New-York tribune., 1903-07-28

sistance from powerful interests. but declined
them.
The firm Of Edwin S. Hooley & Co.. which
has been in existence since June 30. leVZ, Is
composed of Edwin S. Hooey, Frank E. Bru1nley'
who is the board member, and NORBERT helhs-
heimer. Mr. Hooley, who is still a young man.
was Office manager for the old firm OF Holston
& Bass and the retirement OF MT baSS d
few wears ago formed a partnership with w. H.
Rolston, under the style Of Rolston & Hooley.
This firm had a large share of the business OF
tba late Ex-Governor Flower, and executed
the commissions of other prominent operators
also Mr. Rolston who is son of the late k u.
Rolston for many years president OF the
Farmers Loan and Trust Company ana "a
brother Of the assignee of the house WHICH mas
lust failed withdrew about a year ago from
Rolston & Hooley and has since then operated
as a two dollar broker" making MS mead
quarters with the successor firm OF ho"lh .
Hooley & Co
It is becoming increasingly probable that ooth
Talbot J. Taylor & Co. and W. L. Stow & CO.
NAV be able to resume business Leave was
granted Yesterday afternoon by Justice
Rischoff. of the Supreme Court, to Philip j
Rritt assignee for Talbot J. Taylor & Co.. TO
file a provisional bond Of S35OOoo until the
firms schedules are filed, when the amount OF
the bond Will be fixed by the court The Value
of the securities bonds and stocks in the hanos
of the assignee is placed at $25oOOO The peu-
ton states that there is about S60OUV IN cash III
various banks. When seen later Mr. Britt SAID
that he had taken this step so that ne mlgnt Dsn
be in a position to use the assets in his posses.
sion for the best interests and preservation OF
the assigned estate. -,
..qrbis leaves the assignee in better condition
to act for the estate" he added. though he an
nounces that no sales of these securities VIII oe
made in the present low market
rs there any chance of the hrm resuIhlhs
business very soon?" was asked.
The chances are growing constantly bhight-
err" Mr. Britt answered. -,
Have you seen any OF the creditors Oh Ihe
house during the day?'
Il have talked with quite number Of them
over the telephone. ,-
reached between certain interests which nave
been antagonistic the result of which Will be
to make it easier for the firm to arrange lts
Il had not heard Of anything of the kind.
I have been too busy to hear rumors lonly
know that the situation is Frightening he an
swered.
Mr.. Britt declared that it was impossible to
say when he could have statement Of the as
sets and liabilities ready. The assignee has
twenty days within which to report, he said,
but he hoped to have a statement ready much
within that time.
James R. Keene was at the office during the
morning and appeared to be in pleasant frame
of mind. One of his associates said that Mr..
Keene was pleased because the affairs of Taylor
& Co were in better condition than had been
expected This man declared that. aside from
the amount due to Mr.. Keene. the firm did not
owe more than 100000 to unsecured creditors.
Daniel De Wolf Viewer, assignee or w. L..
Stow & Co.. said yesterday afternoon that he
hoped to be able TO have his statement ready
some time this morning.
The committee securities of the Stock En-
change rendered a decision an hour or two
after the Hooley failure that any stock in the
name of Edwin s. Hooley & Co. is good for de-
livery until August 10, if executed prior TO
July 81.