New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-08
A MERCHANT ENDS HIS LIFE.
ur KILLS HIMSELF IN A LIQUOR STORE.
rurir1RM OF WHICH HE WAS MEMBER FAILS
SOON AFTER THE SUICIDE.

SOON AFTER THE SUICIDE.
Julus H. Stitch, the senior partner in the firm
=. St;ch Brothers, wholesale dealers in hats at
A.. II and 10 East Fourth-st., committed sui
IA. Yesterday in the liquor store Of Carl Cor
III, at No. 104 Third-ave. Business troubles
..r..d him to end his life. few hours after
~ death the announcement was made that the
erm had failed.
In,ius Stitch entered the liquor store. where he
"a. A stranger, about 10 80 a. M. spoke gruf1ly
- one of The barkeepers, drank glass of liquor
"a went into the toilet room Presently shot
80 heard, and the body of the merchant was
,.,nd living on the floor of the room. lie had shot
t,rslf in the temple and mad killed himself III
.,.nNy. In his pockets were papers which showed
-. he was There was also check for $75
sA,Sll.75 in cash.
I,formation of the suicide sent to the
.asee Of Stitch Brothers, in Fourth-st brother
AZ the dead man was in the liquor store at NO.
iol Third-ave. at l p. m. when Deputy coroner
Weston went there to make an investigation
The name of that brother was said to be Samaei
each lie told DIR. Weston that julius doubtless
hsd committed suicide account of business
troubles Julius had become involved, ne salu'
and was about to make an assignment with large
liabilities. julius might have had all the money
he needed II lie Hdu dShcu ioi ~ VhV oAO'"N] S'>'
hnt ne had been too proud to ask MIR. Stich lived
AZ No. $50 Lexington-ave, and had vile ana
four children. He ifty-iive years old, and
hod been in the hat trade for a number Of years.
Nr Stitch was at his place Of business as usual
y.sterday morning it WAS said, but seemed TO be
!, low spirits and complained of feeling I'll. He
lift his office before 0 a. NJ. saying that ne
wss going to his home. DR.. Weston gave per-
init for the removal of Stichs body to the home
Of his family In Lexington ave. II was sald last
evening that Stitch had been prominent In He
brew society in this city. He was governor OF
the B'nai Birth Benevolent Organization
Edward Stitch, as surviving partner OF the Drm.
confessed to fourteen judgments in the after
noon acgregating 81, 2,66s, 10 the following cred
itors: Menlel Brothers, $3,o40; s. Rawitser
a. Co.. S3,Ol7; Lena Menzesheimer. S2@o4; Ed
ward Monash, $2.Ol7; Lewis NJ Hornthal' SUI )
Deuzer Goodnart n Co.. 81 .5l7; Baird u Levi
sl.5l7; A. Levy & Co., Sl,5l6; John D. Arohi
Sl.2l7; Levi DE Wolf, 1898; Leo Schiesinser'
Sl.oi7: William Hyamns 4 Co.. Sl,ol' Lew
Wechsler & Co., $751;. and Nathan New'iei,
S;l7. All tho pigments we've for borrowed
money. Of which over Sll,OO had been hor-
rowed on March 2, and A. The Sheriff tooK
charge of the store la,6 IN the day.
The firm consisted of Julius II. Stitch ana
Edward Stitch They succeeded Stitch " Brom-
berg in January, 1876, WHOM. 1t was said' theS
had a capital OF 100000. Several years ago
they gave accommodation paper TO Levy Brothers
Co.. wholesale clothiers. and when that irh'
failed Stitch Brothers were preferred for S4''-
900. Considerable uneasinesS was felt al 'ha'
time. but Stitch Brothers made arrangements wi'h
the banks and their largest creditors dnd car
rled on their business. The members OF tne
6rm made mary friends in the trade for 81 Sc,
ersI wears. il was said, they had made little
iheadwsy in the business. ,h.
iiorwits x HershneId are the attorneys Tor @ ,ns
,udgm,.ut creditors. Mr.. Herslheio saio yes-
,ssssssy: Roth Julius and Edward Stlch were NJ
~ orice sll day Monday going over tl,eI az.
counts. Their affairs have not been prosperous
of iate, and they had been borrowing money IRON, from
friends and exchanging checks>right along. Inc!
found that they were unable to meet their oOiisa
tions comm; duc, and they consulted VIII. US 10
eec what TO do in the matter. ihcy IeiC ''ic
situation very kecnly and the disgrace ol
failure which they knew must come III Wae
their first failure after long business carer.
Julius Stitch appeared very much depressed wriie ie
at this Office and continually walked the noor
and wrrng his hands. To-day ! received cie,
phone messace that he was dead. His inanciai
troubles. no doubt were the cause Of his death
The liabilities will probably amount - s!'y,-
600 and nominal assets about the same In stocK'
outstanding accounts. fixtures, etc.