The New York herald., 1878-07-11
BUSINESS TROUBLES.

HEAVY YAIlURE IN The BUILDING LINT
PARAGUAY.
John J. Burche. builder, at No. 206 East Fifty
sixth street, has iaied aud his attorney, Mr.. Ran
doITh Guggenhemer, has commenced proceedings for
reist IN bankruptcy. He one OF the most exlen-
slve builders 10 the cry aud hts failure tho result
OF depreciation 10 real osaie aud losses by iorecos
ures oi second mortgages held by him. Tue total ila-
bities about ST. SOC, 600. of which 81 600 900
arc secured by mortgages on real estate The princ
pal secured creditors the New York Lille Insurance
Company, $26s 500; Waller l.. Cutting. executor
OF Gertrude Iutnng, s72. TOO; Sssmen's Bank
for savings. $69. .0o0; C,uzc,s'. SAVINGS Bank.
$3.50 estate ol Adam smith $2s,ooQ; Georse
French SIS 900; rseosore p. Moss, $50 900; Mania,
ian savings pk, Slo,0 900 ana Amos H. Euo, f2l, 600
$3.50 as1; Henry ). Burcnei. siSisi; James oSicer,
$4,6l6 90; James Bigler 81 O94 %; ButcheSS but.
lsr s4oss ot;. J. l. Schuyler, $500; Jadk. o.
Brother, $500 55; turk Berhaus, IL 200; James
X. Dasragn, $1,000, To.las New. 500; l.. G. Ward,
S3457, and Chatham National Bank. 81 500 The as
sets CONSIST OF house and lot on Fiity street.
between second and Third avenues valued at 100000
saa mor.."ssa Tor siS,ooo; house ana lot in in,ry
81 $40 600 and mortga-ed Tor So 900 and mouse aud
lot ON Ninth avenue, between Fiiy-,hnd aud F,fy-
fourth Streets valued At SCI 600 and morIgarrd Tor
$40 200. Tuerc Is about $50, 900 due him from
Jud9 9mcnts against other parties
The suspension oi Raiaei r. burthoId, Consul Gen.
eral 0t Paraguay and comnission merchant at No ~
stone street, Is announced He had excciicnt credit
and h s suspension caused nucn surprise. he had
been N Ousnoss Tor upw OF Lwcuty hvo years tut
during the past three years PASSED most VI his time
In Europe. HIS busness lately had Ucsn muiniy
ordcrs, but Was not prohlabe, as many oil his Gus
toners aiied d through Cuban trb bubies. outstand
Ing accounts IN CUBA amount 10 about 500 COO large
portion ot which VIII be realized. rne total la
bMiIies amount about $50 U00, which $40 900
Tor merchandise ant Inc balance manly ior borrowed
fnoney duc TO relatives The main ctuse OF hts sus.
pension Was inability 10 make COLLECTIONS IRON nis
Gus omcrs.
viii m Carr dealer IN hides at The foot Of West
Forty sixth rect, has iailod with II ,prics amount
ing 10 $ju OU0. nearly ali of wnicn duo iOr cattle
he sacd hdes Tor tannng nut the business has been
unprouiaU ior the past year.
A meeting OF the CREDITORS OF A. Il d. Flesh X Co :,
importers oi ixncy goods, formerly No 81 Fraukiin
st, was held yesterday al tue oihce oil Register
ketcnum and schedules were prepented showing iia-
bhllies amounting TO $50. 900. Three claims were
Proved auouutng 10 81 ,452 90 and Joseph Loib WIS
ciectea assignee 90 -r'A J.
Robcrt So:nervilio, auct.sneer Of No - University
place. made al plicaIou recently 10 Register Diyton
for LIS dtscndrge 'froni aLkrupcy aud the matter
cane up yesterday There 40 oppo sition ne
pari 0i the creditors aud his petition will DO prauted
Louis Bowman, dry g"ois dealer W No. 40 Newark
avenue, Jsrsey City, yesterday mado an assi.nmcnt
10 Cuarlre Marks HIS hab,i'ties amount 10 50, 600
Mr. htcha-l tnioru, receiver vi the dcluDct Jersey
City Savings Bank. yesterday gave notice That aud
after Monuay depositors will be p.d Sky per
ganized fsw years ago BY the Frcese family OF fren
ton who IN tho state Prisoh Tor dciraud' OK
depostl0rs aiid its a'iuro Was the OF
Frccse 4 Co troubles.