New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-21

,r,Is statement was furnished to the financial
agencies and loans were secured. 1t WAS iearheu
from "A Trustworthy yesterday That TWO weeks
g, tbe January statement was reiterated and on tho
strength OF it money secured. The sums DOT
row,d In the last two weeks is said will reach up
into the thousands and that the paper the brm mas
issued recently i, not worth dollar.
John H. BurAhalter inclined to be reuceh1
about the statement when inquiries were MADE CON
corning IT, lie said the statement showing that
the firm was $4,000 ahead was issued III January
but he did no: Know any 'hng ABOUT issuing 1t as'n
two week, ago. II might have been Issued wilhou,
NV knOwledgc,7 he said. / am Only the seher"i
manager OF the company -,
4 creditor said that Charles IL. Bnrkhalcr had Dor
lowcd money nom him th, week. rcprt -hig ,ia'
they were doing large and prosperous business
amounting to 7-o0o,o gar ' h h r"' If over
-:yOlj 900 IL was also currently reported That the
firm had borrowed over 100000 this week from TWO
Creditors hid lively time Yesterday afternoon
getting out wnts Of rcplevin TO recover goods WIFI
n s Vent to the store With creditors to pick out
9s goods MHe r GsPie' The w ahar repevns
were in favor Of James r. smith 4 CO.. 800: James
II. stout Co, SilP AdoPn o Wus, go Co. s3s7
The creditors aegc fraud in their wrts 81 rnple'in'
creditor said ys'Gdy n%r did H not reach each II oo6
900 there might be something left Tor the unsecured
Tb Senior member Of the firm. who, IT was said at
tbe store was the only one who could gave an uei
~ tho condition Of the company was hol ~ w sloc
Yesterday His last visit was made ther' on NeuHes
aoy lie is sufernsf rom lnilamm9tory rheumsti,l
lhc Junior member OF the lrm said ana ,he l"'l ,,
Snd Completely prostmtcd HIM; He was IN the ely
, t nirbt Nth friends but Mr. Burkhalter refused
,n o, In what part Of the dty he was declaring t'nt
IL ,hvsician had advised absolute quiet. a..
"' tarrbcr the as,i-re' who l. president OF tne
,.imc National Bank. OF which both members OF inc
,,rs,rt grocery firm diI"ctQiS. says thht the.'
nnt "nv toindatou fpr The report, that thcrc ~
- r macmillan about the failure. lie saws that he
- The 6pinon that 1t could not have he N aVo dcl
- not he inference that the members OF the urn
a a attcmpted 10 swindlc anybody Is wthou any
fomndaton and most unjust: - 90 not kt nov,
VIZ t, osrrcd that no unicrhani work has been At
mntad There /, much coll lateral a. security mere
and II will help TO cover the llablhues.
''''" What Kind OF collatcralf' he was asked
mat I cant say. | inst make tho general Sta'r%
,ort ,hot thers is lots of il here. Will be able
NV ,i,.c mare information in day or two. VIII get
eor7 figures ready judge that tie assets are about
Zoo ON What the T. hit - are ! do not Know.
hono IN satisfy all creditors. however,. The hrm
,, roccntiv undertook increase its business lis
T,rcn Of statesmen was increased. and It's stock was
,,,rr.d rs hu,no.s ] an toll. IN rcaS u ~. 90
month lint collections were very slow. The Illness
~ Charles Burllhaltcr. ma the inability TO collect
mich needed money, the causes As understand H.
of the failure"