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BUSINESS AND FINANCE. A Great Sugar Refluery Firm Fails, Alexander & Teussig, sugar refiners, of Chicago, who did business of about one million a year, failed vesterday morning, in consequence of the decline in the prices of sugar. Their failure caused Taussig & Hammerschlag, of New York to make an assignment. The liabilities of the latter firm are estimated at $235,000. At a meeting of the creditors of Hersey, Whittier & Wyman, tanners, in Boston, Friday, the firm's liabilities were stated at $634,575; assets, $420,325. A statement of Hersey & Co., showed liabilities of $212,000 assetts, $107,000.-Batchford & Co.'s liabilities are placed at $142,328 ; essetts, 43,500. The Leavenworth national bank, of Leavenworth, Kansas, has been authorized to begin business with a capital of $100,000.-The reorganization of the first national bank of Indianapolis was completed on Tuesday night, its capital stock being increased to $800,000, paid in. W. H. English was elected president-The City national bank of Lawrenceburg, Ind., will go into voluntary liquidation.-The supreme court at Boston Friday author ized the receivers of the barnstable saving bank to declare a final dividend of 12 per cent., making 82 per cent. in all. The bank failed in May, 1878. The second national bank of Warren, Ohio suspended last evening. K. M. Fitch, its cashier, is reported to be a defaulter for over $70,000.
