New-York tribune., 1878-01-22
BUSINESS EMBARRASSMENTS.
MERCHANTS SERIOUSLY CRIPPLED

MERCHANTS SERIOUSLY CRIPPLED.
SUSPENSION OF wATERHoUsE NOTWITHSTANDING
OF BIXBY & CO.-OTHER BANKRUPTCY PROCEED
INGs.
WaterhOuse Brothers, manufacturers of
focks and woollen goods NJ. - MurTay-.t and at
Passaic, n. j., have suspended, owing about S1jO0OO
and having nominal assets estimated at 100000 The
firm has two establishments at Passaic. beings
flock mill and the other for the manufacture wOoen
goods is stated that the paper sold at discount
ten per cent member OF the firm said yesterday that
statement OF its condition would be submitted meet.
ing creditors to De held THURSDAY The creditors
chiefly merchants, aDd scattered from Name to
Ohio No assignment has been made, and the que sOn
of the firms resumption would depend the attitude
of the creditors One of the causes Of the embarrss
meut was the unusually mild weather this Winter,
which essencd the demand for wooIlens The hoek mill
was closed last week, but the woollen mill still
10 work off certain stock If the flIlure prove pera,
nent one about 20 hands will be thrown Of employ
ment.
AT the establishment of Chase, Bartholomew & Co.,
No. AZ Worthst., whO were commission merchants ior
Waterhouse Brothers, said that the latter owed
them nothing. member OF the commission firm said
that they mad had account OF Watcrhouse Brothers
only about year, and that lie believed tie principal
losses Of the suspended firm occurred before his own
firm became connected with 1t.
Samuel NJ BIxby and Clarence Tucker, composing tho
firm OF 5. ". Bixby & Co, backing manufacturers at
Nos I73 and l75 Washingtonst., have gone into yOun
tlry bankruptcy Their liabilities amount To Sl23OOO,
OF which the principal claims are the following George
". Tucker, S70,364; Phelps, Dodge 6 Co, $sss7 Co.
halsey Glass Company, Philadelphia. Sj59i The as
seIs are nomlnay Si6Oo0 and consist of sixteen hun
dr,d shares OF tie capital stock OF :. NJ Bixby Co. "a
cOpartnershp formed under the laws OF the stale o
NewYOr Of the paIiyalue OF 80 share issued as ia
paid stock t. s3ld hrn ny . N. B'Xy * 40" ~ & pay
Vnlne." mGnt On pufe'''' 0' ''e''' u ''1
The failure of 9 Orgler manufacturer OF cigars at
Nns and pgT g1FpeuWph.t.. leDOptpi -rrday
and subsequently he made an assignment 10 IfedercK
I@wis Thc liabilifics amount TO about 10000 The
assets are valued al from $50 000 and consist
stock and book accounts Thirty workmen are thrown
Register Fitch has adjudcated W. p. Petet, builder,
of No. 40 West Tnrtyourth-,t bankrupt on ms own
nnl assets The principal creditors are Voorms q
Hains, 1892 samuel G Courtney, $1,000.
In the matter Of Joseph W. Duryee. lumber dealer OF
No 25S Chcrry-s, creditors have Withdrawn their op
POSITION and his discharge Wal be granted
Bennett d smith, Wholesale dealers III felt clohs, at
No 6i Leonard--t. have suspended account ot the
heavy depreciation the value Of that class ot ncrean
known but Mr. SAID yesterday he did not think
they would exceed $4,000.
H. W. Pinniger, dealer ~ teas, az 30 Baieiay-sl,
submitted OF his affairs TO his creditors yet
cr,iay and asked compromise which was granted, he
creditors accepting 30 cents on tue dollar 10 cents cash.
and the remainder IN Sky ana ninety daH.
John II. Murray. the proprietor OF g nurrays
Circus" adudlcated q bankrupt upon nis % own
n.titou YESTERDAY His liabilities amount 10 SiT732 6l
and assets $1,000. With the exception OF Ss 857 ow
Ing 10 James Murray, OF No; ~ south-'t' iof money
loaned the creditors mOsuy performers.
Rcgister Dwight has completed his report on the
account. OF the former assignee OF the Market
savings Bank. Prncis W. Wortb. deceased referred to
him lie reports that the estate WAS chargeahe win
SOS 7d9 90 but OF The disbursements. S9s,3is 80. he
makes deductions amounting TO rl62 3i that the es
tate is indebted the present assignee OF TIE bank ~
te sum of S65S 81, aud that Is proper the order OF
the court sloHld pass releasing the estate ana represe
atycs of Mr. Worth from all further liability upon pay
ment OF the mentioned. -
Assignments for he benefit Of creditors were filed
Yesterday by Lena Ruben to Ferdinand Brown; ny
Michael W. Foley TO Thomas j. Hitehman; by Inward
Bell to John Connor; by stephen III fSMeis @ millisn
(;aston Frederick B. stone and Hiram b. Cable lPoWes
CASTOR & Co., shoes, No. 1926 Duane-st). to James t.
Hodges. ~, .-,
The schedules of Susman schuster filed yesterday,
stale his liabilities AT SSif52 IL and his assets az
SfS337 a. The schedules OF Anton Lieson state LIS
liabilities at S30Oss l6, and his assets AT $500 33