secure the list ior the press,
but the officers refused 10 EXHIBIT IT, saying, however,
that such n list had been handed them by Mr. Barlow.
uud significantly added 'it ~ long one" That was
ali that could be asccrtained about the matter Acting
Cashier Rarcic stated ON saturday that o tho
made the heaviest Uycraraits nnd aire iy
appeared ut the bank and promised person mako
crything good The names OF these gentlemen ars
wnnheld. 1t Is possible that tho expert ~ wox
on tho books will finish tomorrow next day. When
he started ne thought woud take hun inrcc days
but bc has already gone over that time In tho alb
O positive informaf lion there feeling bank
ing circles IN Poughkcepse that the onccrs OF tho bank
" III be compelled 10 put up the shutters
THE SAVINGS INSTITUTE.
As TO tho FishxiIi savings lns,nnie. II Is believed
II IL affected by the National Banks troubles but not
II yesterday and 1t Is unersood hat The bank reused
farmers. mechanics servant girls and tutoring people
b,scgcd tho hnnk, aud the Treasurer Thomas T..
Dcarln. was Kept busy paying out deposits He pad
out {l2,UO0 on Frii lay, and more yesterday but tho
biggest run on tho bank rs expected Tomorrow, ana
the President left town Saturday to obtain funds
to meet u, and will no doubt succeed. There arc
over 100 dcposltors who reside In Cold Spring, and
they viii undoubtedly n appear nt the bank on Mon
day. The Treasurer says they will meet every demand
" they have Ia over mortgages held by the bank
lie Is ccrain they VIII pun through all right Lending
men OF the village also iccl that the suvisgs bank Will
tide over and the dismissed cashier of the National
Bank is anxious to have tho people understand that
way have the iunds OF tho savings Institute been
tampcrcd with or misapproprStcd