New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-08-21
LOCiL BUSINESS COMPLICATIONS.
r. G. DREYFt'S & BRO. CLOSE THEIR STORE. ANE
CREDITORS ARE TRYING TO FIND
TIE FIRMS GOODS.

CREDITORS ARE TRflHG IL FIND
THE FIRMS GOODS
T. G. Dreyfus & Bro. jobbers In cigars. novelties.
notions etc. at No. 20 Lispenard-s:., did not open
their store for business yesterday. Tie news
quickly spread through the trade. and large num-
Der OF creditors soon on the spot trying 10
learn what the matter. Everything OF value
had been removed from the store on THURSDAY. the
last load going away at dusk. and only the coun-
ters fixtures desks and few boxes on the shelves
remain. The firm had done large business, aver
aging $4,000 a month, and had paid for purchases
satisfactorily up TO a few months ago, since which
time 1t had been reported slow in payments The
partners Theophle c. Dreyfus and Gustave {.
Dreyfus The former. who was once d clerk N
New-Orleans. started the business in this ciiy IN
lSs, as jo5ber In cigars, In connection WIN nov
elites. not IONS watches. etc lie pushed II eStea-
as a partner. They obtained business largely
through advertising circulars. and used various
Novelty Company, European Novelty ana 7 lsar
G3mpany soon sde og anv maprs 1 nave been
made regarding them OF late, ana they explained
h by saying mat hG OF n naI for their
Sc hemes. Bradstreet's took away the nrns ratihS
in June lat st. a5no spa Of H oyer The rm
mad statemsnt on Juy Gsing @ eonstSi
Of merchandise on hand in store warehouse ana
transit. st32 Jo accounts rsceiyable ;osofD; casn:
thev were in better shape than ever and that they
did not owe their bank dollar in any shape ana
key received two executions against inc arm, i4r
1896 and went TO the store but would not bIeak III
unless the judgment creditors gave bond Ep-
stein Bros and Davis 4 Kaufman received claims
from some of the creditors. and were busy during
the day trying TO locate the goods. II was reporter
that some OF the goods had been shipped 10 Phlm-
dclphia and 10 Lancaster. Penn. ana a creditor
went 10 the latter city 10 try 10 ma the goous
there. ,..,.
The place OF business Of Julius Schwetzer' CLOAK
manufacturer at No. c. Greene-st. was closed
Yesterday The stock was removed on THURSDAY
and he Is said TO have given bill or sale 10 auC-
tioneers Several inquiries we're made AT the sner-
ms Office regarding the affair yesterday. ana soma
Of the creditors placed their claims in the hands
OF Arthur Furber and Herman Joseph for collec-
tion Mr. Schweitzers inventory OF January last
showed business assets OF 5000 and Liabilities OF
sis 40 and he owned considerable real estate.
Vincent Loeser assignee OF Paul III. Nimar grain
exporter at No 81 New-st.. has obtained leave 10
Ale a provisional bond of 5000 as he cannot com
nste he schedules in thirty days. The assets con-
sist Of cash eco fixtures $3.50; estimated pront on
outstanding contracts. 5000, claims IN attorneys
hands for collection 1909; total 500 Inc ia,
Utilities are rot stated. but are currently reported
10 be about $50 go. The main part OF the assets
consists OF outstanding contracts made ny MIN lot
the purchase of grain deliverable in August ana
Judgment for $3.50 entered Yesterday against
Herman H. Iingebach liquor-dealer. OF NO. -vss
SECONDARY in favor OF the Colonial Brewery, on
n chattel mortgage which he assumed ana execu-
lion was issued 10 the sheriff.