The New York herald., 1877-11-14
BUSINESS TROUBLES.

Tho failure OF Louis woilstein, manufacturer of
lades skrts, at No S3s Broadway Is announced. and
much surprise manifested the trade, as his
business was considered very extensive and he had
good credit, having in the manufacturing line tor
more than ten years The main causes OF tho ail-
ure depreciation in tho value OF articles and heavy
los by bad debts meeting OF the creditors was
held the yesterday afternoon, when partial
statement was submitted effect that the liabili
tics would exceed $75 900, while the value OF tho
assets was placed at about S53, 900. committee Of
four consisting OF the principal creditors was ap-
pointed TO make an investigation into the assets ana
and report 10 the creditors at an early date
Solomon Hyman * Son, dry goods JoDbors al NO.
As Lspenad street. aied yesterday aad the announce
mcnt caused quite hutier the ldc as u Was un-
expected. Heavy loss during ihc cast season, COM
bnei with depreciation IN their stock of goods GU
hand, tue ma,u attributed or tn IT iau O.
me hrm had expected assistance from irens no had
been II The haDlt OF making advances, ana oeng uoa-
bic tc OBTAIN the necessary aid yesterday they were
assig OF all tneir properly Tor the Dehen oil
their creators 10 Mr Rapnar Mory. tneir laoihties
placed $50 900 AID tner nominal assets are
SAID u exceed those es her real assets are now
ever. estimated at about $S5 100
Composition pI Ioceednss nave been commenced De-
fore R.g gIslcr Little, BY John V. Schacier, ulac
turcr oil furniture at No. IL East Twenty-seventh
street. who Jailed III August, settle with his crcd
tors AZ tweni y-nve cents on the dollar, cash.
John r. Hellrich dealer In produce formerlysat No.
92 Barclay street, has bled voluntary petition IN
bankruptcy before Register Kctcnum 10 relieve him
Sell ut ou debts. HIS liabilities amount TO vi 3lS ~,
and he has no assets Tho following are the largest
claims entered the scheduIes:-Noith River Bank,
$3 967 IT; G. Goldsmith. So 600; AMMO N. Laihrop
S2,656; Howell Hoppock, s2,25O; scnmeyer y Co.,
81, O00.
petition in bankruptcy has been filed before Reg
ister Dwight by Edmund sydney Lun,, dealer IN
CLOTHS at No. 80 Chambers street. Among tho princi.
pal creditors the olowing:- Lunt, $4,000;
| BENJAMIN +. Anthony, $4 593 3s; Hardt Co.,
| S4, 475 80; Whitman, Kraft Co., S3,392 IS; > A.
Martin 4 Co., 81 36S AZ The lota, amount OF his
| labliilies is $50, lSs 50, aud he has no assets
! W est
Thirty.lltn street, has gone into voluntary bank
rupicy. Hts liabilities aggregate SS.S'9 97, distribute ed
among wenty-six creators, amouQ whom are Rufus
Hatcn $1,000; Il. B. PattcD 81, $50; Charles Smith,
/ S.. 0O7 Hisassets are merely nominal
| Henry W. Lockwood and Edward thompson, leather
Dwight yesterday Tor their discourage from bankruptcy,
there opposition on the pari OF the cred
| itors their petition Will be granted.
The failure OF John H. Anderson. dealer In dry goods
| ut No. T61 Broadway, announced yesterday and
was followed by assignment for the benefit OF his
creditors 10 Mr. Flank X. PendeIon. Mcssrs. Cnani-
berlau, Carter Eaton, attorneys Tor Mr. Anderson,
are making up statement for SUBMISSION to tue CT ed
itors Tue liabilities amount TO about 5,0OO while
the of assets not Known they consist o
general stock ot dry goods aud few book accounts.
The indebtedness cOunned solely 10 tho dry goods
Jobbers. This Is his tnru ahure uurhg the past lew
years.
I A despatch received yesterday by Mcssrs Cham.
berlau Carter Eaton stating tnat the committee oil
New YORK creditors OF N. Holstoin Il Co.. dry goods
dealers, ol Cincinnati, who went there, had MO pc
| tition in bankruptcy against the hrm.
| day the assignments OF Aiavon Briggs TO John
| Sn.flen; OF solomon Heyman Son TO Raphael May
of Joseph Herkel to samuel Rotnschid, anu oil Jonu
| II. Anderson 90 Frank K. Pcndietou