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BANKS WRECKED BY A CASHIER. He Was a Church Member, But He Gambled in Stocks. AYER, Mass., Feb. 11.-The First National and North Middlesex banks closed their doors today, and ugly rumors are afloat concerning them. Spaulding; cashier of both institutions, has been missing since Monday evening and where he has gone no one knows. The exact financial condition of the bank is unknown. The books will be examined at once. Last week Spaulding ascertained that the directors of the North, Middlesex bank were about to have it examined, when he left home, not saying when he would return. Colonel Sedham, formerly bank examiner, has advised the banks not to pay out money until there has been an official investigation. He states that a letter has been found which indicates that Cashier Spaulding has been speculating in stocks. An investigation tends to show that both banks are solvent, the North Middlessex especially 80, as none of the funds have bee n tampered with. If there is any loss it shall fal on the National bank. Spaulding IS a regular member of the Methodist Episcopal church, and was supposed to be A man of sterling character and upright habits. CC amissiacher of Savings Banks Locke said that om a superficial examination he should think savings bank all right. The only chance for a discrepancy is on the pass-books of depositors. Bank Inspector Getchell has arrived to examine the condition of the national bank. The last balance sheet with the North Middlesex bank showed assets and liabilities of $198,000. The supreme court this evening issued an injunetion restraining the North Middlesex Savings bank from paying out any money until an investigation of the finances has been made. NEW YORK, Feb. 11.-Adolph A. Hoffman and Alfred E. Frommett, silk manufacturers of Patterson, N. J., assigned today without preference. LOUISVILLE, Feb. 11.-Mr. Levinge was today appointed receiver of the Kentucky Union Railway Company, on petition of Kennedy, Todd & Company and the Central Trust Company, of New York, who allege that they advanced money to the railroad company for which no return has been made. WILMINGTON, Del., Feb. 11.-The shortage of J. Eldridge Pierce, absconding secretary of the City Loan Association, will amount to $90,000. The assets of the concern are about $50,000, against $140,000 at this time last year. ST. PAUL, Feb. 11.-The National GermanAmerican bank has filed a petition for the appointment of a receiver for Charles Faber, proprietor of the St. Paul hotel, alleged to be insolvent. The petition alleges that Faber's debts amount to $120,000 and his assets to $90,000. PENDLETON, Or., Feb. 11.-M. J. Greene, secretary and manager of the Pendleton Hardware and Implement Company, which assigned yesterday, was arrested last evening on complaint of Benjamin Selling, president of the company, on a charge of abezziement. The examination occurs tomorrow. Greene is under $2,500 bonds. Greene maintains his innocence, and claims the charge has been brought against him by his enemies.