Salt Lake Herald | 1892-02-11 | Page 1 | Failure of Philip Bruns Announced

Failure of Philip Brans Announced I NEW YORK Feb 10The failure of I Philip Bruns member of the stock exchange Phip I change since 1809 was announced this j morning His liabilities amount to about 5400000 all to personal friends who are not I desirous of pressing claims but publication I of the schedules of Wmto Co showing Bruns is a debtor to tnat firm for about 5100000 caused the president of the stock exchange to request him to announce his I suspension This he did to day It is understood his assets aside from his stock exchange seat are simply nominal The liabilities referred to are all of long standing stand-ing and bo has no outstanding contracts