Savannah morning news. [volume] (Savannah) 1868-1887, 1884-10-18
MERCANTILE MIsFORTUNEs.
Dun & Co.'s Report for the Past Week
Nearly Identical with Previous One.

,
Nearly Identical with Previous One.
NEW YORK, Oct. 1.-THE business fail
ures throughout the country occurring
during the past week reported to Dun &
Co. number for the United States and the
Territories 1872, and for Canada 26, total
of 21S, against 220 last week. The failures
are numerous in Texas and in the South
generally, as also in the Pacific States,
but rather below the average in other Sec
tions.
NJ. NJ. Nussbaum, dry goods dealer at
Barnesyille, Ca, has made an assign
| ment.
GRENADA's EXCITEMENT.
NEW ORLEANS, Oct. ia special
from Grenada, Miss, says: "This COM
munity was thrown into state Of intense
excitement by the failure of the banking
house OF n. c. Snyder d Son. Everybody
had explicit confidence in the solvency
OF the bank. 1t now appears that it has
been insOlvent for more than a year, and
that Col. Snyder on his deathbed insisted
that his sons should attempt to clear off
the Indebtedness. They agreed to make
the attempt, but failed. A meeting of the
creditors has been called. An effort will
be made to secure an extension of time.
1he firm made no statement. They were
rated at from $4,000 to $4,000. The as
sets of the firm are $4,000. The liabill-
ties are something less"
A HEAVY FAILURE AT VICKsBURG.
VICKsBURG, MISS, Oct. 1.-THE doors
of Jacob Shlenker's mercantile house
were closed to-day by an attachment sued
out by the Vicksburg Bank for $4,000.
The stock in the store is estimated at
$4,000. Besides there are large amounts
in this State and Louisiana. Shlenker's
embarrassment is caused by his indorse-
ment of the paper of ID. Stein, of
Farmersville, La, who failed last week,
and also of that of Leon Gerson, of Mon
roe, La, who also failed. The indorse-
ments amount to nearly $4,000. The liza
bilities in this city are $4,000. Repre-
sentatives of the creditors from Memphis,
New Orleans and New York are here, and
attachments amounting to $4,000 have
been placed on the concern. The impress
sion prevails that Shlenker will make ar
rangements to continue business.
ATKINsON's BOLD FRONT.
CHICAGO, Oct. 17.-John A. Atkinson,
Jr., member of the firm of Davies S At
kInson, who is charged by the senior part
ner with converting 5000, 1000 of the firms
money to his own se,awas seen by a re-
porter yesterday. He said that there was
shortage of about $4,000 in the firms
accounts, that it was lost in speculation,
and that the loss was not an individual
one, but the firms, as he claims to have
been operating within the limits ofhis au-
thority. The Bank of Montreal yesterday
took out an attachment for $180,000
and levied on the property Of the firm.
Davies says that h3 will pay all legiti-
mate claims.
THE PLANTERS BANK.
PETERSBURG, Va, Oct. 1.-THE grand
jury of the Hastings Court, Judge Mann
presiding, late this evening found three
separate indictments against W. w.
White, teller of the Planters and Me-
chanics' Bank, for making fraudulent en-
tries on the letter book, whereby his uncle,
Thomas White, the cashier of the bank,
was credited with $4,000 as having been
deposited by him, and whereby r. A.
Young and r. w. Thompson, of this city,
were credited with different sums as
having been deposited by them. The
grand jury failed to find a true bill in the
case of John Beckwith, the bOokkeeper of
the bank. The grand jury has been dis
charged until next Wednesday, when it
will act upon the Indictment against T.
White.
A BANK CASHIER ABSCONDS.
LA JUNTA, COL, Oct. 17.-Richard
Simpson, cashier of j. e. Jones e. Fishers
bank of this place, has absconded, ard it
is reported took all the banks available
cash, amounting to several thousand dol
lars. Simpson stood high in the confidence
of the people here. Officers are in pur-
suit of him.
4. APPLICATION FOR A RECEIVER.
ST. LOUIS, Oct. 16.-AppIication was
made in court late this afternoon for the
appointment of "A receiver for the Patison
Wire Works. 1t is believed that the COM
pany's liabilities will exceed its assets by
100000.