New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-25
ANOTHER DRY-GOoDs HOUSE G OES UNDER
ROSS CAMPBELL & co., COMM ssIoN MERCHANTS
MAKE AN ASSIGNMENT.

Another failure in the wholesale dry goods TRACE
was announced yesterday that Of the old established
house Of Ross Campbell Co.. dry-good' commission
merchants at No. OF Church =. The partners
William H. Bayne. Bushrod Il. Bayne, OF New-iofh'
and Mrs Eliza Jane Campbell, Of Baltimore, made
a general assignment yesterday to william H. Iacr'
giving a preference for ~ 800. The business was
started about half century ago, In Baltimore ana the
New York house has been in existence about twenty
five years. The firm known a Campbell Magec
a. Co. until 1860. when the name was chahTed |"
Ross Campbell & Co. BradstrcctS reports state that
Ross Campbell who was the capitalist Of the hrm died
in baltimore. March 3. 1876. w. ii. Bayne ana
Charles ~ Roche continued the Baltimore business Oh
the old firm under the style Of Ross Campbell ~ co..
with Mrs Eliza J. Campbell widow OF Ross oampDcl'
a. special partner for $4,000 and f. W. ana W. II.
Taller took the New York business. The firm OF
Roes Campbell a CO. aftcrward made New YORK It's
hcadquartcrs and discontinued the Baltimore branch
on December 81. Is-7. Charles VI. Roche and George
: Campbell Withdrawing that date. IL was sara
that the expenses Of running the two houses III Ne"
York and Baltimore were large for the profits on
January l. 171s. a new copartnership was formen oy
Mrs Eliza j. Campbell. As a general partner WIN
" H. Baync her s)nin-law. and u. Il. Iiayne. Inc
capal Of The firm was said to be about 10000 COM
po,cd of the accounts receivable Of the Old hrm al
vance, on goods and stock in the Aamlngo ana row
haitian mills. Of which the firm were agents
In the trade the liabilities reported to be about
Sl.5OOO, with nominal assets oi dJout ll' S'''D
amount The failure IS attributed 10 numoer 81
circumstances. bad debts. bad business ana ihaD'"y
to raise money. Heretofore the firm made con
siderable sngic.namc paper but owing Ia the tghcs'
If the money market and indspoeon Of the banks 10
take snglc-namc paper freely the firm found IL nara
Ia sell ito notes. ". II. Iaync Is partner WIN llcu
crck b. Crawford IN the Aramingo Ml.ls company
mot incorporalcdl manufacturing cotton ana Wooneh
goods IN Philadelphia. They leased the mills, when
belong t. the Ross Campbell estate. Messrs BaShc
and Crawford being sons-in-aw Of Ross Campbell
w. H. Haync is also president Of the PoTlatian Manu-
baltimore and roWhattan, Nd. Th!s COMPANY WI
Incorporated December 10, l--6. with capl'ti slvA
of 81, 900. of which $4,000 vas s@ii AL ne tn' 10
he .sucd 10 the estate ~ Ross Campbell co. l'r mo
mills. . A., ,.-. ..oe
The Nc,.r~. Eayuc were popular IN the drF goods
trade and have %" sympathy ~ lh'lF ,NullvlN
ND-, Can nhc q CO. were. mp 20 JanuiiN l. ut hh'i ,
for Joseph T. MarphN. Manufacture 81 'olt'h ti.u
woncn good. Al Philadelphia. Who failed lr "'VVp'
and offer, 10 compromise al 40 cents on ne noiiW ~
II, twelve eighteen and twenty f'ur months. " IL.
T,vnc aid at the ilmc Of Nr. Murp'rs iillHT thtt
Inc firm OF Ross Campbell" Go. Wcrc not an. yea bl IL
~ all Trad g,- 70 says that the Moss. baine iF-
tcd rgo 900 ne -uruc" for the benefit ~ the nfi'
and that Mr., Eliza J. 'aWpncu has OILY Aiv III
tcrest II. the estate oi her husband