Show commercial DISASTERS NEW ronit FAIL rob boxt A 31 MILLION ILLION ANU AND A they speculated lo in grain to their sorrow tho the potter ell E SEE TOil reatea toil at S NEW YOUR sept kept athe irm firm 0 of sawyer callaco Wal laco co exporters I 1 in a bred stu effs and cotton ind and dealers in lout loat tobacco created a big surprise jn in business circles today to day by making art an assignment to marshall ayers tho the firm viere vero estimated to bo be worth between ia n million und and a quarter and a million and a halt dollars above all liabilities they avero prompt in fix paying lor for local purchases purchaser and promptly also whon when called upon to margin thor contracts A short abort time ago aeo miller rundo a statement t to the effect that the firm were morth mor moro this Sl their liabilities were merely nominal and that iliac they did a busl ivess only when the abo of 0 00 fallero was ninde today to day a rumor gained circulation to ilia effect that uio elio farni were speculating largely of oc late in cotton and the market went again tt thorn them it vas mas also said that the alrin bad been speculating in grain brain and lost loht heavily it Is believed that tho the firm have pretty well protected their interests in this country ir Y and their thrle chief losses imes which they think muy may reach vi III be in london and mainly on their pork dealings A statement of liabilities and assets will bo be as soon ai possible A house on wall street fay tho the cause canso of f tho the failure was tho the result of efforts mad boado 0 by the alria to squash competition in the commis commission slon buI nesi by doing commission busl business ivess eulth FoTo speculators with without 0 U I 1 margin mariln end and ith small it li I 1 estimated that tho the sum total of the iho nominal it sets will reach the brie has undoubtedly immense holdings of dao la in tho the various products in which they ther daiil deal both in the export and import way it will ill however take lake time to on these holdings |