The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-08-04
Suspension Of Prominent Missouri Bank
Holding Large Sum Of Stats Funds
STARTLING CONFESSION BY A CASHIER
riIuRE or GOVERNOR BISHOPS FIRM.
MISSOURI sASx SUSPENSION.

~. Louis. August ,, 1878.
Asss'sss sssss',ss ga ess.sss here to-day By the
sms~ssssmsns sh2l TIE sell spown ssakiss aouss Of
JsAs ssa rhsan.s H xssas. gasva 40 the hasua
bssx. 81 Ksssss cssy. he'd doors The svsst
ps~s~sss ga eaisf sEtsrs.t nsn the fact that the
msssise spss rsessures's bond sud had
a. ssas state aspssits from time 20 time ranging all
shs seq sleeeoo o. oooo 600. and 10 vas known
sA-s a very large smosss shes 10 sus-
psnsssl spps@rs hat . run on the bank
secsrrsd yesterday, ssd large ssmesr Of deposits
~srs ~sansrs.s. AL thss ne nss'iss tearing
s,asasssa o. 10 asy. DECIDED 70 close No on
sa~i toe eosastiea Of he bank b<en
mace sss me emc.ss rsfsss 70 make ssy 20 Ter It
% sse~s. he~svsf. tnst thsrs v.s aspest tho
ssssssass pseas iasass--kans~s Cay, sT2,oO0; jack
sss ce1sGy. sllo.oeo, state. about e23o, ooo The
ssssi % ns assesss secsrdins 20 she banks state
asss ysiy A. So s<sz.eo
AZ. mssuss sftss creditors shs usrsiss Kerssy
cs~aes sss svpsissss sss'sss
cArss 90 rmx sxsAnsAsssKxx
sssas 10 ~ The ssssrsi spsnisa here sSss shs a.
ssnps ~ assss Bssk 10 carry 100000 u vasss
essss sssss NE es@sI's esck. "a beng hssvy .
Had his eel ksows Mat rsc-suy sssss sssss, o.
81 sssss srss portsss Of them. have ices plAsss 10
sss h~sss Of pesssn. Ls~ses 90, o. Nee YORK,
vss have excessively advertised them Tor sAie. In
sdsAses 70 thss ssssss 10 siss ssc that there are
ssos &c ssnpleausss vpts ne sssss rrsss srsr's
s0ss vsen have assisted 70 brsng about shs pssssss
sssss % sassss
rssaAslr ssAvv Toss 70 rss srAsa
10 isss spss shis lsss peat "a ssssssss tAat tss
shs ssess ssray All 90 greater par, Of
the pssiie isnss the b.sk held The STATE
Tssassrss. Gssss. ssd Governor rnsps are ssvessIy
esnssrss loo The msnasr - vsses tue state Treasury
hes sees asssssa. .hs k-~ssss fesf shis sissssoss
pseisshes issxthy srsses ss.fSiss tsal sAs iso~s-
ssess esss, tss Amount Of ss,en 10 elooo. Co. 10
Ispssy ,ssshssss. asa ,s., ,hs psbse isss. are IN
dagger any msmens OF seins irssasssntiy eonvsrtsa
Hail . Dsisson aelisrs loss year ass bv tae fs
ere Of The state Sss'oss' sssK, ssen Of sss
aspesnssses oil pseiie fusaa
sfcskss or ran so~p
TIE frsssasers sesa . dated J4sasvy 4. 1871, and
i. Barss. Fr.ss.. n cssssss. ssssss s.s.s' j.mss
n Bsiston, A.tsasIsi y. osass, sfsisa Aaaaas Jsns
smart snd q. n Arms,rssE Oisssss u. A. Armssresx,
James r. briuos, Bsrtoa h4les, ysEs d nsstaa and
srsi osesr.i :. .ss,s prss.siy $4,000 a.
msy 20 msA:. r,ss sss $50 sseas.s ~ ns,hiss %
cAsIisr Of toe Ass,s Bssk. sss vrss~sly zoe. as~s
Win ma, ,s.,,sa.,ss =. ~ |" k..sa 70 nave sses
n,ssy ,s , 10 ~ MI ~ rsssss slss isssr.
prepsrty on bis cniidrss Ne. iiks cockrsil pus
on the bond 20 nal ap osdso, AdA'ns aaa barss are
soIvss Abe later being really sns enly oss uho has
fIr.v Looss nAsAssxsxr
leseSvisws are pubsiss~d tsis atsrnoon With the
lesaisf bAsksss Lssss. ssa A4sss shss Ihs
sssse frsssary hss sssa issssy n~.a@xsa ssd Ihsss
hissesr eslas very rieh state - 10 al hssiy
thas the Stale credit " isJafsa- Governor
Fbsps ~ sisssiDsnt to aay, said s''fne treasurer
givss bend Tor tne proper fuinimsnt OF his
safes That 70 al, suppess, he requires a bead
81 IRE bank Wan which he deposits ,ss ianas of
slate. but ! don't kseu anythisg about ~ Inc
Treasurer claims that l have no suthoriiy 10 msxs
him publish attachments ~ 10 sials iunda are
dspssised ussii tne Lsgisisture has passed lac
powsfing me 10 do II tue St~ps rreasarer's
wasn't COED should not have stamped VIA NJ
approval believed " Was gesd tnsn ssd bsllevs 70
10 good now. A. any rate sne statute plain that
cant require new bond ustsi $50 years AFTER
nied The nfs, There has bssa 10 mthL sAid about
she boud Of the Treasurer being illegal May
ether chsrges that aont care 10 say ythipg aboat
~ cAa't anora 10 answer every iuis charge ina,
u made against me-"
OFFICIALS SEVERELY csSspHEn.
The failure oil the AAsIIn Basx mas used mark %
sxcusmsnt throug hoet The stale. despatch iron
jefferson CITY the state capital says:-"ine news OF
me failure Of Mas,is's Bank, at Kansas City, has
reached here sad mas ereatea profound impresssen
In Official circles and among the general pubic ~ho
regard this second loss OF the public monsr lhs
leg result OF the oess nsssssmsnt of tbe stale
Treasury" ST. Joseph despatch ssys:-"lniorma
uon OF the failure at Kansas Cay Ma
heels oil The recent disclosures by tue post
Of The bad management Of the nssnces OF the sac
causes considerable talk aroma sewn, aud especially
among The banGers, business men aud polilicisnA
State Treasurer Gs,es whose home IN this
sen, ~ sunJcctod TO criticism even by hs friends Tor
bis evident mismanssemsni, end Governor Pbelps
comes Ia Tor NO little share OF the uaeiallon Inc
lock we'll 70 the choice OF those having their messys
uncer control. aud the iulurc state ireasursrs be
cautiously On ther guard IN all monsssry matters
connected with ire Slsts."