Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-07-15
OFF TO CANADA.
ANOTHER GOOD NAN, WHO WAS A BANK
CASHIER, GONE WRONG.
A. B. Thompson Skips, Leaving Deficit Of $40
900 in the Proyidsnt Savings Bank Of s. Louis
-DspaSitOrs on Pms and Needles
The Statement Of The Bank.

ST. LOUIS, Mo-, July 1.-THE Provi-
dent Savings Bank closed its doors to-day
and has made an assignment. Almond B.
Thompson, cashier, has absconded. The
liabilities exceed the assets by $40, 600.
Thompson is graduate of Harvard Col
lege, and since he has held his responsible
position in this city has been regarded as
man of sterling integrity. He is presi-
dent of the Harvard Club of this city and
of the Light Cavalry and prominent
Knight Templar. He announced his in
tention the latter part of last week of ac-
cOmpanying the Light Cavalry to the State
encampment at Swcetsprings, and it was
generally supposed that he was there.
AdviCes from that point how
ever, state that he has never
been near the camp, and it is supposed
that he has joined the army Of defaulters
in Canada. No other cause for his de
Nfalcation can be assigned other than fast
living, for he had never been known To
speculate The directors OF the bank have
fled a petition for n receiver.
Ex-Judge Adams, of the firm of Boyle,
Adams & Keighon, filed with Judge Lubke,
in Chambers, q petition for receiver for
the bank for Charles Greely, heavy
that Cashier Thompson has not boon at the
bank since July 18th and they believe that
he does not intend to return to his posi-
ton; that q partial examination Of his
books sh0wsa deficit of over $40, 900, and
that they believe fuller examination will
swell the amount TO much larger sum.
The President of the bank, ]. s. Garland,
HIS been absent from the city for about six
months, and the cashier had assumed his
duties rs well as his own. -F ~
THE BANKS STATEMENT
Of yesterday is IA follows: Assets--Cash,
SIS, ,9SS "A; real estate, S92, $50 10; stocks
and bonds, $73s, $50 90; balances with
other banks, S23, ,503 81; security accounts;
| SO, TO 95; bills receivable and accounts,
So25, ,O4G OS; total, 81 ,669, 500 80. Liza
bilities Current deposits, SIS, 2S6 20;
time deposits, S426,6 II; cashier checks,
$40, 59i 96; unpaid dividends, 81, 302 10;
other Indebtedness, $50, 900 90; aggregate
Indebtedness, 1886, 7S2 AZ.
The directors of the bank stase that they
will not be able to realize on their appar-
ent assets to their full extent by large
sum. The court granted the application
for a receiver, and appointed W. II.
| Thompson, of the Commercial Bank, to
the position. No one imagined for
a moment that that bank was embarrassed
and no run WAS made upon it. The invcs,
tigation has been underway since Tuesday
morning. At noon to-day the directors
decided to close the doors. IA soon as this
action became spread throughout the city
large crowds of dcpOsitors congrcgatod
around the bank, anxious to know the ma
ture of the embarrassment, and calling
upon some one to inform them. No one
answered the call, and the excitement in,
creased until il became necessary TO call
the police, who arrived upon the scene tc
uuell any possible disturbance. The larg
est number of dcpOsitors are clerks aud
poor men and women, 80 that the failure
will not affect to any great extent th'
commercial interests of the city.