London, Jan, 20.
After a brief hearing in the Bankrupted Court to-day, when the Chartered Bank of India, on behalf of itself and. five other important {indian banks, applied for the appoint ment of a temporary receiver to administer the affairs of Strauss & Ca, which has offices in Holland House, Bury Street, London, Messrs. Deloitte, Plender & Grimth "were appointed News of the financial difficulties Jot the firm, which conducts a lar business in India, caused great excite ment in Borhbay'and Karachi, where the seed and grain markets were closed.
The news also had a demoralizing effect on the Baltic Exchange, where trading has been very quiet since Seturday, when the first rumourt The difficulties of the firm have already been marked by tragedy.
'A. verdict of "sulelde while temporarily insane" was returned at the inquest in Bombay to-day on Mr. Whitehouse—Reuter. reference books, it is understood that the Chairman of Strauss & Ca. is Mr. E. A. Lessing, OBE, Liberal MP. Abingdon, 1923-24, and a nephew Mr. BA. Strauss, Liberal MP. for North Southwark 1 National Liberal Strauss, with his brother, succeeded to his father's business.
Text read from the printed page and cleaned; old type leaves the occasional error.