New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-18
of business bv Tuesday or Wednesday when the
fear of tepositors have become allayed.
THE SUSPENDED FIRMS.


fITrrr CHANGE IN THE AFFAIRS OF FISK HATCH
BoGAfT CO. AND OTHERS.
Ouiet reiened in the Offices of Fisk & Hatch, No.
sNassau ST. Yesterday. The clerks were busy col
Ieotinc materials for the forthcoming statement.
Two detectives in plain clothes, sat in the outer
Office all day. but their services were not needed.
There were few callers Most of them had brief
interviews with one or both OF the partners and
then departed. Mr.. Hatch was busy man,
listening to an occasional caller giving the desired
information and at intervals hurrying to and from
neghboring offices. When asked by a TRIBUNE re-
porter il there was any further information
to be given concerning the affairs OF the hrm
he said there was absolutely nothing
to be impaired Asked concerning the
latest phase of the Newark Savings Institutions
trouble he replied that the firm had no lrther ex-
planation 10 mako concerning the bond matter
than had already been given by Mr.. Boardman,
their counsel. In conversation with some menu
bers of the stock Exchange during the day, Mr.
Hatch said that an investigation would
show that the firm had acted IN an
honest and honorable manner The date when the
detailed statement of the firms affairs be fin
ished and made public has not yet been determined
Active work on the accounts of the other sus-
pended firms was continued, but as vet no state
rcnt of their condition can be obtained. No action
has been begun by KObbe Brothers against o. NJ
Bcgart & Co. on account of the rohypOthecation OF
securities which they charge against the suspended
firm in behalf of a client. The only thing done
by them has been the tracing of the
securities TO the places where they
are held and the prevention of the disposal of them
through nunctiOns. 1t is claimed In behalf OF
Ecgart & Co that the client of Kobbe Brothers
owes The firm So 900 in addition to Endorsements
on notes ne gotated by Bogart d Co. TO the amount
Of SIS. 600. These amounts offset considerably me
claim against the suspended firm lor So0'uDU
United States bonds and other securities deposlted
with them and rehypothecated. There is
settled amicably. o. NJ. Bogart, jr., the
son Of the senior partner has issued
notice that he has gone into the note-brokerage
business ut No. 10S Wal-st., and will, If desired,
continue the business of the persons who have been
dealing with O. VI. Bogart IL Co.. The assignee OF
The latter firm expects to begin the preparation of
his schedules of assets and liabilities Tomorrow.
Favorable reports with ut details were made oy
Coffe & Randle J. G. Williams, and tlotchklss
Durham & Co. as to their affairs. Al
the Office of Hatch d Foote 1t was said
that there was no improvement IN their
affairs and the work of the assignee had 0ny ABOUT
begun. 1t was stated in behalf of \. W. DInock *
Co. that there better prospects OF az early
rpsUp,ptiOD and confidence was expressed that the
loans on Bankers and Merchants telegraph stock
would be taken care of tO prevent the loss OF
control Of the company by its present managers.
The work of adjusting the affairs of DonneI, Law
son ~ simpson advances slowly on account OF
the distance of many of the persons ana
banks having accounts with the hrn. III
was said to be too early for any sprcul1tl0n as
10 whether or not Mr.. Donnell would retire and
the other mariners continue business II. {. Hardy,
Of r. C. Hardy & Sons, said hat there vas nothing
70 add TO the statement regarding them III yester-
days TRIBUNE.