The New York herald., 1874-10-24
BUSINESS TROUBLES.
The Day in Waii Street-Re-
ported aiIures.
The Sheriff in q Prominent Bank
ing House.

Yesterday Dame Rumor took her crutch ana
Obbled into one OF her Old haunts-Wali street.
She ts well known there and ner patched cloak
and bonnet rouge did not attract much attention,
although some Of the male gossips Of the street
gathered around her. plucked at her gown. re-
ceived . whisper or two aud hurried or to the
cofree houses to retail her scandals. Early In the
day reports were rife that the we'll known banking
house OF Henry Clews Co. was being harassed
BY some camorous creditors to that degree tnat
the Sherif-s officers were actually in possession
OF the establishments. This was found to be true
upon the visit OF HERALD representative 20 the
banking house. as the outer offices were certainly
occupied bv men whose avocanOn can no more
be mlstaken than tnat OF tax collectors or detec-
tives. These people iounged on the elegant chairs
and expensively upholstered sofas. II not with an
insoen: air, with that professional abandon which
belongs to men who can smoke bad cigars in =
gentleman's parlor because they have the law be-
hind them. 4e
Upon inquirlng OF a member OF the firm, the
HEHALD reporter was assured that, although It
was unfortunately true, that some iny-advised
creditors were pushing their claims in vigorous
way and that the house was under attachment {,
st,ii the matters involved were under arguments
IN the courts. and would doubtless be settled ID
Every one knew the difficulties under which the
firm had been !aboring since the September
only given reasonable chance to
arrange their business OF their ability to pay
every uOHaF IoF WHICH tuey were FcSp0uSluio.
why" SAID thggentleman, ''ln the midst or our
difficulties to-day one person who mas q deposit
account with OF $l15,0O said that he should not
disturb It," Certainly the firm have the sympathy
OF the whole financial community in their efforts
TO weather the storm.
The name OF u prominent auction and commis-
sion house was also reported as having failed to
meet their obligations. Tie nrm was formerly
believed TO De one OF the stanchest IN
New YORK but Its ability to meet Its obligations
was seriously disputed yesterday. Up 10 the hour
Of writing however, inquiry among note brokers
and others Jailed 70 elicit confirmation OF the
ugly rumor. Said one OF the most experienced men
III the trade to the reporter :-"It ls impossible.
cannot have y shadow OF doubt as to their s0Iv-
ency; they nave no risks 70 run aud only receive
commissions on the sales OF consignments OF goods.
without they nave unw,sely advanced on mer-
cnandise which has rapidly deprecated, or en-
gagged IN outside speculations their failure Ia Ina
pOsSible.v
The suspension OF W. II. irving & Co., in the
produce business, which was currently reported
yesterday, there Is no DOUBT is true but II IS be-
lieved the firm VIII make good exhibit to their
creditors In q few days. h Tt
There Is no doubt whatever that most OF the
gossip In regard TO Arms and railroads is set
an0at by parties interested in the decline OF
stocks. Among such reports may be classed the
damage to tine "City OF Pekingp and the alleged
default OF November interest, said to be imml-
nent by the Toledo and Wabash Railway in
neither Of which, probably, is there any truth.