Waterbury Democrat., 1900-12-29
CRASH Al LONDON
Twelve Firms Go Down Because
 One Suspended.
LORD DUFFERIN AFFLICTED.

He Was Chairman of the London and
 Globe Corporation, Which Was the
 First Company to Suspend-Nas
 Just About to Start, in Company
 With Lady Dutferin, for South -Atri-
 ca--His Son, Lord Frederick, Was
 Wounded in Mondays Battle.
 London. Dec 29.-The suspension of the London and Globe Finance corpoT- atiOn has been followed to-day by the Hammering on the stock exchange of twelve firms, as follows: Haggard' Hale & piXley Garle x Driver. Doug lass, Jr, &c Co, Cornfoot Brothers, F. A. Cohen. Blockey x Buckinbharn, Gum &l Aubrey, Richards X Sloper. Baker X Smith. F. c. Watts x Co. Flower x Co and F. Boully & Co. The hr>t named is q big firm with important connections. It is feared l number ol small iobbers will be affected.
 While the difficulties of the firms closely connected with the London and Globe division were largely discount ed. the repeated fali of the hammer this morning caused q great sensatlon. It is feared the full list of failures ;S not yet known.
 According to dispatch received from London. the financial papers there announced this morning that some trouble was disclosed on the stock exchange yesterday in the West Australian market, resulting ill q con- siderable fall in the shares of the Lon don and Glove Finance corporation. limited, and Le Roi Mining company, limited. Seven firms had checks re- turned by the clearing house
 This. the dispatch adds. does not i'm ply failure. however, as it is thought that the usual period of grace allowed will enable the firms to meet their enga gementS.
 Almost the whole interest on the stock exchange to-day centered ill the West Australian market. the condition of which Sympatheticaly affected fEC others All the shares of the London and Globe group toppled, especially Lake Views and Le Roi No :. 1Ee shares of the latter Were yesterday quoted at 23, but to-day they are un- saleable at 1. The London and Globe is also heavily involved in the British Columbian market. The situation k not yet cleared up. as the rumOfS of arrangements to assist the London ana Globe are not credited in well in
  dignation against Whitaker Wrignt, who is the fountain-head of the con cern. and others of the London and Globe group. There has been some what of recovery in Lake Views since yesterday evening.
 The chairman of the London and Globe Finance corporation. limited. Is the Marquis of Dufferin and Ava. the former governor general of Canada. The failure of the concern of which hA is the head adds one more sorrow to the closing chapter of his life. for he Is to-day preparing to start for South Af- rica. in company with Lady Dufferln. in conseouence of the serious condition of his son. Lord Frederick Temple BlacIlwood. the lieutenant in the Ninth I-ancers, who was wounded Monday at G1enfOntein.
 Lord Dufferin's fellow directors are Whitaker Wright, who is well known in connection with many compaHies: Lieutenant General the Hon Somerset J. Cough Calthorpe. who has been col onel-in-chief Of the Fifth DragoOn Guards since 1892, and Lord Peihan1- Clinton. master of the queens house hold and q son of the former Duke of Newcastle. Lord Dunerin holds o.U shares of the London and Globe and c0.000 British Americas.
 It is scarcely q year since Lord Dufferin lost his eldest son. the Eari of Ava. who died at Ladysmith. He is now encOmpassed by family grief and his hOnored name is dragged in the financial mire.