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Show THE FINANCIAL DISASTERS. Kean's Amlenee onVrt no Cents on the the Dollar Oilier lallnreii. Chicago, Jan. 3. Anthony Mayer, representing the creditors of S. A. Keao, receiving a surprising oiler from the, assignees as-signees of the insolvent banking firm. The otrer was that the creditors bo paid thirty-five cents iu cash by February Jst, and fifteen cents later, making the settlement, set-tlement, aside from the secured claims, 50 cents on the dollar, this on condition that Mayer agreed to drop all legal proceedings. He will accept the oiler, although he cannot say anything about the criminal proceedings, as he has no interest in them. j Foreclosure, and Kecelvership. Chicago, Jan. 3. The coming number num-ber of the Railway Age will contain a review of the foreclosures and receiverships re-ceiverships for 1890. During tho year there was sold under foreclosures twenty-nine roads, aggregating 3825 miles, and about $182,500,000 of funded debt and capital stock. Twenty-six railways went into tho hands of receivers. re-ceivers. They embrace nearly threo thousand miles of line, and over $100,-000,000 $100,-000,000 iu securities. Into Insolvency. Worcester, Mass., Jan. 3. The Worcester steel works was petitioned petit-ioned into insolvency today by the Shoe and Leather bank of Boston on a promissory note of $5000, endorsed by George M. Rice, president of the company. The second petition is against George M. Rice personally. Maker, of Marhlnery. New York, Jan. 3. Hawtho me and Finn, manufacturers of machinery and steam fitting, assigned today without preferences. A Lnmher Dealer Too. . - New York, Jan. 3 John M. Reamer wholesale lumber dealer, assigned today. |