Daily globe., 1883-08-18
BUSINESS TROUBLES.
BOSTON FINANCIAL TROUBLES.


Boston, Aug. 1.-THE creditors of Her
sey, Whittier & Wyman, tanners and deal
ers in leather and kip, met to-day, and a
statement of the financial condition shows
that liabilities of 1854, ,575, including $685.
900 in time notes and $259,5OO in endorse
ments on the paper of G. M. Botchford &c
Co., Of Glendale, n T., Hersey & Co..
Mo Sc River, N. Y, and w. G. and R. NJ.
Silsby, of Boston, all failed firms connec-
ted with Hersey, Whittier & Wyman in
business, $141,00 on customers notes, the
last being considered an average list of
business notes. The assets, includ-
ing accounts with the above named
failed firms and $22O,OOO worth of
stock in process of manufacture are $780,
1926. The statement of the affairs of
Hersey & Co. shows liabilities of $4,000,
and assets 100000. Botchford & Co.'s
Liabilities are $142,328, and assets $43, 500.
The meeting appointed an advisory
committee and adjourned.
An adjourned meeting of the creditors
Of Charles W. Copeland & Co. was held
this afternoon. A sharp discussion was
had upon the proposition OF debtor firm
to assign all its property to W. T. Law
renee, Isaac 6tebbins, R. E. Cole and Ma
| thaniel Wills 1t was urged that the meet
ing ought to choose trustees and not have
names sprung upon them from the out
side. The matter was finally referred to
an investigating committee. They made
a report which was accepted that the as
| signment be made to the following
trustees: Gen. O. P Martin, John O
Henry and w F. Lawrence.
In relation to the dismissal of Thos. B.
| Kirby, a Tennessee clerk in the postoffice
| department at Washington, on the charge
that he shared with Houghton, Mifiin &
| Co., of Boston, publishers of the postal
| guide, the profits on all pages above the
number specified in the contract, Hough-
ton this afternoon denied emphatically
that there had been any dishonest dealings
with the government. lie said
at the time this contract
was made the government specified
the editing of the work should be done by
the department clerks. The firm merely
did the publishing, but it was part of the
contract that the firm should pay for the
editing. Kirby was one of the editing
clerks, and was paid for that work by the
firm fair price. Kirby is innocent OF
any unfair dealings with the government
and SO far as Houghton knows, he (Kirby
never received cent moro than he earned
Houghton is going to Washington to con
fer with the postmaster general.
FAILURES OF THE WEEK.
New YORK, Aug. THE business fail
ures of the last seven days throughout tn
United States land Canada number 17C
as compared with 1872 last week. The dis
tribution as follows: New England states
%; middle. 21; western, 81; southern, %
Pacific states, -: New York city, 6; Gan
ada, 90.
FALL IN SYRUP.
NEW YORK, Aug. 17.-Taussig & Ham
merschley, syrup manufacturers, 1allul,
caused by endorsing for the firm of Ale1
ander & Taussig, of Chicago, sgains
whom Judgment in favor of the First M
tional bank has been confirmed. The Ii;
bilities of Taussig & Hanmerschley al
1926, 900; assets not known. The firm ha
been established since 1870, and was al
ways rated high by commercial agencie
Tausssig. of Chicago, is related to the s,
j nior member of Taussig & Hammerschle