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Show A BiMliKU Failure. New York. April 7. George K. Sis-tare Sis-tare & Sons failure is announced ou the stock exchange. Thoro is a reported defalcation iu the firm to Uie amount of J250.000. The firm is one of the most prominent ou the street. A member of the tirm says the failure was rained by a loan defalcation In the Philadelphia office. The firm announces the following as the only statement they will make before be-fore this evening: Douglass Ililgor, the manager of George K. Sistares Son Philadelphia office, is fouud short f 105.-000. 105.-000. Hilgor died Saturday. This and the Detroit defalcation of A. M Stanton for 8150,000, a few yean ago, caused the supenion. The Post says the failure is not due to a special or Immediate event, but was a cunc of dry rot. The liabilities of the firm ou the stock v-i'haugo aro very small. |