GRAIN COMPANY OUT OF O BUSINESS MANITOWOC Wis May Ma Ia 29 Oen Gen General eral ral Manager C C. W W. Esplin of ot tho Northern North ern era Grain company stated today that his bis company will quit business Unauthorized speculation and mismanagement ement resulting in losses were ere given Ii as I causes for the closing It i if is reported that the company lost upwards of ot on tho the Chicago bica o board through operations of ot an anc c employee six flix ix months ago The company operates two lar largo large o elevators ole ele vator here herc having in a capacity of ot over oer 3 bushels It also owns elevators in Illinois Iowa Wisconsin and Minno Minno- sofa lola Until recently J J. J G G- Martin of this eft city Wits president but ho he was wag succeed succeed- sd pd d a month ago O by bv E. E McCormick of ot Seattle S Wash ash with Mr Ir EplIn as manager er The closing of or tho the el elevators will wil iJ probably be bo temporary as nil the property i Is 11 too valuable to remain n idle long Jong but buttie the tie Trill company not b ba b. r d. Or aniz l. l