The Portland daily press., 1893-08-03

Chicago, ILL.,, August "A receiver
has been appointed for the Denme and
Dierkes Furniture Company, one Of the
most extensive manufacturers and deal
ers in the West The firms assets are
| $40O, 900, and their stated liabilities, $780,
| 0O0 The failure is attributed to financial
depression and suspension of bank
credits.
Wholesale Druggists Assign.
Helena, Mont, August 2.-P. NJ. Par
chen of Parchen & Co., wholesale drug
gists, made an assignment yesterday.
Their liabilities are $247, 200 but no
| schedule of their assets has been filed.
st. Paul Gets Its First Shock.
| st. Paul, Min, August 2.-The Seven
Corners Bank with 100000 capital
stock assigned yesterday. It is the first
bank failure in ST. Paul in more than a
year. 1t is not believed to be serious.
| Another Chicago Failure.
Chicago. ILL.,, August I'D. Eggleston
& Co., one Of the biggest carrying
| brokers on the board of trade, has failed.
Denver Concern Carried Under.
/ Denver, Col, August 2.-The Denver
| Safe Deposit & Trust Company assigned
last evening. The firms assets are $40,-
| 600 and their liabilities 100000. East
| ern creditors caused the assignment by
pushing the concern.
| Minneapolis NIil1ers Assign.
Minneapolis, Mimi. August Crook
er, Fiske & Co., millers, assigned yester-
| day. Their assets and liabilities run
about $4,000
| More Chicago Failures
| Chicago ILL.,, August 2.-The failure of
George G. Parker and of T. M. Gregg
has been announced on the board.
Parker did large business. Gregg's s
| failure is a small one.
The North American Provision Com
pany assigned this morning. Their as
sets are scheduled at $500,000 and their
liabilities not estimated. The failure is
one result of yesterdays board of trade
troubles,
Adam Smith & Co., wholesale liquor
dealers, assigned today. Their assets
are S150,000 and their liabilities, $685.
| 000
| Agricultural Works Shut Down.
Massilon, O., August 2.-Russell &
Co.'S agricultural and engine works,
| employing 800 men will close for an in
l
count of the uncertainty concerning the
business future.
| Heavy Liabilities
San Francisco, Cal, August 2.-W.
Freeze & Co., general importers, have
filed a petition in insolvency. Their
liabilities are SD, 900 assets 100000.
| National Bank Failure.
| Boise City, Idaho, August 2.-First
| National Bank of Nampa failed yester-
day. No statement of it's assets and
liabilities has been made.
Largest Brass Works in the Country Close.
! Elyria, Ohio, August 2.-The Lorain
Manufacturing Company assigned yes
| terday. 1t is estimated that their
liabilities are $1O5,0O0 and their assets
/ 1892, 500. The company had the largest
brass works in the country and employed
about 600 men.
Cutting Down the Force.
Hartford, Conn.,, August Fifty
| three employees in the car repair shops of
| the New York, New Hampshire & Hart
ford Railroad Company of this city were
discharged today. The men were car
penters, joiners and painters and earned
from so to $3.50 day.
| Pottery Company Suspends,
Steubenville, Ohio, August 2.-The
suspension of the Toronto Pottery Com
pany was announced today assets 100000,
liabilities nearly the same.
Affecting Railroad Traffic.
| New Haven, Conn.,, Aug. 2.-The con-
| solidated road has begun to be affected
by the general business depression.
| During the past week freight traffic has
| decreased more than 10 per cent. Passen-
ger traffic has fallen off considerably.
| The road has laid off seven work trains.
One gang of freight trainmen was dis
missed from the Shore Line division YES
terday. 1t is said here eighty men were
discharged at Hartford shops yesterday.
New York Failures.
New York, Aug. "A receiver has
been appointed for Amasa Lyon & Co.,
manufacturers of umbrellas of this city.
Sulzbacher, Gitteman and Wedells, i'm
porters of woolens, assigned today.
Liabilities 1920, 900, assets nominally the
same.
The Potter Publishing Company
Boston, August 2.-The investigation
committee of the creditors of the Potter
Publishing Company today reported liza
bilities S40,535; assets S23,516 John
Wood, an old employe of the firm, of
fered to take the assets and pay 20 per
cent cash OF 80 per cent in 6, - and IS
months without interest. The commit
tee was instructed to accept the offer if
a better one was not received in six
days.
Partial Shut Down at Lawrence.
Lawrence, Mass, August 2.-The
directors of Washington mills today de
cided to partially shut down next week.