Show mr rail FAIL FOR I 1 allege they wee ocic hit by the chi icaco cago bank collapse the first effect of the falcuto of 0 tit national dank bank of illinois upon UDO local uns as experienced in this city yesterday ahon co the commission and stuck stock brokers doime boint busm business cs in the union block closed their hjorois the management of the film 11 explaining the collapse volunteered the information that tile irin here vas a the salt lake lak 1 I r C pont lent of WIT I 1 lam bootie boone co orca of h s ch a and nd that the leitter having fumich in the iho big chicago failure hail had it tin im possibly to close up n ith their correspondents spon dents at all events Is the chust construction rUction put on oil tile the collapse col lipse of the local house by T 11 II phillips u ho bo has been Us its management in ili tile the a number of nt local plungers are ard caught although phillips assured them all that tile hie company would it II ouli lato and resume active business as soon ILI ai a settlement is procured front from boone boond co tho the firm lias has been hit very hard during the past few beeks ecks but attributes the collapse entirely to the inability of the chicago house to 10 liquidate the liabilities fire estimated at nearly while the management says the ability of the firm to discharge e them is dependent altogether on its ability to recover from the chicago house the company nied filed at aill cles of incorporation on october joth lat last in chich tile the capital stock ts is fixed at divided into shares of the par value of each the consist of E J phillips T 11 phillips P J strank strang A 11 doty and 11 0 Tt Tn tomey |