New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-11-20
ANOTHER MAN GOES WRONG
S. HENRY EAsTON, CONFIDENTIAL CLERK
BECOMES A FORGEK.

BECOMES A FORGEK.
The notification Yesterday of the defalcaton and
orgeres of s. Henry Easton the confidential CLERK vi
j. H. r. Mayo the tobacco dealer, OF NO. oo bioau's'''
caused considerable talk and surprise among wall stree
men Yesterday for although the facts in the case id
been known for scvera, weeks to number or Dusless
men II was thought that the affair had been efeciuauy
hu.hed ND through sympathy with Mrs Eastoh. IL
is said to have been made public through an ocer Vi
the Rank of the state Of New York. which, with the
Fourth National Bank discounted the forged notes.
All those who are interested in the affair directly
ar indirectly were unwilling to make any statements
when seen yesterday. Mr.. Mayo acknowledged mat
Fs,ton in whom he had always placed the fullest
confidence had been carrying series OF forgeFcS
for year or more. These at first done to cover
small losses his private speculatiph'' ana were
concealed from his employer by clever manipulation
of the books Becoming more ana more lhNoNeu' hc
had anally on october forged bill OF exchange on
a big London firm, to meet forged accep'ahceS OIL Mr
MAYO. TO the amount OF about 5000, which were
,l,,,, dino lie had sold the bill to llalgarten & Co.,
~ Va % Eroad ST., who, becoming su,pciols had
INVESTIGATED The transaction East0n, being warned OF
his danger had disappeared, and since then has not
heen heard from 1t at first supposed hat lie hah
taken away with him about $1,000
charles Fox the attorney of Purnell, Hagainan &
70 ~ the Consolidated Exchange, said last night
that Inc did not feel at liberty to make known how
r,uch his clients were involved in Eastons traIisac-
tiops although il certainly not a large amount
d. Fastons dealings said he "were so complicated
and involved many people that the losses Will 10,
fall heavily on any one firm. do not believe tEs'
there are any other firms OF note brokers lhvoVe ~
Ea.ton,s suecnlations so far a. known, were mostly
o the bucket shop kind, and not Tor ldlgc aho''''
President simmons, Of the Fourth National Eank'
sald that so far as he knew, the defacaons did not
foo, ND more than $4,000 or 81 600 The bank hcId
one forged draft for about - 600.
Roger A. Pryor. Ir, counsel for Mr. Mayo sa'd last
night This matter should never nave Deeh mioe
public on account OF Mrs Easton, VINO Is most
estimabe woman and has the sympathy OF everybody
concerned II had been arranged TO keep the matter
ouiei As It ls all say Is that the losses whlo
do moi amount TO more than $4,000, have all been
adjusted and will be borne by the proper people How
the adjustments have been made ! cannot say.
may be that Mrs Easton has private property wi'l
can assure you that the adjustments have all been
made
POLISH HEBREWS EAGER To GET THEIR MONEY.
The run OH the Howard savings Institution OF
Newark, which was begun by some Pol!sh-liebrew de-
positors on Monday. continued yesterday ana IL
calculated at the close OF business, tlat aUou'
800 900 altogether had been withdrawn from the pihk
After thzr experience Oh Monday the bank officers
we're prepared for any contingency. In addition TO
the cash hand and within reach 100000 was
obtained from outside sources. All day long yeser-
day the vicinity o. the bank was crowded with a
poorly dressed assembage, all looking anxious Tiey
are mostly foreigners. some men went among them
and represented them that they were acting fooshy
| In sacrificing six months interest due next month
and that tile bank was perfectly safe. some needed
! the advice and went home. but The great majority
would listen to nothing and only wanted their money.
The last annual statement of The Howard saving,
Institution shows s5l42407 II In assets and - 3G9
$40 % In lablltIc- having surplus Of S7I3,01l 46
| The assets consist Of S3,iO:,1j6 IN United States
per cent registered bonds IO1 600 Newark cry bonds
Abb, 900 IN United New Jcrey ,lr al ANA Canal Com
| pany bonds, with other bonds OF equal security
~. 74O,33J In bonds and mOrf cages or nIst Hens
on property valued at 9G,43O,4t7. temporary loans
aud cOlla.eials $I6o5sJ. and real estate Tl6oif6 81
| While the poor deposors were making ievcfl,h de
nands for their money yesterday, other well.todt