The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-14
CLAFLTN RECEIVERS
SALE A Big SUCCESS
Over 1000 Buyers Represent
inc stores in All Parts
of the Country.
CREDITORS MEET JULY 25
No statement Of Assets and Liza
hilitics to Be Issued
Until Then.
CREDITORS MEET JULY ?:

rNc -or,Ivers sale at the n. n. Claflin
ro,,rary's store Yesterday was pro-
,oprced his success. Though nominally
under the direction Of the receivers. such
sale It IL said is always held In July
,sorh wear to dispose OF the unsold goods
4, the season. The sale yesterday. how
,,sr included many lots OF goods that
ave boon allowed In recent years TO ac-
rumulate IN the store.
Accordingly the receivers we're hopeful
las, night that they would realize unex-
perted money on goods that have been on
hand for some time. In addition to an
annual sale Of glnghams. muslins. prints
Ard trademark goods. Il was a general
cleanup bargain day.
BUYERS from all over the country took
Advantage of the opportunity. From the
orer,-c " the doors In the morning until
IN. closing shortly before S o'clock buyers
we're on hand and In the course OF the
day. il is said. between 1000 and 1900
,refsors bought goods for stores scattered
in every state in the Union and Cuba and
por,o REQ besides.
The prices as Is always the rule. were
shsded fractionally under the prices for
the same goods at the factories. The old
goods. however, were cut even more. Rep
resen,atives of the big stores were on
hand. Abraham & Straus of Brooklyn an
rounced IN the afternoon that they had
bought largely of the best OF the II Il.
Clafln stock and within a few days will
offer the biggest line OF merchandise ever
paced al retail. The stock which that
rrm bought includes upholsterings, carpets,
kait underwear, wash goods. dress goods.
white goods. linens and wearing apparel
REPRESENTATIVES of the following firms
were ~ the store: Slegel-Coopcr & Co.
OF Chicago. Jordan, Marsh & II. II
White Il Co.. Boston. Burton Dry Goods
Company and Leon Fellman & Co, New
Tex ". e. Stripping Il Co OF Fort
Worth. Tex. and John Wanamaker OF
N,w York and Philadelphia.
John G. Games. vice-president OF the
Claim company, said that the sale moi
only had been a big success, but that II
had been attended by more persons thar
any sale IN the history of the company
H. sad il was hard TO estimate the total
amount OF goods sold. and the receivers
dd not give out any figures.
Gould & Willde. attorneys for the
Calm company, announced that the reg
uar meeting OF the directors of the com.
psny on dividend matters had been post
poned Under ordinary circumstances II
would have been held to-day.
Arrangements were completed yesterday
for the holding of the creditors meet
Ing iu the Park Avenue Hotel on july
IS at 80 In the morning. The meeting
OF the creditors of the Defender Manufac
turin. Company will be held at oclcol
on the afternoon Of the same day.
By that time. IL is expected the report
o.! tho accountants concerning the Claiii
company and tho various retail stores
th.ou-hou; the country will have beer
completed. II will be read to the credi-
to.s and it is likely that the receivers
VII suggest plans of procedure for tn
future II was said cmphatically yester
dsv mat no statement concerning the as
sets and liabilities of the failed company
would be made prior to that time.