The sun., 1896-09-09
BUSINESS FAILURES.
Firms In Various Places that Have Sur.
fcred from the Silver Craze.

fcred from the Silver Craze.
PHILADELPHIA. Sept s.-After occupying a
high position among tho leaders of the trade for
nearly forty years. the Lockwood Manufacturing
Company. manufacturers of patent folding
boxes. envelopes. and tags, 25l South Third
street, has made an assignment to James S.
FreeIand. the Secretary OF the company. Mr..
Frecland declined to mako any abatement be-
yond saying that 1t was time that the company
had assigned The liabilities and assets are not
yet tabuatcd.
The plant is n very substantial one. and is
finely equipped with valuable machinery. The
company is Incorporated with Sl00. 600 capital
and 1t was regarded as q close corporation. In
the past it has done very large business. but of
late collections have been dull and business has
fallen of.
Fort WAYNE. Ind. Sept. S.-The Consolidated
Street Railway OF For; Wayne thrown into
the hands of receivers to-day on motion OF the
ifesidsnt, John G. Shepherd. and Director +.
de liass Robson OF Cie,eiaud. The NJ. j. Deg
non Construction Company filed a lien OF ss5.-
600 against the property. j. II. Bass and NJ =
Robson. director and general manager. re-
spectivey. are named as receivers: The en-
pany will pay 100 cents on the dollar.
HnLLiDAlsnt no Pa. sept. S. John 4. Canaan
Suaer SUPPLIES m e IN central pennsSvana Se aha
assigned 10 NJ ii. Canaan for the benefit OF
creditors this m morning EXECUTIONS @ %r w oU9
record aggregate $4,000. The existing busi-
ness depression caused The failure.
BELLAIkE. o., Sept. S.-Thc failure of Ault &
Son. large Touring mill proprie.ors. was an
noucc-d this morning. Inability to collect out
Standing accounts is said To be the cause. IL is
estimated that the Liabilities will reach $50. 900
Buwi.lSG GREEN. o., Sept. S.-WilIiRm
Scleick. dealer in agricultural implements Mt
Perrysburg. made an assignment this morning..
The liabilities will exceed the assets by $4,000.
WINSTON y. c.. sept. 81. w. Ashley d
Sons, large plug tobacco uufacturIng firm
OF Mount Airy, have assigned, naming j. VI.
PATTERSON trustee. A mercantile firm in which
they are interested at the same place have also
failed. Assets and liabilities have not been
given.
TIoT SPRINGS. Ark. Sept. S.-The limited cor
poration OF thc William J. Little Mercantile
Company went into the hands uf n receiver yes
terday evening. under the lnsolvent lnCorpOrn-
tion act. John j. Sumpter is appointed
Ceiver. The reccivership brought about at
the instance o: creditors OF the company on ac-
count OF its inability to meet bligations.
BRIDGEPORT. Conn. SEPT. S.--The Dickerma IN
Emery Wheel and Machine Company is offering
its creditors l11s per cent IN hopes OF a settle
mrnt. The employees are back in their wages
about Nyc weeks. A suit for $500 damages was
instituted to-day by Burton j.. Rice. one OF the
workmen. He says that fraudulent mortgage
for $4,000 has been levied on tho plant in favor
Of Edward J.. Dckerman OF Chicago. n relative
OF the President OF the concern. The mortgage
was recorded in this city July II. 1890. but 1t
WAS dated June 3. 1895. The company says It
can pay its men In full ana continue business IL
its creditors accept the offer made.