The morning call., 1890-12-25
FINANCE And BUSINESS.
Attachments Against the Southern Califor-
MIA Packing Company.

MEMPHIS Tenn.) Dec. 24.-Eight attach
ments have been filed by local merchants
against the Southern California Packing
Company of Los Angeles. Cal. The mer-
chants had bought quantities of canned
goods OF the local agents, to be delivered as
called for. One week ago Call was made
for the goods. and the packing CO mpany re-
fused to ship at the agreed price, and &C
cordingly suits were filed for damages, and
money in he hands Of local agents was gar
nsheed.
THE LEAD TRUST.
NEW YORK. Dec. "a -President Thomp-
son of the Lead Trust, on the report that a
dividend of per cent Will be declared in
February. said: Nothing has been done in
the matter. / can authoritativey state as a
fact that the Trustees will fully carry out
the programme inaugurated last year of
making full and complete statements of its
condition at the annual meeting. which will
be held the first Wednesday in February"
SILVER AND GOLD.
A steady seller of silver is quoted as say
ing: at is a dead sure thing there will be
no silver legislation and it is question in
my mind whether the present law will not
be repealed"
London specials say Holland has made a
large demand for gold from the Bank of En-
gland. Germany also continues to withdraw
gold.
A LONDON FIRM EMBARRASSED.
A private dispatch from London states
that the resources of Pixley & Abel preclude
loss to creditors. This is interpreted in
financial circles here to mean that the firm
is embarrassed. They were large dealers
in bullion.
BUSINESS WOUND UP.
SAVANNAH (Ga.), Dec. 24.-The Savannah
Fire and Marine Insurance Company wound
up affairs to-day. The company was or
ganiZed in 1887 with cash capital of $780,
600. Threatened adverse legislation was
the pri ncipal cause of closing up business.
CLOSED BY THE SHERIFF.
CHICAGO, Dec. 24.-The store of Charles
r. Lynch, extensive retail boot and shoe
dealer, was closed by the Sheriff this morn
ing on confession of judgments amounting
to over $21, 900.
THE KEAN FAILURE.
According to the testimony of Kean Of the
suspended banking firm Of Kean & Co. the
assets have been lowered $1,000 more. In
his testimony to-day Kean acknowledged nc
allowance had been made for $1,000 paid to
ID. III. Tolman on the day of the failure, or
for 5000 declared forfeited by the autnori-
ties of West Superior. Wis, upon his failure
to purchase certain bonds of that town, which
he endeavOred 10 do.
Miss Higgins, Kean's Private Secretary,
testified that she had seen tie partnership
papers drawn up between Kean and Wilson
and Waddingham, and that they were signed
by Waddingham. This is considered al i'm
pOrtant development for the depositors, as
Waddinghom is wealthy man.
After recess Miss Higgins resumed the
witness chair. She said she had searched
for the Wadngham agreement but was I'M
able to find it. The attorney asked her if
she had ever placed her name on a note for
Kean. She replied she, had once. Kean
asked her to do so, explaining that there
was some law providing that bank could
not loan more than so much on one name and
that her name was acceptable. "Were you
good for the note?'' asked the attorney. ~
don't think was very rich at the time" she
said. During the session Attorney Meyer
asked Kean if he was aware OF the fact th,t
Rev. John 0. Foster and Rev. Lewis Curtis
were given tip as to the condition of
affairs two days before the bank failure,
with the result that they drew out their de-
posts. Kean answered that he did not
know such to be the case. Mayer, however,
will secure and serve subpcnas ON the
reverend gentlemen to appear in court and
testify.