St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1883-08-10
Last Weeks Failures.

Some very heavy failures in the
leather and shoe trades took place last
week. These were f. Shaw 4 Bros. of
Boston, the largest tanners in the
world; Charles w. Copeland & Co,
shoe manufacturers in eastern Massa-
chusetts. Stedman X Co., shoe dealers
of New York, Il branch of the Cope
lands; w. F. Toler Il Co., shoe deal
ers of Baltimore, and lIOffheimer Il
Son of Norfolk, Va. These concerns
seem to have been connected in such a
way that when one went down the
Others had to follow. Shaw x Bros.
own more than $1,000, 900 acres of land
in Maine, and immense tracts in North
ern New York, New Brunswick, and
the Province of Quebec, with tanneries
i'll all these places. The firm employ
ed between ten and fifteen thousand
people, the annual product of whose
labor is valued at between S3,000,O00
and S5,000,000. Their immense tan
ming interests compelled them to keep
several large shoe factories in opera
ton to work up their leather product,
and the fact seems to he that their
business grew so large and unwieldy
that it could not he handled economi-
cally and successfully. The liabilities
of Copeland Il Co. amount to Il million
dollars or more. Two or three other
boot and shoe concerns have since gone
down, including that of Chas. H. Ward
& Co. of Brockton, Mass and Farming
ton, n. H., with liabilities of $500
Charles w. Clement, boots and shoes,
has also made an assignment. His liza
bilities are over half IL million, assets
unknown. Mr.. Clement employed
nearly 1000 hands in his various man
ufactures. Shaw of Shaw & Bros.
was a special partner to the amount of
S50,OOO. The factories are located at
Dover, n. H., BrOckton, Randolph,
ROckland, Haverhill and Lynn. Mr..
Clement was formerly in the employ
of the Shaws. The assets include 500
600 worth of stock on hand.
Jersey, Whittier & Wyman, sole
leather tanners and dealers in upper
leather, of Boston, failed Saturday af-
ternOOn and made an assignment to
William F. Mullen of the firm of Null
len 4 Brown. The firm has as branch
es, Hersey Il Co., tanners, Moose Riv-
er, n. Y, and George NJ Botchford,
tanner, Glensdale, n. Y, and all three
concerns go down together. The
Moose River branch consists of Mr.
Hersey and Mr.. Wyman, and the Glens-
dale branch of Mr.. BOtchford and Mr..
Hersey. The combined liabilities of
the main and branch houses aggregate.
the firm thinks, S5O0,000. The firm is
not involved at all in the affairs of f.
Shaw n Bros, or of any other concern
which has failed within the last few
days. The firm has been considered
worth S2O0,000 or S300,00O.
The eldest son of c. S. Kingsley of
Burlington had IA narrow escape at
Cedar beach. He was struck in the
tieshy part of the thigh by bullet
from IA target rifle fired by some care
less person. The bullet has not vet
been extracted, but the young man is
doing nicely and no serious consequent
ces are feared.
In Bethel, Milo Goss' cattle broke
into "A neighbours pasture and in get
ting home at night one COW made
short cut across lots, and in so doing
fell or jumped from ledge, which Mr.. !
Goss says is ninety feet in perpendicu-
lar height, and struck about $50 feet
from where she started. She received |
some severe cuts, but was notdamaged. |
John Treat, democrat, was elected |
mOyor of Portsmouth, n. H., on Tues
day, by 200 majority. The republi-
cans secure a majority of the aldermen
and cOunciImen.
The election in Utah on Monday
passed quietly. The "People's" or
Mormon ticket was elected in each
district throughout the territory. A
majority of Gentiles refrained from
voting. The large majority of Mormon
voters, who it was known would vote
solid as directed by the church, de
prived the election of any element of
contest.