The New York herald., 1876-01-15

Welsh was also noticed last week, has liabilities
amounting to So S7l and assets worth $500
Ellsworth X Sandinger, who recently assigneu 10
George standingcr have liabilities amounting to
81 sO6 S3 assets 81 l36 81 the actual value o which s
not over 81 900 Bonds wero ned IN the latter amount
The arm OF Cuthhcrt, Ross K Cook wholesale liquor
dealers, No. IS Burng slip, which made an assign
mcnt TO smith T. Baker, have succeeded IN making an
arrangement with their creditors Their Liabilities
amounted 10 slls,5S5 90 and their real assets were
5000 The assignee collected Over $40 900 OF tho
assets and the firm offered TO compromise at forty
cents on the dollar, which has been accepted
There Is a movement on foot among the creditors or
Gerry, Titon Cowel, iron, No Rector street. tow
ard compromise. The nrm were extensively engaged
in the iron trade and made an assignment some time
ago 10 r. i. Bacon and +. l.. Wiggin. The liabilities
amounted to SOIL $40 10 and the assets $30S 062 56
Since the assignment, however, the assets have been
considerably reduced by depreciation. The firm
owned the Pittsburg Bo: Company and the Girard
Iron and Tube Company, both OF which are insovent
All the ere iitors with the exception OF few repre-
sentng $50 900, have agreed TO compromise, and II
is highly probable that II will be effected Tho condi-
tions offered the rm follows twenty five per
cent TO paper with one Endorsement thlrtyiive per
cent TO paper with two Endorsements and forlyhv per
cent 10 three Endorsements The firm is willing TO ac-
cept these terms provided all the creditors unite.
communication was sent TO the President OF the
Stock Exchange yesterday morning by Messrs. Dcken-
SON Co. No 25 Broad street. announcing their fail
The drm consists Of Patt X. Dickenson and How
ard c. Dickinson They have made an assignment TO
Mr. r. II. Carter No so Wall street The amount in
volved is said to be largo
FAILURE OF DICKINSON CO.
Yesterday morning the stock Exchange was some
what excited by the rumor Qf tho failure OF Messrs.
Dickinson Co.. whose Offices at the corner OF
Broad street and Exchange place. One after another
stocks were bought in for account Of the delinquent
nrm-Union Pacific. Missouri Pacific, Erie Lake Shore
and Pacific Mail and so on, until the Board closed It's
doors at half past three O'Clock yesterday.
A HERALD representative called on the firm men
toned after the report of their trouble made
public and received the following information from Mr..
Shaw, the confidential boOkkccDcr:-"Thc rumors on
the street absurd, especially rs to the dealings in
California stocks ascrbed TO the house we have made
heavy losses chiefly chargcabe to those who owe us
and whose carving
large amounts OF stocks. ! refuse TO say whether
Jacob Rubno or Daniel Drew our debtors-you
draw your own concusions.n ~ Upon visiting Sir.
Francis H. Carter the assignee OF the firm ut No 60
Wall street. the gentleman SAID he knew nothing to
conceal in regard to the affairs OF Messrs Dickinson
Co. and he could say the public the embarrassments
OF the irm were not due to spccuatons He had gwen
orders to The clerks to give reports Of the state OF the
business and he hoped to submit this to the public in
few days