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Show THE DEFAULTER PHELPS. Xew York. 20. Frederick R. Sherman, Sher-man, one of the arrested bankers of Cbas. H. Phelps, defaulting cashier in the SUte treasury department, hail not given bail up to noon to-day. Pie was at his odice to-day, in charge of wo deputy sheriffs, writing to hid friends to furnish the rt 'quia' to amount. am-ount. It appears that Sherman only rents the furniture in the oifice he occupies, so that though there are several attachments against him in the hands ol the sheritl.the propcrty eannot lc seized. Pheip's method of I proceedure was similar lo that of KM- man, in Urooklyn, the money remit-I remit-I led by county treasurer having been I pockcicd instead of dcpooilol to the: sjuics' credit. 1 |