New-York tribune., 1878-02-16
BUSINESS ENBIRRISSMENTS.

DIFFICULTIES OF NEW-YORK MERCHANTS.
FAILURE OF CAMMEYER 4 NAsoN-A SUSPENSION
IN IuE COTTON TRADE-oTHER FINANCIAL
TROUBLES.
Cammcyer g. Mason, wholesale dealers In
shoes at No. 81 warrenst. failed yesterday and made
an assignment for the benefit OF their creditors to Aaron
Cann. The failure caused great surprise as they hdd
excellent credit had been ia business for eighteen years
and had extensive trade. The firm carried on fOul
retail stores SXtlaye and at Bleecker and Carmine
sts Unseasonabe weather, deportation m values aud
inability TO make collections. the causes ascTbed for
the fa,ure The liabilities amount TO SlsOOOO, ana the
considered large, hut their exact value Is not
yet known. The firms aiirs are In tie hands of us
creditors and a compromisc will probably be effected,
as many creditors have expressed their Willingness to
grant IT, The transfer of real estate OF Mr. Cammeyer,a
few day. ago. was property held by him rstee,which
had really been transferred over year ago. but the
transfer was not recorded until February g.
One OF the " the decline OF eighteen points IN
the price OF cotton yesterday below the closing prices Of
day before the selling out ~ between l2oOO
aud L. 900 bales. account OF tie firm ~ Ieyerch
Co., OF No. Ill pcarl-st, who suspended ye7'er-
day. Their liabilities reported TO be be-
tween $4,000 and $4,000. The firm declined
t0 give any particulars The business Las D,ch
who will meet with the losses il there are any The h
cousss OF Everett and :. d. Leycrch, who succeeded
the former firm Of the same name, composed Of H. =
and C. T. Lverich. The batter was formerly the presl-
tcnt OF the Bank Of NewYOrk The house ns been one
of the prominent I'm the cotton trade, ana the
failure meets vI:h general expression o -yinnathY
Mr Maitland. of thc firm Of II. l.. Maitland Co.,
stated yesterday that 10 lad not SUSPENDED nor hal any
OF its notes gone 10 protest Friends had ndered as
ss;anc. and there air chance of lnahinS sails
factory settlement lie "a ped 10 be able IN Few days
10 make a statement of their ahairs The hTin Has at
Why's ranked HIGH and II is old established houae ia
tie cotton and tobacco trade. Depression ~ both mar
kcs aud inability 10 collect debts. arc attributed rs The
caIIscs of their diiiicdlF.
Kenyon Cos. formerly partner OF Danl Drew, ap
Piled h. Register tc yesterday, f0r h~ discharge from
hakruutoy. Opposition was made on hrhalt OF Meyer
FINN who purchased q claim Tor SlGJ,OrO at aurt"n
pa,inc -G9j for H. and tho usual TIM allowed 10
r succacatl1us DIoo, ol Grt Of fUriy-fOur secured
cIcdiof r c amount OF their claims. auOye tie sect
rity. SSii19. were ncd
Tnr creditors of Althof B,rynaun Co.. wholesale
Cicr flr sctitin - cents the do lar IN three,
twelve and hi,ren ~ nih-. tlo Liabilities amount 20
Si1G.I . aud zeal a.-C - sGi,1lJ.
Tho schedule 4 David Valentine, Duncan u. turile
ana Charles IS. Vaughan DAVID Valentine Co, dresS
good-. No. lu2 $40 uwayl h.cd yesrrdat, states Their
UIbliic, 81, % 20 Jui clr assets 80 S.io1c 81
Th examination o. y. ~. Dewey, tine assignee of j F.
HcurY Curfau Co, began ycstcsdIy bcfore Regis
Ter Iitir ari was aim 'si Immediately adjourned untI
Tur.iuy The facts rrcited were that Dewey was tie
regularly appput, assignee Oi the nr. tnit since Jan
nary II 40 ~ goods bad been sold at MAJ kct
vlc ami tbIi the trade marks OF the firm were In his