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Show ANOTIIEIt I'AIlX'nK. Tho UrjMl ration rirm In the Cannlry Nufcpcnds- Ciiicaoo, Dec. 0. A special from New Orleans: A cotton house, V. and A. Meyer has suspended. Tho liabilities aro $2,300,0.",; assefj 53,-OOO.OlO. 53,-OOO.OlO. This Is the largest cotton house In tho country. They will ask for suspension and say that they will pay dollar for dollar. The financial panic, the slowness of collcitions and tho dojlino iu price of cotton are tho chief causes. The firm Is interested in many cotton and sugar plantations. It is feared tho wreck will luvolvo several other firms. Solsmon Meyer, the mauager, in New York, was recently re-cently elected to Congress. Victor Meyer Is vice-president of tho Colon National Banc. The New Tork Sloek Start!. New Yobit, Dec. C Optnirg sales were generally at fractional declines. de-clines. The suar receipts and national na-tional lead, each was off 11. Western West-ern Union were In a semi-panicky condition aud existed so during the first twenty minutes, w hen on large trantacflous, all the active stcckt vera further depressed 1 toll. A slight rally followed when the market for tho time became more quiet, but liquidation had been fairly started and everything afterward after-ward reached fractionally lower figures. Tho market throughout was narrow and the general list neglected. Seven eighths of the business was dono iu less than a dozen stocks, among which the Union Pacific, Atchison, Northern Pacific, preferred, were mt conspicuous. con-spicuous. Inter the decline was checked and tho prices began to crawl up slowly. At II o'clock the market was comparatively quiet, firm at cksa to tho lowest. |
