New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-01-06
ENBARGASSED IN BUSINESS,

THE FAILURE OF FOWLER, CHAMPION CO.
TROUBLE or THE DIXON CRUCIDLE COMPANY.
The failure Of Fowler, Champion s. Co.,
tie details of which published in THE TRIBUNE yes
terday, created considerable surprise aud comment
among firms III similar lines OF business. 1t
was stated that the failure doubtless due to pecu
laon in goods outside original line OF the firm, as
for instance, Bengal indigo. The firm also lost cOnsld
cradle the fire of the Nassau Lnseed OH Mills year
ago. 1t was understood that the firm had also specu
lated i'll opium and other drugs and at the time OF John
I. Henry Co.'S. failure 1t had considerable uccOmmo
datOn paper out. 1t stated also that Nj. Fowler
about ten years ago was Interested in factory in
Brooklyn for rendering wood pulp for the manufacture
OF paper TIC secretary acted also as manager, and
bought q large amount OF machinery winch was CON-
parativcly useless, and these heavy expenditures
involved the firm TO large amount The assignee OF
Fowler, CHAMPION ~ Co. was disnclined to make any
statement yesterday, and could net tell when state
ment Of the firms affairs could he made,
Edward T. {. Young the president OF the FIRST
National Bank. Of Jersey CITY. who appointed by
Chancellor RunyOn esday, receiver OF The Joseph
Dixon Crucibc Company, OF that city, gave bond, yes
terday for faithful performance Of his duties The
bonds for $4,000, with John Mullins aud John
Lamb as surctic,. The bonds approved subsc-
Qucnty Mr.. Young visited the factory Of the company
in Rull0aG-aye. Jersey City, ana consulted with
Orestes Cleveland the president, and John \. Waller
the secretary. Oar bus Will be carried on just
the same as heretofore," said Mr. Cleveland to n
TRIBUNE reporter. and none OF the hanC4 VIII DC dis
charged. With 1Jr Young as our receiver, under the
direction OF the Chancellor wccn nave the TINS ccied
III when mCct the notes OF Tie c0Bpaui hrid oy
FoNlc,. CramiOD - Co. al jHc ihr o' !"lI alire an
OF Tie receivers hands" judge BalIett ycscidny
clbl" Company at Is New DIX III No o. Il d"c So
the application of Patterson. Downing 4 Co, WHO
sct 10 he corHny Ing tnrrin ,nVk l''Sse'. Io.
Richard W HAYWARD a"d F.cgciic4 ~ - N'sn' COM
commission merchants at % iNehane, place. dltd' an
assignment y,stcd,y 10 y. .nIer Mclha To-: 1rcir
small. The iaOntios are reported at about $1,000
Richard }. Lnd'o", dg'l,r IN dry sod a. ~ ~
james Murphy, a grocer IN Thirl-ayc. between one
huLd!cd-aul-~ xty-s Sta and one hupdrcdatlds.N
B,ccsirore. Wit. prCfrreucc, o. - OGl 81
lew Br5,iris. TGos dcalCis IN dr., goods ~ New
under tie STATE law l. Lehman beng npoin,cl
charge of the uroUcrty ~ M CJdr. Tn. hIJilu,7
amount SiG.i5~ p, and tnc a--es $ 900 IN STOCK
There are th,r,y-dvc creditors IN NcwIork, 10 whom
The Laoii,ics Of Iiler Brothers wolcsal. dealers IN
tobacco in Philadelphia Who have :nspyhdrl are -
on the dollar. Tlcy owe considerable IN Ncw-Icrk
ST. LOyIs, Jan. 5.-McssIs. Bowman &
Bigger wholesale liquor mere 1anis 90 Ills city mae al
assignment to Isal Tor Busch yesterday Tncr Ha1ii-
tics arc said 20 be S11000o and their asstts $4,000,
Consisting Of vines. Eqn'Is b.iS AID opou 'ronr
INu!AHAroLls. IuI.. Jan. 5S. j.. [ict UI. a sons.
dealers II t,ds ar' coffee mace IN a,otlrrnt Won
DAY Tor tAe hrl,ih ~ th.iF ctcl l"rF 't,Ih 't''
Nim!ttics are r2j.UU0; assets ~4'.ooo.
CHICAGO. Jan. o. al pa. ch ioln -. PAU. NINA,
SAWS ~ dry goods stock OF HAYWOOD. tAc 'nn,ai is
bankrupt was HnI ih bE %! iuc s''iIl 10 .I'--I '.
DecuuE Miil'hcu .. oi New-fork. az o,- pr ac. %
inc invoices price. Inp net loss ~ an iaiUrc vi.l boz
ABOUT S4JJ,UOJ. -lr M6cH. "t'n ak ii. -d'd h' dd
hut II would De- soil Nnlc1vois. Il Il al c,ed tt
Mr.. NuiErn j. N .n-i oi he 81 fdu. " pool 0ri Ills
Cint1@o. jan. Tile commission and sr'ppn- firm
ot i<.Y A MPIaury, Who fd.cd ~ the recent heavy .
INN III a