Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1890-02-02
ANXIOUS DEPOSITORS.
SITUATION OF NEW YORK BANKS.
Comptroller Of the Currency Interviewed
officials Decline TO
TALK ABOUT THE NATTER.
The Probable Arrest Of the COnspira-
tors.

NEW YORK, February 1.-Preside2t
Clessen, of the Sixth National Bank. is
being held on charges made by Bank Ex-
aminer Hepburn. 10 an affidavit the
Bank Examiner charged that ''Peter J.
Classen, president and director Of the bank,
did for the nee, benefit and advantages Of
himself, unlAwfully embezzle, abstract
and willfully misapply large sums o..
money and the funds and credit5 Of the
bank amounting in the aggregate to 1892,
466, with The intent to ipjur and defraud
the Sixth National Bank Of the City Of
New York.
Comptroller Of the Currency LIcy Wss
seen By a reporter for the Associated Press
~ Washington this morning, and he said
that be had received letter from Ex-
aminer Hepburn, stating in general terme
that the bank was insolvent, and advising
that il be placed in the hands of Te-
ceiver. The examiner said that the assets
of the bauk were choice and in coed shape,
and could easily be liquidatsd. The tx
aminer said also that he wss COW pre-
pairing detailed statement of the assets
snd liabilities of the band and expected
20 complette it to-day. The Comptroller
said tbas he would take no action in the
matter until he has received the examiners g
report, which will hardly reach Washing
! too before tomorrow. He will appoint y
receiver early next week.
The situation about the Sixth National
Equitable and Lenox Hill banks this
morning was practically unchanged except
ing that the depositors appeared to be out
in larger nun b.rs. There are many busi-
ness men among them who still INDUCED
in the hope that soma turn might take
p ate which would parmit of their receiv-
Ing money enough TO pay off their cred :
tors. The others held their ground, de
iermined chat if the business men got any
money so would they, and as one youpg
lady put it: They would gee that there
was no making fish of one and flesh OF an
other"
The Superintendent of the State Bank
Department, when seen at the Lenox Hill
Bank this morning, said he had charge OF
the investigation being made into the
affairs of the Lenox Hill and Equitable
banks. His statement was not ready and
it would not be probably before the after
noon. With regard to the probable arre9t
Of the cashiers of the Lenox Hill Bank
and the Equitable, Mr. Preston declined
TO express an opinion. In reply to num-
Der OF questions as to whether or not Mr..
Preston had discovered any additional ir-
regulsIities, since yesterday, Mr.. Preston
declined to say. The following notice
was posted on the window Of the Sixth
National Bank at a quarter 10 twelve
o'clock.
"Mr. Leland has advanced funds sufi-
cient to guarantee payment of depositOrs
in tull at as early date as proper arrange
men's car be made for that purpose.
Signed A. r. HEPBURN, Examiner.
Later IN the day Mr. George II. Peli
was brought down to the U. s. Building
from Ludlow street Jail. Council for PeIl.
ex-Judge Donahue, says that he will make
motion for a reduction Of bail before
Commissioner Shields this afternoon.