18890306_4_failure

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18890306_4_failure - J lie liabilities are said to be about Si. -...
J lie liabilities are said to be about Si. - 000,000. Of this $i;00.000 consists of funded debt, and the baUnce. $100,000. in due to various paries, mostly for material purchased at vanous times. Th C ret H tor Notltltwl. A dispatch received from Now York say: Nkw owe. March 5. The Ufa.li no - Iron Works, which failed tody, had a paid - up capital of $1,050,000. and was rated by B 'ad street at ovsr a million dol - ars. Pancoast & Kosers are the New York aeents, but they know nothing about the failure, except that contained in the following printer circular, which has been frely distributed among the trade: Illil.ADKT.rtllA. March 4. tHW. Yon are hrt)r nolfiiotl that the Heading Iron Worka tlil day uiMinfirl further payment, and that at meetlnir of lh reditora of aaIU company will ba httlri at Hie nfltne of the oo - npanv, Nn. Ml and T2 South Klf.h atrt. on Thurnday, Maroh Hjr order ol lb. Honrd, HAM URL D. HOPKINS. Tka Work. Mllli Hmn.i.k - Whether the nrks will be closed for a lime will be determined at to morrow's meetinir. About two thonnnnd hands are employed in the various departments, and the cloains; of tbem all would be a serious blow to man, working people. A number of socket makers refuned to on to work venterdav for tbe reason that er eral Polandurs aere pat to work in that depattment.

Clipped from Reading Times06 Mar 1889, WedPage 1

Reading Times (Reading, Pennsylvania)06 Mar 1889, WedPage 1
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  • 18890306_4_failure

    email209 – 29 Dec 2013

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