New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-17
,SEYUOCR BROTHERS FAILURE.
CONTRACTS OF THE FIRM TO A CONsiD-
ERABLE AMOUNT OUTSTANDING
OK THE EXCHANGE.

There vas something OF a surprise yesterday IN
connection with the failure OF Seymour Brothers
stock brokers. IN the Johnston Builning' No o.
Rroad-st.. who made an assignment on Wednesday
TO cx-Judgo Charles Donohue. ~ was inc 'N-
i.ieuce OF outstanding contracts TO CONSIDER
abb, amount on tho New-York stock EAchahse'
4 long list OF stocks was bought IN under tn'
rule" showing that the firm was short OF the
stock market. The buying In OF the stocks con-
vcyed the notion. whether correct or not th"t 'hs
firm had been "coppering its customers. or IN
other words that when - customers bought stocks
II sold the sam" stocks trusting 10 the market %
60 ln Its favor and against its customers The
stocks bought IN and soid under the rule were:
Bought-Jo Missouri PacGc. 30 iiockng NaIiey,
80 Tennessee Coat and Iron lv' faclnS ; Ha.' w
81 Paul 100 Rock Island. 100 ontario ana western,
10 Erie i' Baltimore and OHIO J" pnhpan ~,
SUGAR i% Lnseed o. % husee5i m prc s
~ Chesapeake and ohio % Denver ana fslo nrahd
Nashville % Rubber preferred - Lead preferred.
% Tobacco 20 ReadinG y Jer-cy Centra al Northern
Pacific prior lien bond.
No statement 81 the assets and liabilities OF tho
firm was furnished yesterday. but It was though
that tn. first estimate Of tenco liabilities and No"0
assets was not IA. ont OF the way
OTHER LOCAL BUSINESS Troubles.
William Purvin, who for a number OF years was
engaged IN the manufacture OF women's skirts ana
wrappers ut No 81 Walker-st, this city, as n
member OF the firm OF Puryn IL Meyers FOR twenty
years and for Il short time his individual ac-
count, died a year ago last August. His wife be-
came his executrix. Mr. Puryin In his lifetime had
good credit in the trade. and was considered re-
sponsiblo and solvent. Early this year the eX"cu-
trx filed her accounts. showing she had on mana
s. sol Against this were filed claims 10 the amount
OF $3.50, OF these claims $2Is76 was for debts al
legged 10 be due for money lent for wages. ana Tor
other confidential liabilities 10 relatives The cred
i,ors would have received only Is cents on the dol
lar Several % the merchandise creditors engaged
conn a,l 10 attack the validity OF the claims aite
"A nrntracted reference. the referee has now handed
in his report to the Kings County Surrosates
t'ourr He iisallows all Of the confidential Dents
excert about s29D and the merchandise cre'utors
Will receive. II il und"tStpod III" i"'' "''''N
Of their claims.
settlement has been effected Of 'he anairs OF
Charles Werner d Co. n"ckvear manufacturers, "a
IA To- Ircndway. Herman Joseph said yest"FuhS
tIot the creditors get thr entire STOCK anu out-
sanding accounts and that both partners are re-
leased from the liabilities and get back theiI nan
'rhe creditors give $500 toward taking up We
notes Of 81 $50 discounted by the banks. Whe MI.
Wcruer's side makes up the balance. -,...- J.,
George Ievcntrit. has been appointed receiver !"
stnnementary proceedings for Note BrotPrt.' nha,
,frrt,rers OF papor boxes, OF Nos. 70 and lul Bhhk
- Lv Instlcc Scnuchmnn. Of the city court on
t,,o appcation of George W. Downs iney h"N'
he, n In business over fifteen years. -, ,- -,
The sheriff yesterday took charge OF the ph'e oi
b1s ,ness OF COnran a. Larry. dealers IN phprr aIu
t,yr. Dt ", e., Broomo-st.. on IN execution from
Irvcl,tritt a Nathan for S2S2s. money len 10 unr
firm by Arthur II. COnran. TO whom Judgment ""'
Couft sscd