Thank you for visiting SNEWPapers!
Sign up free
Alexandria Gazette
Alexandria, Alexandria County, District Of Columbia
What is this article about?
The Breslau firm Schiller & Co. failed with debts of 600,000 thalers ($3,200,000 f.). Chief M. Schiller attempted suicide in Dresden by cutting his arm veins, found alive but in critical condition. He lost heavily on railroad shares, including 1 million thalers from Cracow incorporation, leaving only 100,000 thalers for creditors.
Clipping
OCR Quality
Full Text
We have already mentioned the failure of the house of Schiller & Co. of Breslau, for a sum of 600,000 thalers, ($3,200,000 f.) We now learn from Dresden that M. Schiller, the chief of the house, attempted a few days ago to commit suicide in a bath in that city, by opening the veins of his arms. He was found alive and removed to an hospital, but in such a state of exhaustion that little hope was entertained of his recovery. M. Schiller had a fortune of half a million of thalers (two millions of francs) from his father, which by long industry he had tripled, but latterly he had speculated extensively in railroad shares and other securities, and lost so much that the amount to be divided among the creditors of the house is estimated at only 100,000 thalers, (400,000 f.) M. Schiller is said to have lost one million of thalers (four millions of francs) by the incorporation of Cracow; the shares of the Cracow railroad, of which he was a large holder, having fallen 30 per cent.—Galignani's Messenger.
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Foreign News Details
Primary Location
Breslau
Event Date
A Few Days Ago
Key Persons
Outcome
failure for 600,000 thalers; suicide attempt, little hope of recovery; creditors to receive 100,000 thalers; lost one million thalers on cracow railroad shares which fell 30 per cent.
Event Details
House of Schiller & Co. failed. M. Schiller attempted suicide in Dresden bath by opening arm veins, found alive but exhausted and hospitalized with little hope of recovery. Inherited half million thalers, tripled it through industry, but lost extensively on railroad shares and securities, including one million thalers from Cracow incorporation.