Show fArLl JRE OV OVER R THE LINE LINEA I A E Ames Co of Toronto Go Got t I FIRM OWES T TEN N MILLIONS I 4 I CANADA SHAKEN N TO RENciE 4 I Ir r Ii ORo TO Out Oot June JUn sA A E Amen AmenI T I Co one of the leading of bank banker rj and brokers In Canada sed ef the their datas tod today Their failure was due clue to heavy lit hi I securities which Jave been e extensively J Jd d t In in NW York iut aM BOston ex exI exchanges I cb changes n a as well as on the exchanges c angeS here and at tt Is stated that when market have bave be become become come and the ri es held by bythe bythe the their reach tI figures aJi tm orne JIg like their t te s Of f the Company Dr zin eiDy biU ties The sineWs In Co I and aDd their by in interested In I st pUre purchased mOnad a Which Is now mow sellI g at 1 F J field and nd othe t l L g AI s pr pres s st nt t h has do de dee dodi e di front from I wW to iS 4 1 la large bloehs by bj the An cU cli cUrt clia a rt of the e rs t arm n It decided to pia L Th The rg lIo betide i e was wasted posted ted Panic F Notice otice Owing tat to sere declIne lit Use UK securities markett mak we a hiv found It 1 to pa and weald ask u Indulgence of our friends Cora for a few until we can Jt prepare a statement or slid aRd isolde de what lis is b best St to be me dose met ed uA t E I NS lO lOOn O t On 0 this a panic pame ensued on the e stock exchange s of persons gathered la in front of tim I of the company hilP for tor ties tIeR as to the extent of f the firms lie The rho lest t state statement tent of the nay v I tags bank department ot of the firm finn showed i fi OR deposit Il Is I Impossible Imp s to toI the firms firm total liabIlities at the I present tIme owing to the extensive flue fluctuations In prices or of securities In which the company and itS chests are re heavily interested I Ead ad Large Capital It Is st stated ted on good authOrity auth rity that Mr Ames mes has put iu In tIe tite business and the other members of the firm R H Tudhope E D A E Wallace mans aggregating nearly the same sanie amount It is known that Piat one oe or of the Toronto banks bank recently advanced oo to o Ames Co in the hope that that amount would be sufficient to tide over oer I the affairs of the firm Ten million dollars is the amount or of orthe the firms lI liabilities as generally agreed upon by banke and brokers Against this amount the th com company holds securities I which in an any half normal condition of the market would be ample B E Walk Walker Or er general manager of the Canadian Bank of CommercE said taid today that al although t though h Mr Ames kept his cash account at that bank their relations had not nol I been at aU aS close chose for maRY many J mouths past itt Ii Ames cht to th habit f M less lese a qu quarter ota of a in sut t jL was cI 1 not y Q QI I The board or of u th et Coin had not iL of sowe or of Mr Ames ventures and aDd their had I therefore beep been far from Intimate |