| OCR Text |
Show i The Vienna .Money Market. I New York, 18. TheOennan mails bring some particulars of tho recent failures at Vienna. The; well known banking houseof Brandeis & Wcrkcr-sheim, Wcrkcr-sheim, suspended in the early purl of June, witli a liability of six million florins. The cause of this failure was liberal advances to Turkish, Egyptian and other railways in process of construction. con-struction. The firm olfered to pay fifty per cent. ca.sh, which was not accepted, and the creditors consented to delay twenty days for another oiler. A defalcation of one hundred thousand thou-sand florins in the Credit Anstadt of Vienna has caused a temporary depression de-pression on the Bourse. j |
