Show John F Plnmmer Co Fall NEW YORK March 19 The dry goods trade was startled today by the failure oi John F Plummer Co They made a general assignment for the benefit of creditors credi-tors to their cashier Jonah P Murphy Plummer also made an individual assignment assign-ment Murphy says the assignment Is principally due to the depreciation in the value of the goods the firm has been carrying for some time Creditors by tnit ing can possibly make the suspension only temporary Murphy says the liabilities are about one million dollars of which 630000 is for borrowed money and the balance bal-ance due to manufacturers and for trusi money deposited with the firm by relatives and friends The assets are nominally a little larger than the liabilities and consist of stock outstanding accounts and valuable valua-ble real estate owned by Plummer The trade attributes the failure to overad vances chiefly on satinet accounts and complications arising from the old firm ot Stoner Darling whose business Plum men took Plummer was active in Republican Repub-lican politics but it is claimed that this did not interfere with his business Ho is a personal friend of President Harrison and took a leading part in the last Presidential Presi-dential campaign in the dry goods trade |