The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-12-14
ASSIGNMENTS ALL AROUND.
An Elevator Company FaiIs-Rumors
About Trow Co., Printers.

MISNEAPoLis, Dec. ia dispatch from
Luverne, Minn., to the Tribune says that
the Iowa, Minnesota and Dakota Elevator
Company, operating warehouses on the
Burlington, Cedar Rapids & Northern
railroad, has assigned. Liabilities, $780,
600; assets, unknown. John Butler,
banker of Ellsworth, was manager of the
company. Two days ago special trains
were run on the Burlington road and all
the grain taken from the elevators to
Chicago and disposed of. The Metropolis
tan and German-American banks of Min
neapolis are said to be losers. The ele-
vator company's accounts in the Rock
County bank, at Luverne, are all right A
few Luverne merchants are involved for
small amounts.
New YORK, Dec. BIT was reported in
financial circles today that the Trow Print
ing and Publishing Company had asked
an extension of four months on some of its
paper bearing the endorsement of III. K
Thurber, which was readily granted by the
banks holding it. The amount could not
be definitely learned, but it is supposed TO
be over $l25,000
The president of one of the banks said
he was sorry the matter had become pub
lie, for he considered the company per-
fectly solvent. All the notes discounted,
he said, have Thurber's Endorsement, and
the bank is not worried, because Thurher's
statement of assets foots up between
$3,000000 and $4,000, 900. The officers of
the Trow company could not be seen this
evening, but from other sources it was
learned that the company does very ex-
tensive business. The total assets are con-
siderably over 81 ,000, 900, which greatly ex-
ceeds the liabilities, and the opinion is ex-
pressed that there will be no trouble after
the first of the years collections. Mr..
Thurber declined to talk on the matter.
CINCINNATI, Dec. 13.-Application was
made this afternoon for the appointment
of receiver for the large dry goods house
of Bell. Miller & Co, and for dissolution of
the partnership. The petition alleges that
the firm is insolvent. The estimated
liabilities are $685., 900; assets, $3.50, 0,000
GAINESVILLE, Tenn, Dec. 13.-Peach hers
mills have failed. Liabilities, $s5, 900; as
sets about the same.
CREsToS, Ia, Dec. 13.-The failure of the
Farmers bank at Fontanelle, Ia, yester-
day, caused great excitement, many mer-
chants and farmers being depositors. 1t is
reported that the liabilities are 5000; as
sets, $25,000.
CHICAGO, Dec. 13.-The Morrison & Allen
Paint Company was today closed by the
sheriff on confessions Of Judgment aggre-
eating over $4,000 The firms liabilities
are placed at $4,000. The assets are in ex-
cess of that amount.
BALTIMORE, Dec. 13.-At a meeting of
the creditors Of the Gambrill Manufactur-
ing Company, which failed yesterday for
$500, 900, it was shown that the firm will
be forced to sell at so cents on the dollar.
The amount realized will pay every dollar
of the Indebtedness.
BosToN, Dec. BAT a meeting of the
creditors of Whitten, Burdett e. Young
today the assignee made statements show
iny liabilities of 81 or, 600, with preferences
of $99, 600, and assets of 81, ,e92,000.
The creditors of the defunct woolen firm
Of William Bloom e. Co. have appointed
William Bowman assignee.
PITTsBURG, Dec. 13.-An execution for
$4,000 was today issued against the Pitts
burg Lumber Company. The trouble grew
out of dispute among the partners, and
hence an application for the appointment
of a receiver.
PHILADELPHIA, Dec. 13. - Frank H.
Webb, of Webb & Lee, manufacturing
machinists, against whom an execution
was yesterday entered upon on Judgment
on a note for $4,000, said late last night
that the hrm would probably make an as
signinent today. There is no statement Of
assets or liabilities. The firm claim a capi-
tai of 10000. The business of the irm
was to export hardware, hardwood, wood
enware and machinery TO all parts of the