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FRANKLIN SHORTAGE EXCEEDS $50,000 Hamburg Bank Cashier Found to Be Embezzier and to Have Made Heavy Loans to Personal FriendsLosses of Bank to Be Made Good by Stockholders and Franklin's Friends. Hamburg, April 30.-Developments in connection with the disappearance of "Gib" Franklin, cashier of the Bank of Hamburg, indicate that it is due to a shortage in the funds of the bank amounting to about $50.000, according to statements made here today by examiners from the Continental Commercial National bank of Chicago, the Omaha National bank of Omaha and the Tootle and Lacy bank of St. Joseph, correspondents of the Bank of Hamburg. The $50,000 is in commercial notes and personal transactions of Frank. lin, missing cashier, the examiners say. In addition to the $50,000 shortage, the examiners it was stated, found an individual overdraft of $90,000 allowed to Lee Wing, wealthy farmer of this neighborhood. This overdraft, however, has been taken care of by John Lingo of Essex. a man of long weath who took a mortgage on Wing's farm here. The bank is a private bank, but it is certain that depositors will not lese anything, as G. M. Beale, president of the bank, and J. E. Morgan, heavy stockholders, are reputed to be very wealthy and they will make good any losses sustained thru Franklin's acts, it is said. In fact when the news of the shortage became known here and a small run was started in the bank, and depositors began taking their funds to the Farmers' Savings bank and Merchants' Exchange bank, officials of these banks advised these depositors to leave their funds with the Bank of Hamburg, for the reason that they regarded it as entirely safe, they said. No word has been received of the whereabouts of Franklin, the last word having been received more than a week ago by his wife who had a telephone message from him in Omaha in which he said he was at the Henshaw hotel and would return to / Hamburg that evening. Franklin is a son-in-law of President Beale of the bank, and Mr. Beale's second wife is a sister to Franklin. Franklin bore a good reputation here. He was regarded as a hard worker and a keen business man. It is said, however, that he has been playing the board of trade lately and that he gambled at Omaha and St. Joseph. Friends here fear he has met with foulplay. However, with the discovery of the shortage there is more reason to believe that he has either committed suicide or endeavored to leave the country for good. The letter sent out by friends yesterday and published in the papers urging Franklin to return to Hamburg and stating he was "forgiven," was written before the discovery of the shortage. Mr. Beale did not sign the letter. J. E. Morgan, one of the officers of the bank, and a heavy stockholder, said also there were some forgeries discovered by their out-oftown correspondents. The amount was not known. The rumor that a reward of $15,000 has been offered for knowledge of the whereabouts of Franklin or his arrest is denied by officials of the bank. Sugar in 1319 in Scotland cost 43