The New York herald., 1872-11-11
LOSSES OF NEW YORK HOUSES.

LOSSES OF NEW YORK HOUSES.
| Boston, Nov. 10, 1872
| There is widespread desolation here among the
merchants OF the city, who have In many cases
| been reduced from afliucnce to poverty in single
night, as OF course, there arc many who were not
| insured. New York will lose but little by the fire
in the way Of assurances, though the New York
houses which have branch houses in this city and
houses in this city which have branches in New
York will suffer to very great extent All OF the
biggest firms here had connections In New York
city, and it is calculated that this taken together
with many losses from the Chicago fire last
year, which have hardly been yet recov-
cred from, will no doubt cause widespread
desolation by throwing out Of employment thou
sands or hands by failures and stagnation in busi-
ness. have taken some pains during the day to
ascertain many of the losses which have fallen on
the principal New York and Boston houses, and in
the main l have succeeded. As you have been
already informed, the main losses to the great dry
goods houses have been in Winthrop square, where
were located the largest of these firms. All OF the
following have houses in this city,
JAMES M. BEEBE co.
This 1rm had tremendous block OF stores on
Winthrop square, and was justly recognized as the
largest dry goods house in Boston. Their store
and admiration OF all who visited the city.
In fact, it held the same relation to
Boston that Stewart's does to New York. 1t was
fully as large building and higher, being build
ing of six stories The firm have branch In Worth
street, New York. This immense store was per-
1ectly crammed with dry goods from cellar to CELL
ing, and particularly at this period OF the year,
when all the large dry goods stores had just taken
In their Winter stocks. At no other season Of the
year probably would fire among these houses.
have destroyed so many goods. The loss to this
firm alone Will reach fully 81 000 0O0-that is to say
about 81, ,oOO 600 on the building and $1,000 900 on
stock. This is not fully covered by insurance, and
the rm 1t Is said, clear losers Of about half
million dollars.
A. T. STEWART 4 co.
This firm has only q branch of its New YORK
houses here, and the stock is not near so large
of so valuable description. 1t Is mainly depot,
IN fact, for New England cottons and is used as an
entrepot for these goods. The firm possessed an
entire house in the Beebe block, and will only lose
the stock, as the building is merely rented. The
loss is said to be 100000, though it will probably
prove less. A. 7. Stewart d Co. have escaped one
of the lightest in the city. 1t is erroneous to sup
pose that Mr.. Stewart insures himself He only
does this in marine insurance. but all his great de-
pots for goods are fully insured. The net loss to
the nrm, therefore, Will De very llgnt.
GARDNER BREWER 4 co.
This Is also one OF the heaviest firms in Boston,
and is said to do the very largest dry goods busi-
ness in the city. 1t has branch in New York and
controls very large interests. Its store in this city
was very large and very 1ne one and was also
filed with newly arrived goods for the coming
season. The loss to this firm will not be less than
81, $50, ,O00 OF which $75O,000 will be on stock.
JORDAN, MARSH co.
This frm OF which the late James Fisk Jr be-
came o partner at one time, is one OF the best
known in Boston and one Of the largest. IL was
exclusively q wholesale house, and did large
business all over the country. They have branch
in Leonard street. New York. Their building here
was very prominent and very well known and al
together it was one OF the most prosperous houses
In the CITY, 1t is said to have been insured for not
over three hundred thousand dollars, though the
losses approximate to over seven hundred and
fifty thousand dollars.
uoYT, WHEELER 4 BRADLEY.
This well.known auctioneer firm, which has its
branch in New York, had its store In Franklin
street. and at the time OF the fire 1t was over
crowded with goods. The losses are estimated at
$S60,00O.
J. c. HOWE co.
| The main ofllce Of this firm was in this city,
though in Worth street, New York, 1t does large
| operations. Mr. Hutchinson, member OF the firm,
lives in Brooklyn. The building belonged to the rm
and its loss costs them about one hundred and ff,y
at $3.50, ,O0O bringing the loss up to $3ooooo 1t may
| possibly reach 5000, 600 more.
| ALMY 4 co.
This firm acted az agents for number OF Eastern
| mills and had goods on hand 10 the amount OF
| about two hundred thousand dollars. The house
| has branch in New York city.
kgkxD JOHN PRAY co.
This noted carpet firm is also an extensive loser
| Their house was In Harley street, and they mad a
branch house in New York. They did not occupy
the entire building which Is not theirs but their
| loss on stock alone amounts TO fully two hundred
/ and 1fty thousand dollars.
/ ANDERSON, HEATH co.
/ This last Boston and New York woollen house
| had Just entered an immense woollen stock In
/ their building in Winthrop square, This OF course,
| Is a total loss, and the extent OF their damage
reaches fully four hundred thousand dollars, If not,
1 block and their loss on this is merely nominal.
/ STANFIEL.D, WENTWORTH CO.
| This Is also an extensive Boston and New YORK
woollen house OF winthrop square, and. like the
previous one, their stock just at this moment was
particularly heavy In this they viii lose about three
4 hundred thousand dollars
/ FRANCIS SKINNER CO.,
OF Franklin street. near Milk street, is one oil the
largest dry goods houses in Boston, with branch in
New York. The losses II Is estimated, TO this firm
| foot up to one million dollars.
| FALKNER, KEMBALL CO.,
| OF Franklin street. is a large commission house.
! They lose very heavily in consignments made TO
them by Eastern mills-as much as 100000 on
building aud stock.
| JAMES A. LITTLE & co.
the agent OF the Pacific Mills was said TO have had
4 the largest stock OF c0ttons and wooens In the
| BOSTON market. The immense store was crammed
| with them and all was total loss. The actual
loss on stock Ia half million dollars. The stock
holders OF the mills lose heavily. These cash cor
p0rations, indeed, In many such cases are the