The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-03-05
WERTHEIM NOT HEARD FROM.
HE TOLD HIS TlIE THAT lie WAS
GOING OUT OF TOWN ON BUSINESS.

-
The Paper Pulp spcculstor'- L.iahnities are
Hair n Nj lion and Were Acquired Before
He Had Acquired Americas Citizensh,p.
The whereabouts OF Siegfried Wertheim,
Importer OF paper stock and sulphite pulp In
the Ne,o York Times building. who made an
assignment on Wednesday. Is still undis-
covered. Creditors have been unable to find
| him. and Mr.. c. Fl. Williams. the assignee.
will give no Information regarding him. At
the { flcs 1t Is said that he has not been there
eince Tuesday. and that he has gone out Of
town. Creditors have come to the conclusion
that he has gone to Europe.
man who knew him intimately said that he
had left a beautiful young wife. to whom he
had been married only two years. in ignorance
OF his whereabouts. and that she had gone to
her fathers house for tho present. and was
utterly Frustrated. He married. in January.
1901. Blanche. the youngest daughter Of
Solomon d. Ulmann OF 81 West Thirty ninth
street. senior partner in tho wealthy plate
glass importing lrm. Semoa Bache & Co. and
1t is reported that she brought him S6O.OOO as
q marriage portion. The suppos.tion was.
this friend said. that Werthelm had gone, to
man thought that Wall street losses had pre-
cir,itated the failure
firms through which he specialized. One Of
this FIRM said. yesterday:
Don I lay ms laiiure 10 W All street. lOr tine
him.. He bought up the whole croI, of India
iutc hutts, earring the stun on margin. The
parcr makers would not bay FROM him. and
losses on It caused tho failure"
Rolli Brothers. corner OF Water street and
Old slip. made large advances TO him on lutte
butts. They said yesterday that tho amount
was loss than 100000. and that they were Sc
Heideibach. Tckolheimer x Co. OF % William
street. said they had advanced Wertheim less
than SoO.O0oo OH paper stock. pulp. rays. &c.
"a MI n - n "a ~, tl a nply ,.ny Ia ysu .l,r,,yn Ant
they made the advances. They did not know
where Wertheinl had gonc:
In the trade 1t Is said that he was n heavy
purchaser Of rags last year during the cholera
scare expecting a large advance which did
A member OF the trade said yesterday that
Hmor Ts1."i insi,tu' 'n'iSro t lis came me h S,esS SIX *
years ago scarcely, able to. speak English, Is
not even u citizen. although he is said to have
declared his intentions eighteen months ago.
he fniled.
The trade begin to look uron the failure as a
bad one. The assignee expects 20 have a
rough statement OF TIE assets and liabilities
mate OF $500. 900 liabilities is accepted as
about correct although some Of the creditors
think The amount may reach SiOO.oOU. 1t is
currently r%enortcd TINT Wcrtheim owes a large
amount coniitentially for money borrowed
and endorseme nts of friends. 1t is said lie Oh.
tanned notes rom customers for stock to ar
rive and that they, are not only likely to lose
the goods but will also have to take care OF
the notes.
Mrs Wertheim did go to hec fathers house
aitor her husbands departure. but has since
second street; Tn Tuesday night Wertheim
told her that he was going out OF town on bus
mess. She has not heard from him since.
Her relatives are among her husbands credit