The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-05-22
TRADE AND INDUSTRY.

petftion in involuntary bankruptcy has
been filed in the United States District
George F. and Percival Kroehl, trading in
New York as Henry Kroehl. The firm has
liabilities amounting to $50, zoo.
Announcement was made Thursday on
the New York Consolidated Exchange of
the suspension of S. B. Fitzgerald. Mrs.
BESSIE III. Poor, the wife of Frank B. Poor
who figured in the Marquand failure, is a
special partner in the firm. 1t was said
they would no doubt resume.
Certificates Of Incorporation were filed at
Dover. Del, Thursday, as follows: The Nc
Ailister Street-car Mail Box Company, of
baltimore to manufacture street-car mail
box: capital, 100000. The National Incorpo-
rating Company of New York city. to or
ganize companies, etc.; capital, 5000.
The Connecticut Senate has passed the
bill adding to the list of securities now per-
mitted for investment OF the savings banks
bonds Of the st. Louis Terminal Railroad
Association, the Buffalo & Susquehanna,
the Louisville & Nashville and the ST.
Louis, Iron Mountain & Southern Rail-
road
The strike of the Baltimore carpenters,
begun on May for SO day Of eight hours.
Is over. George G. Griffin, business agent
Of the district council, said to-day that
there were now only thirty men IDLE out OF
seven hundred who struck, and that the
men were working only for builders who
paid 50 for eight hours.
A further decline in pig iron prices was
announced Thursday, the loss being about
% cents per ton. This break took in all of
the grades of Northern iron and No.
foundry and No. ! soft Of the Southern
irons. The price OF $50. as fixed yesterday COM
pares with s24.25 at the opening Of April.
That the high price Of the current
year A year ago the price was $3.50.
Federal Judge Hanford, at Seattle. Wash,
on Thursday, appointed receiver for the
North American Fisheries Company, a
corporation operating extensively on Puget
sound and in the Gray's Harbor country,
In both of which localities IT maintains
made necessary by the failure Of Porter
Brothers, whose president is the heaviest
stockholder in the concern.
Judge Thompson, in the United States
Court, at Cincinnati. appointed William E.
Guthrie and William Mattock. of Zanes-
vile. as receivers Of the Eastern Tube Com
pany, Incorporated in West Virginia, with
capital stock of 100000 and with gen.
erai Offices at GAINESVILLE, O. The receivers
were asked for by the Central Iron ana
Steel Company of Pennsylvania. which
claims that the Liabilities are over SS0OOD,
and that the assets consist OF 5000 IN
bank. $4,000 In bills receivable. ana soO,-
coo in the GAINESVILLE plant, and that other
creditors join In asking for settlements
The receivers will continue the business.
San Francisco managers of Porter Bros.
are confident that the firms embarrass-
ment is only temporary. II Is said that
nearly all of the liabilities in California are
due to banks for loans which are fully Sc
cured. A comparatively small sum is owing
to growers, and they also are well protect
ed 1t is hoped that a settlement may be
made and business resumed next week.
Among the assets of the firm are included
contracts for growing crops amounting TO
between 81, 100000 and s3,oo0.0o0. On these
contracts considerable money has been adj
vanced and the inability 10 realize funds
for pressing demands Is given as the chief
cause of the firms troubles.