New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-31
FAILURE or A BOOT AND SHOE FIRM.
f. & A. II. BACHELLER, OF BOSTON AND NORTH
BROoKFIELD, Observation-Disclosures s1.o0o0oO.

f. & A. H. BACHELLER, OF BOSTON AND NORTH
BRooKFIELD, Observation-Disclosures s1.oOo,ooo.
Boston. July 3o-The failure of the boot and shoe
firm Of f. d a. II. Bacheller Co., Of Boston and
North Brookfe!d, announced this morning. with
liabilities of 81 100000 and nominal assets OF PROB
ably about the same amount. An assignment mas
been made TO Thomas f. Proctor and Robert Bach'
eler Of North Brookfeld, and meeting Oh clcuorS
will be called as a definite statement oi ulo
firms affairs can be prepared by the expert account
ant now engaged In examining its books AS con
siderable of the indebtedness is held by purchasers OF
the firms commercial paper, whose names are uh'
known TO the debtors, the trustees request that all
creditors will at send them statement OF ther
claims.
The firm Is one Of the oldest in Its line In the
country, the business having been established IN
North Brookfcld in 1910 by Tyler Bacheiier' the
nr,,ent firm consisting Of a. H. Bacheller and his
son Francis. The factory at Nor'n
Brookdcld is one of the largest and
best qupped in the country ana gives employ hols ~
100 hands, calling for a weekly payroll OF over
$4,000 This Is the only industry OF the town ana
the failure will be a heavy blow TO the latter Unul
recently the production of the factory was mainly
heavy boots and shoes, but lighter styles Of goods
have largely taken their place
,rbis was one of the ten firms in Worcester County
that had long contest with the knights OF LABOR III
1887, lasting some hVe mOnthS' anu tiis s0i"be-~'
esulted I'm favor Of tho manufacturers, was expensive
and has undoubtedly contributed directly or indirectly
~ tho rresent embarrassment. The immediate cause
% tno f,iInre * large losses made by A ii. Bachelor
outside Of the business and the fact that the recent
LARGE failures In the leather trade followed Dy the
Lewis Brothers failure, added TO the Ehealoh ol o
,tor namber of the firm have rendered 1t difficult 10
obtain money on the firms commercial papor' lho
manufacturing business of the firm has been pronaDlo
and this makes il likely that the business VIII De 10
established under some arrangement between the nrh
opd tx cr-l,tors prominent merchant whose sehl'
monts concerning the embarrassed hrm SEEM "
lac shared by all members Of the shoe trade IN uls
city said to-day: 1t a frstclass hiT. us
trado has been considered very desirable ana has
been sharply competed for There was not lea'hcr
merchant in Boston but would have been giaa 10 sou
them anv amount of goods they might ask for, and
this staement held true up to yesterday ThcT pusl'
nos was considered the cream of the trade don't
believe their failure will affect tho trade 10 any se~
.,tent for they usually paid cash. Tho assignment
doos not indicate any trouble in the shoe business,
for II s supposed that every concern I'm tho business
g manufacturing at profit and the statement that
,he fa,lre was due TO outside speculation cohnrms
he lanuro ln " .rairs Alfred Bachelor has been
sick and think he became "a "end y do 30
+, - bcIieved that OF the heaviest croILtols
are the Thomas Z. Proctor Leather con PShy' h0S' 10y
Ur,tberS r. Zscheuscha ~ son. Malhcf OaicS o. "a "a
and Homer Brothers The firm owns its factory @ anu
r'acbincry which are estimated 70 DC worm >h usH
500 900, and also owns the Ia of nearly SI OOO-
0uO ON buildings. machinery ana st0c - - -
Bacheller the head Of the firm nves IN p2iso I house
4 = dIrector I'm the Manufacturers BANK nis no,,
ubicb IL on Commonweath-a stands In Ms %%lo %
name Francis Bachelor the junior ParInoi', ,nt,,r
at North Brookfcld and has charge OF the i,te
ing. The paper Is nearly all heiu u 0""A0
bcinC owed for merchandise.