The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1894-01-18
T!RIA u % + K @ d INGs
some Remarkable Banking Iethods9
Explained by Expert tount VI
ant Conrad.
The Looting Of the Bank BY resident
TRIUMPH and Cashier Koetting
Began in 1871. B RI
During Ten Years the Latter Stole
Over 100000 How II
saEy En-. Was Done.

OUEluS AcA AC0A0 A1sSS -
Over 100000 How #
4 Was Done.
MILWAUKEE, Jan. i Z. w. evidence was NJ
brought ont at the trial Of Banker
Koetting to show that the South Side ri
Savings bank had been hopelessly looted
and that all manner Of tricks had been
resorted to by Cashier Koetting TO tenn
porarily cover up discrepa ~. p
Conrad, the expert accountant, testified @
that President TRIUMPH and Koetting
began to dabble with the cash drawer j.
1871. The prosecution intend to show
that during 10 years Koetting had With u
drawn more than! 410O; 700 from the cash Il
drawer, leaving IN place Of it only lmem.N
orandum slips; that this indebtedness
had been taken mp by Koetting taking
notes and collateral Of the bank and dis
counting them at other banks. Tho pro-
ceeds were used to replace the money
taken from the cash drawer, but the
notes were never credited as having been
DISCOUNTED and it left the same shortage,
though in different form.
In the afternoon Expert Conrad testi-
fed that as early as 1885 Koetting began
to falsify the reports made annually to
the state treasurer. On the first Mon
day In January Of that year, Koetting \
concealed az, 600 of the banks indebt-
edness in ORDER to make Q good show
ing, and on the first Monday 70 January.
1892, the difference between the actual
Liabilities of the bank and Koettlng's
report to the state treasurer was $780,
nm TRADE LOCALS.
Stock Of all kind always for sale by
Stiff N. E. LAYTON.
Good meat market in an Iowa town
for sale or exchange. ~.
31tf NJ. p. LAWTON.
Fish, fish! every Friday, at City
Meat Market. loft
See the elegant new "Art Gar
land, base burner, at NJ. Hammond's.
If my prices are not the same as
others, please let me know.
LovELEss, The Grocer.
Dakota and other western land to
trade, stock taken as part pay.
3ltf NJ. E. LAYTON.
Try our fresh Salmon, fresh Hall
butts and Silver Smells.
OLIVER g. MADISON.
Get your groceries, nice and fresh
of Carlstedt 8. johnson. All goods
delivered. I'll lit &
M. E. Lawton, Worthingtcn, Mimi,
buys and sells farms and city property
at home and abroad. 31-tf
4 will not be undersold by any Il
one, put this in your pipe and smoke
it. LovELEss, The Grocer.
NJ. E, Lawton formerly of the firm
of Lawton & Hedberg is the man to do 4
business in lands and loans Stiff
. For SALE CHEAP. One driving
horse, and two work horses. Cash or
on time. j. II. Sutherland.
ss Just got in another barrel Of that I
s1.OO maple syrup; its cheap, its good.
LovELEss, the Grocer.
-Carlstedt g. johnson are head
quarters for dry goods. Get their
prices before buying elsewhere. l4-lt.
Are you going to build2 # 50 let
A. H. and J. E. White figure on yours
work. They can give the best Of
reference. 21w5 pd.
A fine steam roller grist mill for sale
or exchange for land. almost new 4
plant. Owner in other business.
! Stiff NJ. %. LAWToN.
u have some very fine >. >.
Hamburg ROSTERS which ] will sell
cheap if taken soon. j. F. ULLR1cH,
Worthington. 20-2t. pd.
-Carlstedt & johnson have opened
up III their new quarters, in the Wilson ( p r.
building, and are ready to show you
their fine line of shoes, just received. 4
~ + s. Z & n : ~
The Swedish Mercantile company
has lot Of boots and shoes, shawls--,
and blankets, they want to sell be
fore January 1st and will give lower
prices than ever. loft (
II MONEY TO LOAN for l or 10 years at Z
lowest rates. No Commission. You 4
can pay PART OF ALL of the loan any
time. Write or ca; on Fl
46 GEO. J.DAY.
Cranberries never were known to
be so cheap as they are now at &
LovELEss The Grocer.
The Swedish Mercantile COM
pany will sell you boots, shoes, shawls
and blankets cheaper than any firm
in the county. twill pay you to get