The Springdale news., 1913-08-29

 ONE OF VICTIMS
FIRM GETS SEVEN CABS OF PEACHES WITHOUT PAYING FOR THEM.

Chicago, Aug. 21-Peters Bros Of this city. who have been operat- ing heavily in the southwestern peach deal, are in controversy over several carloads of peaches which they bought at various points and which the shippers who sold the cars say have not been paid for A number of shippers were here this week trying to adjust matters.
 Herman Peters, who is head of the concern, claimed to The Packer man this week that the quality was not up to representations, but shippers say they were told that the quality was all right but that Peters simply did not have the peach market went eff and it is thought that the stock didn't bring sufficient to pay first cost.
 according to shippers claims, cars at Spripgdale, Ark. the same number Of cars at Fayetteville. Ark, the Mulberry Horticultural Assn at Mulberry claims money due them on one car and the same applies 70 growers at Decatur. Gentry and Alma, Ark, as well as some shipp- ers i'll Oklahoma \ party was ] here from St. Louis this week try ing to effect settlems Tt cn [ ear Of eueumbers sold Peters some weeks ago.
 August Pete.s Of the concern, 1t is reported wa5 on the ground at Fayett vile, and is said to have personal inspected five of the lseven cars bought there and ae- eeptt them. According to the statements made concerning the Fayetteville deals Peters bought one car at $136 f 0 b; l car at s130 to s1 3213. another at s1.- I3212, at s135; at Springdale Iears are reported to have been bought at s1 50. 3 cars at s1.40. l car of No. 2s at soc; car from Mulberry at $1 bushel.
 Peters Bros. have offered Springdale and Fayetteville a set clement of only 75c a bushel. which according to the figures given out as the purchase price, is not much more than half what was original ly agreed to. Represe entatives from these two places are here this week but after going into the cireum- stances they accepted Peters offer. although up to date The Packer man understood that the money had not been turned over.
 The shippers say they asked Pet ers Bros why settl ment was not made on the original offer and lelaim he declared he simply did nc. have the money al Spring. dale They say pe CTS had agreed to wire .he mon down there be- fore the cars moved. but that this was Hot done and the cars we're rolling before i sHipners found they could not get their money; that they were then unab e to lo- Ieate the cars to attash them on ar rival Some of the cars were di- verted east
 Peters Bros had trouble on their last years peach deal in which they became involved with E B. Ball and others in a mix up amount ing to several thousand dollars. They paid off part of this to the shippers who consigned the fruit here which had an influence on the concerns finances Then the an- nouncement was made that the concern had taken in partner with new capital and they made a big campaign for several hundre q cars of peaches this summer, offer ing to buy them In some instance es they deposited guarantees at they agreed to wire the money when the ears were loaded, 1t is said A deal of such magnitude necessarily would require lots of capital. Had the concern been ah- le to sell the cars at a profit they should have been in position to pay the purchase price out of the money that came from the peach deals, but it is plain to be seen that if the paeehes could not be sold at a profit then the shippers, if they were to be paid in full. in accordance with the purchase price. would have to receive the money. in part at least. out of the work ing capital of the Peters concern.