New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-11-16
MR. WIZARDS FRIENDS TO HIS RESCUE.
AN ANSWER TO THE TALK CONCERNING HIS AB'
sENop-ro START FOR NEw.YoRK

6ENCD-TO START FOR NEW'YOhk
IMMEDIATELY.
There wore no new developments in the ansirs OF
tho North American Company but the emcacy Oh the
support given by the organization Of the crcotos was
reflected in the conduct Of the so-caiied Vnara
stocks In the midst Of the Stock Exchange WHIT.
While suffering from the Storm the prices were NOS
slaughtered ns those of other securities werc The
question Of Hsnfy Wizards relation 20 the failure Cd
Dccker Howell Co.. and the inability Of the North
American Company to help the firm through It's DIM
culties has boen much discussed In Wall street. some
Of the criticisms that have been passed have at lss
aroused his friends to his defence. Tile outcome
was statement yesterday given ont by william Mel
son Cromwell, tho assignee OF Decker, Howell d Co.,
as follows: -,
aspeakng as Mr.. Wizards counsel, 1 feel at hb-
erty to state that Mr. Willard will be the ocean for
New-Yor within the next few days; his passage is
engaged for the Goth inst. Mr. Willard will come to
dive the situation his personal attention. Mr.. VII
lard cables me that he and all his friends have the
fullest confidence In his properties and are not ser
ousy disturbed by the present general depression OF
the markets Of the world.
awhile mentioning the fact Of Mr.. Wizards return
II may be well to refer to the idle talk concerning his
absence. Mr.. Willard left here in July last for phys
recuperaton made necessary BY absorbing devotion
to his official duties in connection with these prop
critics for the preceding two years. Because Of the
death Of his and the sickness OF his eldest daughter
he went for rest Of six months year, especially
as his interests in Germany were as large as In
America and could be served by him while there.
His daughters illness has become serious that he
is personally attending her at private hospital In
Germany, away from Berlin. At that remote place
he has, however rendered his friends in New-York
most substantial aid during the recent troubles. re
% TMe ds o cash rnd he even Sa h
csbled large sum- but when was received the stua
sufficient use Mr. Willard Is not of course personally
| involved by the failure Of Decker, Howell d Co."
PRESIDENT. MARVEL COULD NOT BELIEVE 1T.
Chicago, Nov. Is speciaD. the attention OF
President Allen Maxwell Of the Atchison road which
is backed financially by Barring Bros, was called to
the report of the failure Of that firm he said IL have
not received any advice Of the failure Of Barring Bros
and do not believe that such reports are true On
the contrary have every reason to believe that they
| are not true. Here dispatches have just re-
| ceved from Boston and New.York They describe the
financial situaton both in tic East and in London. as
very much improved this morning. and in face OF them
think that the reports Of tn, failure you have received
are nothing but idle rumor flying around, that have
| no foundation to rest upon"
"should the reports Of the failure prove to be true
what would be the effect on the Atchison system "
al have not considered that question and with the
information Of the real situation do not thinI
events, without con sheraton would not care to ex
press any opinion on the subject Ihe Atchson
. aRS T ee sSs
for 1t to DO 80. As It Is. do not think any sucl
necessity exists i think you will find that there Il
! no truth whatever in the reports
LARGE SALES AT THE PRODUCE EXCHANGE.
The news that Barring Brothers were embarrassed