Show Business Failures New York 3The excitement continues con-tinues among creditors and depositors of the broken Grocers Bank Mr Stephen V White receiver and counsel are present since early morning collecting the assets White says he had already deposited depo-sited 120000 and that the remaining assets would more than cover the claims of creditors and depositors Tha only losers will be stockholders He believed the bank was suffering largely from forged paper in connection with J 1 Lloyd Haighs indebtedness The Evening Post says reports that the bank held a large quantity of forged papers as security for loans were repeated this morning with greater emphasis and were not denied by persons who naturally would deny them if unfounded It is alleged that the bank not only lent nearly 5100000 upon acceptances which prove to have been forged by one of its principal customers cus-tomers but that it has obtained money from other banks by rediscount this paper The receiver has had all the cash in the bank removed to the vaults of the Bank of North America for greater safety Memphis 2Y < Sampler wholesale clothing made assignments this morning The creditors are principally in New York J A Fischer was named as trustee Liabilities about 75000 assets not stated |