Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1886-09-19
PACIFIC COAST.


GAN FRANcKnro, Sept. 18.--Joasph Ad-
Ter, retail dealer IN furnishing goods,
has assigned 10 MsyeEgtain q kowen-
berg, wholesale fuFnishiig goods deal
eEa fhe liabilities are small
Eikan ShrieE. retail olothisr a the
corner Of Bush and Monfaomery streets,
has assigned 70 Frank sperlinR. TIE
liabilities are e20.O00. aBd fhe asaets
aboat $4,000. Elkau Shrier i bruth-
81 Of Henry and Morris ShEieE, membsrs
Of the arm of J. Baum 4 o., whose
assianmeat uas announced yesterday.
The failure is consequent upon that Of
Baum q %.
wrsek er she vlesssia crsaa.
SAn FRAncmc0. Sept. 1s.-Ths British
bark ficloEia Orosa, loaded with houF,
which lekt this port on March 18th,
cleared By Balf0uF. 9nthris A Co, has
gone AshoR6 near QaoansloWn and q 8
total wreck. Part Of the cargo may Be-
azVed.
mop meuse harmed.
WREArE.AND. (Oal }. Sept. le.-HaRh
Rodan's bop hous8 burned this morn.
ING. Tie building Waa valued at $500
and was insured for one half that
amo1nt. TWenty-eeven tona ef hops
shish we're IN the b1ilding are q total
loss, the insurance. having expired yos-
teEday. Mr.. Rodan's total loss on
tie baildinR and hops will reach e10.o00
The eaam faiIure.
San FRANuIsOo, Sept. l8.-solomon
swsss. assignee Of ]. Baum 4 o.,
wholasals clolhisFs Of this sity, whose
failaFe vas anno1nedd yesterday. fur
uishsd this afternoon q preliminary
skatement Of she aassts and liabilities
OF the Arm. Tue liabilities in San
Francisco are e568. 900 and IN New York
el50,O00. Total liabilities, e73s! 600.
fha assets IN San Francisco are ESQ.,
900 and in New York e25.000. Total
asssts. s655, 900. This amount includes
J. Baum's residence. real estate and
some peFaonal property, bat does not
inoluda the private property 81 hia tWo
paFtness. Henry and Morris schrier.
In the ataiement Of liabilities the East
ern indebtedness IL placed at S150. zoo.
The principal local creditors, amonR
uhom sFe f0sF Of the more prominent
banks, are pretty veil secured, and the
assets, Is shown By the assignee. are
well up TO the liabilities. Lt is not ex
peotsd that The individual losses viii b.
heavy. o.
No clear reasons are yet aasigned for
She failure, but 10 10 known shat Il was
party caused by the shrinkage IN value
Of the Vulcan powder stock, and stock
held By members Of the arm in other
powder companies. Their l0asea tn
powder Stoke alone are over 8l60. 900.
Although the sudden collapse Of what
vas considered q strong house excites
aoms comment, ID has not exercised any
pFeiadioial eject on business, and
money continues abundant at easy
rates.
Eemlaatea foF Congress.
SANTA CnUz, Sept. 16.-Ths Fifth Dis
tFist Republican Congressional Oonven-
tioa nominated Charles N. Felton, By
acolamation fos Congress.
Captain Debaey Commended.
SAN FnAAcrBoo, Sept. 16.-Charles O.
Bsmis, United States Supervising In
spseaog Of steam vessels, has rendered
decision on aBpeal, revokina the De-
cisi0n Of the Uaited States Local In
speetog on August 18th last anBpending
the license Of Captain Dsbnsy for ten
days. Inspector Bsmia In the deoision
says: Captain Debney should be CON-
mended fer bis prOmptness IN listing
bic steamer and bringing bis passengers
and ehip safeig 10 the dook."