Show GRAIN BROKERS FAIL Were Victims of the Corner in Corn Cornat Cornat Cornat at Chicago last May Hay Minneapolis Ind 1111 Oct 5 J Q Adams Co Go of oC this city who have haye conducted one of the largest grain re receiving receiving receiving and exporting houses In the northwest under the name pame of ot the St StPaul StPaul StPaul Paul Kansas pity ity Grain company have made an assignment to Fred V Vandusen and P B Smith The as assignees assignees signe s are not prepared to state the amount of o the liabilities or the value of the assets of or th the comp company ny The com corn company company pany pony owns or controls control seventy country elevators The Th J Q Adams company proper is 10 capitalized at and the He HeSt St Paul Kansas City ity Grain Gram com corn company company pany at The assignment Is Js made in the name of the St Paul Kansas City Grain company com pan The assignees a will continue the business It Is 18 stated the failure IB in indue due to loss accrued last spring In the theMay theMay May corn The company compa had a large amount amounts of orn rom stored at Duluth which was as I hedged at t Chicago When rhen the price of o corn soared ed at Chicago the com corn company pany being to deliver the corn cornat cornat orn at Duluth on the Chicago Chiago Chi ago contracts was forced to sell it at a lower price than the option was then selling for Cor forin CorIn forin in order to prevent further fur er losses lossos at I Chicago thereby losing l heavily heally |