Ai.iiANx.N. Y., Dec. m ' he failure J.^It. Sheffield A Sons, of SaugertlcS. one of^the oldest and la-st known pa|s r maiiiifac-^luring concerns in the country, has been^announced. K.arly last week the pa|*-r^mills ol Sheffield A Sons, the envelop,^mills of .1.1 Preble .V Co. and the bindery^of the Saugeitics Hlauk Hook company,^were nil closed. 'These three concerns lire
theBMxia aappuet of tba town. TbellaMII-
tiesof Sheffield A Sous are about f_\iiui.i^^l.^No approdiuale idea can be obtained as to^theasaeta. Koiir other large concerns an^involved, J. I. Preble A' Co , of New York^Dan'l Sloat A Co., of New York, the Sail^partial blank Hook Manufacturing com^nanv. and the Saugerlies and Wabash^Mnnufacluriiig MMVi ^' Chicago.
The firms manufactured paaaf, blank
bisiksmid paataraJ aaxttoaary, As to tin^aaaaa of tin- fadara, n is staled Mat it
dueto mismanagement al the mills ami in^i In manufacturing part of the concern. It^i* difficult at present to give the assets. Ih^MM they consist of mills, machinery and
realestate apcM wkiok n ladikVaU tuptaa
avalue off hand. The failure is a heavy^one. It is hinted sevi ml utkot firms an- in^volved. which in.iv baoSpMaad to go down^in the crash.
OMAmi, Dec. a.' The Wabash Pa|^er^Maiiiitacturmg company, of this city, is
duplyinterested in tin failan ol J. G^Preble A Co. and J. II. Shi (field A Son.^ShetlieUI A Preble are both Inrgi^slocUhold.es ill the Wabash com^paay, and Hie affairs of tin^three concerns are lo MMM thai^It is mi]..-Sibil- lo li-ll just what effect Hu^east, rn collapse will have on the west. In^OOMpMjT. should the w^rsl reports from^New York prove true. President Wlutford,^of the Wabash company, h fl for the east^to day lo lata silent, Ihc cause ol the fall^ures. 'The capital stock ot the Wasbash^company is xf 1 lo.dnfl.
ARTHURO'NEILL DEAD.
