The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-01-08
NEW ENGLAND FAILURES.

BosroS, Mass, Jan !, 1870
The weekly record Of failures and suspensions
shows the following
William Kerr, Jewelry. Washington street. Boston,
has failed The liabilities about 5000 600 and the
nominal $23 600 $24 600 About one-third OF
the Indebtedness is in favor Of Boston parties and
the balance in favor Of parties in Providence, Phla-
John C. Tolman & Co.. fancy goods, Boston, have
failed. Some Of the creditors have signed the firms
offer Of ATTY cents on the dollar aud general settle
ment will probably be made at this rate
Parker Brothers, fancy goods Washington street.
Boston, have failed The direct liabilities Of the firm
IN favor of New York parties In addition TO this in
debtedness there more or less contingent labi-
ties IN the shape Of Endorsements which the hrm VIII
be obliged TO pay
G. j. Lovejoy clothing North street, has failed His
liabilities $l5, 600 SIC 600 and the assets
some $1,000 The Indebtedness is mostly in favor Of
Boston parties.
schayer Brothers, boots and shoes, Of Devonshre
about $2S, 800, OF which S. $50 Endorsements.
George A. Plummer retail dry goods OF Hanover
street, Boston has failed. His liabilities are some
$4,000 600 The assets consist chiefly OF stock
in trade account of which Is now being taken. The
Indebtedness is in favor OF Boston and New York
partieR
Tuck wilkins 4 Co., hosiery and small wares, Bos-
ton have made assignment for the benefit of their
creditors to John b. Babcock, OF Boston The liao-
ties about $24 600 and the nominal assets SIS OOOor
$500 The Indebtedness is principally in favor or
New York parties Mr.. Babcock, expert is settling
the estate and expects to pay nearly 100 cents on the
dollar
Sleeper, Fisk Co., millinery, Nos. ss to 81 Temple
place, Boston, have failed, with Liabilities at $4,000
and nominal assets about s44, 600 The indebted
ness Is almost entirely insured in favor of New York
parties Many of the larger creditors have signed of
the firms offer OF thirtyhve cents on the dollar,
and general settlement will probably be made this
basis
j. L. Leonard, furnaces OF No Hayward place,
Boston, has failed with liabilities OF $15 600 and
assets So 600 Mr. Leonard will go into bankruptcy
At meeting of the creditors of Hamilton, Richard
son Whitney, dry goods held to-day, there pre-
sented statement of the financial condition OF the
firm, showing liabilities TO the amount Of $685. SS1 and
assets to the amount of $267 472 leaving deficiency
of SIT 90S Their merchandise liabilities aggregate
$1S531 The money debts figure in the liabilities
$1S5659 rent So 900; taxes 81 403 and salaries
and small bills the balance. The assets made up
of SILL 94l in merchandise figured at cost, except in
few cases OF known depreciation $SS 154 in assets
S., 146 in notes and the balance in small items
D. i. hayes fancy goods dealer, ofWaterbury, Conn,
has suspended, with liabilities reported at $50 600
The assets supposed 10 be about nequarter rs
much. Among the creditors A. T. Stewart, So 600,
and H. B. Clain Co., 81, 600, both Of New York, and
several Hartford FIRMS
Stewart Il Woodcock, merchants and shippers OF
lumber Princeton, Me-, reported Jailed with liabil-
tiles of $50 900 and assets $40, 600
Judson Tarr, menhaden oil manufacturer Rockport,
Mass, factory at Pemaqued, Me-, has failed His La
bilites $l25 600 and the nominal about
1852 000 Mr. Tarr's Indebtedness is mostly favor
of accommodation indorsers Of his paper meeting
OF his creditors will be held to-day.
NJ J. Chaplin, sewing machines and boots and Shoes
OF Lawrence, Mass, reported suspended The abil
tiles are stated at SIS, 000
Henry c. Fay, boots and shoes, OF Worcester, Mass
is reported failed.
Plympton Spaulding, jewellers, Of Worcester
Mass, are reported failed.