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THE FAILURE OF B. K. JAMISON & CO. PROBABLY WORSE THAN AT FIRST REPORTEDA COUNTRY BANKING HOUSE FORCED TO SUSPEND. Philadelphia, Nov. 29.-The failure of B. K. Jamison & Co. divided the attention of the Street to-day with the startling publication of John R. Baker, jr.'s, gigantic forgeries. The general opinion seems to be that the failure of Jamison & Co. will be worse than was at first reported. The firm are said to have been large borrowers lately, and several financial institutions of this city are thought to have been heavily hit by their suspension. The failure has had no appreciable effect on the local stock market, stocks to-day having been dull, but steady. Assignee Thompson said this afternoon: "It is utterly impossible for me® at this time to give an approximate estimate of the firm's liabilities and assets. We have only started on the first details of the work, and It will be several days before any statement can be made." The liabilities of the firm are variously estimated on the Street at from $500,000 to $1,500,000, but such estimates are the merest guesswork. Ebensburg, Penn., Nov. 29.-Johnston, Buck & Co., bankers, of this place, closed their doors this morning, their failure being one of the results of that of B. K. Jamison & Co., who were Johnston, Buck & Co.'s correspondents. Their statement has not yet been made public, but they expect to be able to pay all depositors in full, the first payment of 25 per cent to be made on January 1, 1891, and 25 per cent every following three months until it is paid. They had about $45,000 in other banks, $40,000 of which was in B. K. Jamison's. Their entire loss therefore is $40,000, and business men of this place, who are depositors, say that they have every confidence that their money will be paid in full. The heaviest loser is County Treasurer Howe, who had a deposit of $20,000. State Treasurer Boyer to-day entered two suits in the Common Pleas Court against B. K. Jamison & Co., upon a bond for $100,000, dated last June, to secure the payment of the State's money, which the firm are said to have had in their possession. In an affidavit filed with the bond, Mr. Boyer avers that the amount due on the bond filed in the action, and the judgment thereon, is $25,000, that being the amount at this time on deposit with Jamison & Co., to secure the payment of which the bond was given. The suits are entered against B. K. Jamison, W. M. Steward, J. Henry Kershaw, Philip F. Kelly and A. G. Plamer. trading as the firm of B. K. Jamison & Co., to hold them responsible for the debt as contracted by the firm, and also against the same parties individually.