Deseret Evening News | 1901-06-29 | Page 1 | The Marquand Failure

lIB As ts Yet Vet Yeto No Statement of at Assets and ant Liabilities H Given 1 Unto Jim Now New York Juno expert ac no accountant countant Is U at work today on al the lie books booles of ot Hen Co Ce for tor the tine pur ul hose ot or limiting finding out Iut the lie extent of ot their and mussels et Frank Sullivan Smith the receiver mild that in II all al probability no schedule could he be hI tiled filed ll or em uny any statement made for tur several days dRYs yet yot Mr Ir Smith declined to muke an run estl esti elU ste 1110 of o the tho assetS anti and liabilities of or the time firm saying al ln that he lie was wn riot not yet et In ito a n position to do so 10 When Shien asked ulet In regard 10 to a report to t the IlK effect that the lie 1111 would reach rach eight million nih dollars he II tf wild said Ild that hat ho lie did nut not believe leleo they would come anywhere near neur such a u fig ng figure figuro uro ure ureThe The creditors are protected by h the th he hebest best kind of ot securities said Mr h Smith The Tue he of oC the Irma firm on throw accounts time ale nIl much better beter than I 1 expected They The could coul all al lie be e realIzed realised on iii 11 without lots los tomorrow should the creditors so BO osIre 1011 Will Whit Wi the tho lie firm be able obie to pity pay ll dollar for tor dollar Mr Smith was asked I cannot say Ray was waa wie tho lie reply r ph While imie the th securItIes of oC the he firma firm ore Ste I do nut know lioI how hl the time firms account with Ih nt the he stock llma stands tand We WI have ae not riot conic como t to ti that yet yot u