Show BELFORD CLARK CO This Big Publishing House of Cheap Books Forced to the Wall CnicvGO Sept 2The mammoth publishing pub-lishing house of Belford Clark Co which has a large establishment hero and branches in New York and San Faancisco went to the wail today This afternoon judgment was entered against them in the circuit court in favor of the First National bank and S A Max well Attachments were issued but shortly after the place was seized bj the sheriff a receiver was appointed by Judge Shepard The failure while a surprise to the geueral public has been expected sometime some-time by those familiar with the firms standing Lawyer Newman attorney for creditors and also lor the receiver said three things were responsible for the failure InlifoG the entire plant was destroyed by fire causing a loss of over one hundred and fifty thousand dollars The firm promptly resumed business but during tho last two years has suffered heavily yer ha sufered very hcviy by the failure of customers The collapse I of one firm in San Francisco alone lost I I them about seventy thousand dollars In addition to this competition between I eastern and western publishers particularly cularly of standard works has been so brisk that tho market has been almost de stroj cd Newman said in his opinion the assets of the company amount to about four hundred thousand dollars and liabilities liabili-ties about the same Tho principal creditors cre-ditors are The Crowe printing company of over one hundred and fitty thousand dollars 1 Donohuo Henneberry o First atonal bank of Chicago WOOOO andS and-S A Maxwell 15000 Besides these there arc heavy creditors in New York and San I Francisco Another lawyer in discussing the causes of the failure said Andrew McNalljof Rand McNally Co who is Belfords father In law had been backing the firm for some time and that his refusal to endorse en-dorse tho firms paper prompted the First National bank to enter up judgment The attorney thought that i Mr McNally hnd not discontinued his support the firm might have pulled through Thomas C Hammond a member of the firm of Walker Oakley Co leather merchant is the receiver His bond is 100 000 Prior to the appointment of the receiver Donohue A Henneberrj who are the largest re itonfi a hiV in which it is stated that the broken corporations tons capital was S 00 000 of which only sSOOjOOO had been paid in The nominal assets as-sets according to this bill amount to less i than two hundred thousand dollars while the indebtedness will exceed four hundred thousand dollars |