Omaha daily bee., 1902-09-07
ASSETS OF LITTLE VALUE
Book Value Of OhambSrlain Bank Securities
Five Times Greater Than Real.
CASH AND SIGHT EXCHANGE ARE TAKEN
state Fair Able 60 Pay All Bills aud
Leave a Substantial balance In
the Treasury for Next
Year.
fFrom a stan correspondent.l

LINCOLN, Sept. 6.-(Special)-The re-
port Of Bank Examiner W. d. Hartwell
on the condition OF the Chamberlain Bank
Ing house at Tecumseh confirms the facts
set forth in The Bees report from Te-
eumseh, which we're printed yesterday
morning. II ls found upon investigation
that the notes and bills discounted amount
to $50. 500. 9s, but notes to the amount Of
$4,000, In excess OF those shown by the
books, are also in the bank. The amount
due all depositors. including banks. is
tT1,s17. OF this latter amount $50. 229 Is
shown as deposits purely. but includes the
money placed 10 the credit of the branch
banks In vesta and Graf. In summing
up the condition Of affairs Mr.. Hartwell
finds the book value Of the assets to be
t1s7.s15. with a probable loss. so far as
can be learned now. OF ;110. 651. The $4,000
OF stocks and bonds are all missing. Con-
siderable cash and sight exchange was
taken, but Just how much has not been de-
termined nor estimated. These figures are
taken from the showing made by the books.
Balance in Fair Treasury.
Members Of the State Board Of Agricul-
ture assert that the receipts Of the state
fair were sufficiently large to pay all Of it's
expenses and leave a neat balance in the
kNEn8uNI OtbAutns "nAiG Ill VI II ulilo
have not been presented, It is estimated
that the total expense of this years fair
will not be so great as that Of last year,
Notwithstanding upward Of $4,000 was given
for the construction Of additional buildings
and pens for live stock.
Secretary Furnas and a few OF the eX-
ecutive officers Of the Board Of Agriculture
were busy at the temporary headquarters in
the Lindell hotel today closing up the
business Of the fair. At the grounds there
was a general state Of confusion. The last
Of the exhibits were being hurried away
and the buildings and sheds we're being
closed for the ensuing winter.
Members Of the board are gratined at the
success of the fair. They feel that It has
grown In popularity, and because OF the
manifestation this week will probably ask
the legislature for a small appropriation for
the improvement Of the grounds.
Held on Burglary Charge.
Fred C. williams, a young man arrested
In Holdrese yesterday, was arraigned on a
burglary charge before Judge Cosgrave In
police court today and upon his plea Of
not guilty. preliminary examination being
waived, was bound over for trial in the
district court. He Is accused Of breaking
into the once of DIR. d. p. Sims. 1922 o
street, and stealing some gold plate and
q quantity Of dentist tools.
The police received a telegram last night
from Mrs. Setback Of Omaha saying that her
husband was not expected to live and ask
ing that his brother. said to be a sign
painter in this city. be notified of his con-
dition. The police were unable to find the
man.
The Elkhorn railroad has taken a train
Of twenty-one cars full of state fair ex-
hibits to Yankton, S. D.. for entry In the
fair which is to be held in that place next
week. Twenty-Five passengers accompanied.
being in charge of the property,
Coach Booth Expected Monday
walter c. Booth. coach OF the University
Of Nebraska foot ball team. is expected
here Monday after a summer passed in
P%ittsburg. He expects to begin the train
ing for the team Immediately. The open
date for the Saturday preceding Thanks
giving has been taken by Creighton college
. of Omaha.