New-York tribune., 1873-12-18
TfILURES OF MERCH1NTS.

TIE FINANCIAL TROUBLES REACHING Iit JoBl'N"
TR,DF-FAuURE or oBERHoI.sER hEtFtE
EDISON BRADLEY 4 CO., AND OTHERS.
The financial troubles of the past lew
months seem 10 be Just reaching class OF lohOes WIZ
purchase goods four months time. anu whose DIS
for goods bought early in the season OF the ran aoe
are now falling due number OF houses nave sus
pended during the past few weeks OF which little or no
mention has been made all the persons Interested both
debtors and creditors uniting efforts TO keep matters
AS private AS possible the feeling OF dsrust when
would be caused by publicity might Work injury to the
trade generally.
Edson Bradley & Co.. dealers in cloths iand woolen
goods at No. 49, Broadway failed on Dee. TO- Their ia-
bilities amounting TO about $j0ooO Their ereditors
have met, and the firm have prepared settlement AZ
65 or 20 per their entire indebtedness The
proposition definitely acted upon but II ~
believed that DO better terms likely 10 he made
The paper of Oberhoser a keefer dry goods
merchants OF No 800 Broadway went to protest yeste-
day in the Park National Bank. This house is the sue
Of the old and leading house OF e. W. ana d l.
Moore After that firm was dissolved. G. W. Moore
carried business for time. and was succeeded
ny Ely. Oberhoser & Co. Two years ago the
present month that firm dissolved, and the
present firm of Oberholser 4 Keefer was formed,
with special capital OF $l50Oo. 10 which the general
partners added $4,000 They have dOue large
business which is estimated at s. 100000 Their failure
ie attributed shrDkage in values aDd 10 the slID-
gency in the money market which has made IT mprac-
ticable for them 10 their obligations now falling
due Their total Indebtedness is about S0ooo which Is
divided among about 80 creditors principally com
mssioplhouses and importers. Their foreign indebted
very small, they do jobbing business chiefly
Late last week they decided they that they would hsve
to their business and Monday called together
fve OF their largest creditors and made W
them a full statement Of their affairs agreeing
10 be governed by their advice These five creditors
have had several meetings. but general meeting OF
the creditors has been called yet Mr. Page OF The
hrm of Faulkner. Page Co. of No. "a Whife-st. is
chairman this committee OF FIVE and is merchant OF
whom all speak with great confidence. No estimate OF
the of the Insovent firm of the terms which
they are likely be able TO offer their creditors has
been made public. Mr.. Oberbolser came 10 New YORK
nom Akron, Ohio where he started as merchant MI
Keefer was formerly a member Of The firm OF Bradley
Keefer, weltig 4 Co.. the successor Of which, Edson
Bradley a. Co.. failed last week.
West Hail. Whittemore 4 Co. dealers in wooden
goods failed about weeks but their failure has
passed without general notice. This old Boston
house who moved to New-York after the. Boston FIRE
No particulars could be learned in reference 10 The set
tlerDent OF their business affairs.
There rumors, last evening. apparently well
founded failure OF another large dry goods house,
hut sufficient facts not obtained 10 warrant men
tiou nj be