| Show THE WILL STREET CRISH how low a few or r itic tie keople stanl stand la to the starlit larket nw york nov 11 it is stated tonight to night that Wol Wo kotta cotts liabilities will not amount probably to more than and the assets are ample amole the firm 23 so old one the failure is due to the failure of clients to respond to calls for margins mar ping and to the difficulty caltoft of obtaining money from the ban baneg a the assignee of 0 M whitney co said catl this evening that the firm owes about on loans the securities on which aich were deemed when the loans were mere made mad e the considerable eum sum in cash to come in within the next jew few days will go tar far toward straightening oat out matters matter 13 the question estion of whether the firm wi will 11 vanestion bo be an able ae to resume depends upon the tate state of he the market the next few days and the value of the securities pledged the assignee asai grea of decker dacker howell co b hai as a large force of clerks making up a statement of the firms condition but its transactions daily were BO so enormous enor mou that it will take some time to arrive at a clear understand standing anding Gt of the assets and liabilities the assignee said this evening that a large amount of the securities turned over to him wore were extremely g col I 1 ate tal part the villard blocks stocks vastly above the temporary price made by this abnormal market IE it the creditors use good j and do not act hastily they will not only be paid in fall but wl will I 1 leave a good surplus for the abe estate |
