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BANK OWNER GONE Gays, Ill., Private Institution, Involved as Result of $17,000 Shortage. HUNT HEAD OF CONCERN Tipton, Mo., Cashier Arrested and Examiner Takes Charge-Utica Teller Speculated. Mattoon, Ill., July 19.-J. Jenning took charge of the Bank of Gays, a private institution, today and has an accountant examining the books which, it is said, show a shortage of $17,000. Head of Bank Gone. Mattoon, Ill., July 19.-The Bank of Gays, a private institution, closed its doors yesterday and application has been made for a receiver. T. D. Slater, the head of the concern, is missing and, according to a quick inventory of. the tangled accounts of Mrs. Elizabeth Jeffris, the cashier, there is a shortage of about $17,000. No warrant has been sworn out yet. Nothing definite can be ascertained of the real condition of the bank's finances until the receiver reports. ( Slater had been solely in charge and a had never published any account of $ the condition. A week ago he told his 8 cashier that he was going to Dwight, 1 Ill., and at night she discovered the I absence of $700 in currency from the 8 safe. It was learned he was not seen in Dwight. John M. Powers of Oakland, Ill., has , authorized the statement that he, as a 8 partner, will pay 100 cents on the dol1 lar. The assets and labilities cannot 1 be estimated, so tangled are the books. a The deposits recently dwindled to s $30,000, following town talk of Slater's personal habits. Cashier Arrested. 1 Tipton, Mo., July 19.-The Bank of Tipton has been closed and placed in the hands of State Bank Examiner Swanger. The deposits amount to 1 $35,000. The bank was established in € 1873 and is one of the oldest in the ( state. A. T. Adams, acting cashier, 1 was arrested last week on a charge of grand larceny. 1 Stole for Six Years. Utica, N. Y., July 19.-J. Howard Lowery, arrested yesterday at Phila1 delphia, disappeared from Utica April 1 27 last. He was the noteiteller in the ( Utica City National bank, where he had been employed for a long time and was implicitly trusted. While the bank examiner was going over the books Lowery went into another room and thence from the bank, carrying with him about $4,000. Lowery's shortage was more than $100,000 and his alleged stealings are said to have been going on for six years. He lost most of the money, it ( is believed, in the stock market. +
