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, MEMBER OF N. Y BROKERAGE FIRM KILLS HIMSELF J. A. Wasserman Is Found in His Bathtub With a Bullet in His Brain; Company Collapses. New York, Nov. 14.-The financial affairs of the stock brokerage firm of Wassermann Brothers collapsed dramatically today after the head of the firm, Jesse A Wassermann had committed suicide in his uptown home, Shortly before last midnight a maid found Wassermann lying partly submerged in his bath tub with a bullet in his brain and a revolver nearby. He had left several letters, among them one to his wife in Germany, from whom he had been separated, bidding her good-bye and saying he "could see no other ending." A few hours later he died. At noon today the failure of Wassermann Brothers was announced from the rostrum of the New York Stock exchange. Shortly thereafter co-partners in the concern, fearing a run of creditors. accepted without protest the ap pointment of a receiver in an involuntary petition in bankruptcy, filed in federal court by a client to whom the firm owed $42,000. Unsecured liabilities were estimated at $750,000 with availaole credits of about $500,000 with which to meet outstanding claims. The firm of Wassermann Brothers was the development of a brokerage and banking firm founded years ago by Edward Wassermann, and was one of the best known in financial Manhattan.