New-York tribune., 1915-03-24
pRYGooDs AND TEXTILE NOTES

The Hargadine- McKittrick Company
aent n circular TO the trade announc,
ing n sale Of it's merchandise, ana VIII
wind nm it's business in 81. Louis. IL
says In ~art:
"Gentlemen: This company Tor varl-
ous reasons has decided to li1uIdate
it's business. To accomplish tAls most
eypeditiously and economically we
have contracted to sell the entire stock
of merchandise and the good VIII oil
the business to the Ely e. Walker Dry
Goods Company, of this city, ~ pr'ee
satis factory TO all concerned. for case,
TO be paid as soon as inventory can DC
/ completed. .,
"Tbe balance sheet of December 81,
1914 n, ,pared under the supervision
of Messrs. Price, Waterhouse g. Co..
chartered accountants, shows assets OF
annroximately 81 100000 in excess OF
all liabilities, besides which the com,
pany owns substantially all the capltal
stock of the Railway Exchange build
ing Company.
"The affairs Of the company have
been placed in the hands of liquldat-
ing committee, composed OF Robert NC
Kittrick Jones, now chairman OF the
board of directors of this company; r..
C.. Simmons, chairman OF the Doard OF
directors Of the Simmons Hardware
Company. and George NJ. Wright, VINO
represents large amount OF the com
pany's stock. The notes and accounts
receivable of the company VIII be col
lected through the Ely & Walker Dry
Goods Company.
at is believed that n substantial
dividend will be paid to the creditors
as soon as the payment CT the mer-
chandise is made, and that the re-
mainder of the company's Indebtedness
will be paid in full from the correction
of outstandings within a short time.
Financial institutions of st. Louis
who are creditors for the amounts set
opposite their respective names be-
lieve that the course taken is for the
best interests of all the creditors: Me-
chanics' National American Bank, un-
secured, sl57,500, by Walker Hill, pres
ident; Mercantile Trust Company, un-
secured. $4,000, by Festus j. Wade,
president: st. Louis ion Bank, un-
secured. Sl57,500, secured, s9S,95O, by
n. A. Mcmillan, president; National
Bank of Commerce, st. Louis, unse-
cured, Sl57,5OO, by w. b. Cowen, vice.
president"
A rev novelty for the hair that is
being shown TO the trade is comb in
the form of small guns and S ords.
Whether or not these limitations OF
warning implements will meet with
success is matter for the ladies'
theL. Ives TO decide. Several buyers
that have seen the combs are of the
opinion that they will not be worn TO
any extent They claim that this IS
another sty.e that is being overdone
and casts too many reflections on the
present war.
There is a rumor in the trade that
another ready-tO- market will open
in the neighborhood of Fourteenth
Street and Sixth venue. Manufacture
ers who have heard the rumor think
the wholesale wearing apparel market
will be located in the old fourteenth
Street Store, but nobody could be found
that would -onfrm this report. Looks
as if quite few statesmen will have to
turn to other sources for livelihood
if the markets" will continue TO open.
The Munzer Company resident buy
ers. of 1861 Broadway, who represent
several out-of-town department stores,
report that all their accounts are doing
a record business on ladies' outer gar
ments. 1t is expected that many buy
ers will be in the local Office in few