A Detroit Firm Embarrassed

Detroit, Mich. , April 2. - The corporation doing a retail dry goods business at 177 to 181 Woodward avenue under the name of Metcalf Bros. & Co , is flnancially embarrassed. They filed a chattel mortgage for 875,000 on their stock Monday morning, to secure the People's Savings bank for money loaned at various times. The baekwardness of the spring has prevented the flrm realizing on their stock as speedily as was expected ; and they hope that by means of Jthe mortgage to pull through all right. The firm of Mefccalf Bros. & Co. was incorporated in October, 1885 with a capital stock of $250,000, divided into 10,000 shares, of which 8ö per cent. of the stock, or 215,000, was paid in.