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cently in Wall Street," a balance after closing out one of Mr. Berry's stock speculations. July 15 the directors of the banks made an examination and found all the securities, and their removal from the vault was of course accomplished since that date. So far as Mr Johnson could state, about $60,000 in securities had been taken from the savings bank, and about the same amount from the county bank, although, he added, those figures were subject to correction. A TALK WITH THE PRESIDENT. President Ackerson said briefly that the discovery of the embezzlement came like a thunderbolt from a clear sky, for he had great confidence in Berry, and would have trusted him with all he was himself worth. When Mr. Terhune," he continued, "asked for those collaterais and they were missing, I replied. 'I always thought they were there when I went to the vault.' I saw Mr. Berry, and he told me all about it, but I am not at liberty to divulge the details of his statement. We know how he used the money, but the receiver will bring out everything when he makes his report, and 80 I do not feel at liberty to speak about it." David Terhune said that the collateral securities that were found missing from one of the packages amounted to $20,000 in bank and was stock, securing a note for $13,000. The examination that was at once instituted resulted in finding that most of the securities supposed to be ID the packages were missing. About $80,000 in securities had been taken from the savings bank and County Bank and about $50,000 in cash from the savings bank. The latter embezziement has been covered up by means of false entries, and it was possible that a similar fraud had been perpetrated upon the other bank. The amount given was more likely to be underestimated than exaggerated, as it was impossi de to determine at present the full extens of the embezzlement. No suspicion whatever Was attached to any one except Berry, and no sympathy whatever was felt for mm ID the community, as he had used the money, it appeared, to speculate for his own profit. He felt sorry for Mrs. Berry, however, who was a most est mable lady. He thought depositors in the Bergen County Bank might get 50 cents on a dollar and depositors in the savings bank would possibly receive 75 cents on a dollar. The banks had been managed with as much care as most financial institutions. Another dire or said that ne thought the loss of the banks would considerably exceed $150,000. It bad been supposed that the Bergen County Bank had $48,000 on deposit with His New-York correspondent, but it was discovered now that the amount was only $10,000, the deficiency being covered up by false entry. Among the hous S in this city that Berry transacted business WITH were Pomeroy, Cox & Smito, L. J. Van Buskirk & Co., Taylor Bros., and Anthony, Poor & Olypbant. Mr. Berry had used $30,000 or $40,000 in securities in Wall Street Monday. The savings bank contained $35,000 10 bonds of the Hackensack Improvement Commission, many of which were missing. Berry's bond as cashier was also taken. Depositors gathered in frontof the bank yesterday morning and freely expressed their sentiments in regard to the emoezziement. Promisent residents of the town mingled with them and counselled moderation. The opinion was unanimons tuat great efforts should be made to send the délaulter to State Prison. The losses of tue truck farmers are serious, and yesterday 11 seemed that every other person on the street was more or less interested in the suspension of the banks. Knots of people as sembled at many corners and eagerly discussed the situation. L. Kuizenknabe, proprietor of the National Hotel, said ne had lost $4,000- savings of years. He added that a meeting of the depositors would be held at his notel, Monday next, and that counsel would be employed to protect their claims. As a sign or mourning, tue American colors were hung at half-must over his notel. John O. Grode. a tooacconist. had $5,000 in the savings bank. Que man told a IRIBUNE reporter that be depos ted $25 in the savings bank ab 01 an hour before IT closed, and that the gentleman no took 11 look di no at the Clock before receiving it to see il the time to stop receiving deposits had arrived. Am other deposits in the County and sav. ings banks, the Rev. J. O. Rogers, of the First Methodist Episcopal Church bad recently deposited $3,500 to pay for property purceased by his cauguter the Weland Lodge of Oud Fellows trad deposited $1,300; John Ryan deposited $1,000 Monday Mrs. Vreeland. wao lost some money by tue recent failure of a Newark bank, had $500 on depost: a woman, who bad $1,000 111 the savings bank, cried bitterly in the street at her misrortune. for sue lost all the money she possessed ; and Isaac Berdan had deposited $1,000 Wednesday the Rev. J. T. De Baun fortunately drew out $2,300 Monday. A depositor who bad $1,000 on deposit in the savings bank says that De was grad that under the State laws the directors of the savings bank were personalty hable for the claims of the depositors, and he, for one, proposed to see that they did their whole duty in looking after the depositors' interests. He denounced the management of both institutions as extrem ly careless in not being able todetect frauds so extensive at an earlier date. He also criticises severely the reception of deposits by the savings bank a few hours be fore its suspension, and declared that II was an outrage to rob a poor man or his tha will
