Show TELEGRAPHIC NEWS Business Failures i Toronto 15Jobn W Trace wholesale whole-sale clothing merchant bas assigned in I trust for the benefit of his creditors Assets 100000 liabilities 110 000 i Galveaon Tex 16 News Laredo special A crret sensation was caused by the announcemei t of the suspension at Monterey of tbe great firm of Zembroma S Jo one of the oldest and wealthiest houses in Northern Mexico It Is reported re-ported the liabilities are placed at 800 000 The effect of the failure on Northern North-ern Mexico can only be compared to I that of Jay J poke in the United States The house of Zambroma Co is ra > ported to be composed of Zsmbroms Gonzales Trevino and tleorge Mamiro i of Lohuta Its business outside of merchandise has extended largely into the purchase of valuable estate and include in-clude macy of the largest and finest haciendas in Mexico The immediate cause of the rfUpensism h said to be the present necessity for the payment ol two obligations amounting tu 100000 in the aggregate which could not be cached wihout seveial dtjs delay Creditors refused and the paper went to protest This produced a panic and a run was commenced at once on the bouse by smaller creditors which resulted in closing clos-ing the doore It is safe to say the suspension sus-pension will only be temporary Gold frank Franks Co Sn Antonio Teaks are said to be among the heaviest creditors Lawrence Jdass l6The ajslgnees of the Augaatiniao society bare presented tho final account at tho insolvency court Salem showing the amount received from tbe Bales ot ptsoral and real estate S 161141 Allowance 155577 balance for creditors 5 664 St Louis 16The Norton and Wier dot Glass Paint and Color Manufactur Jnjf company bas assigned Assets I 50000 liabilities not known |