Show IS ALLIS CHALMERS CO IN A RECEIVERS RECEIVER'S HANDS A report PO ls Is In circulation lon tO today ay that a a. r receiver celver has lias s be been n app appointed fo for fo the Allis Chalmers company of Milwaukee manu man manufacturer maniA of ot machinery and engines The company ha has has' offices here In the Dooly block The Salt Lake City manager FEI F. F E. E Marcy saidI said e I I. I have h heard the report i on t the streets an and presume It is correct ne though though-no gh no di di t tee ci w word td h has c come me Ti Th The tt tie up tip In th the telegraph business prevents event communication tion with the main offices Ev Even n If a receiver Has been named I Ido Ido Ido do not think that the action can be r regarded regarded re- re as In any sense Indicating a fall fail fail- ure The company compan is capitalized capitalized- at 3 35 and I am confident It is amply able to discharge any obligations It may have to face You will recall that even the great Union Pacific Railroad company company com corn pany went into a receivers receiver's han hands s' s a few years ears ago For FoT some time our stock has been slumping In the last six months however how how- ever aver I have understood that gratifying profits have been made I am unable to give an any statement of assets and There is no danger that the office here will be closed or tho the business interrupted Inter inter- The Allis Chalmers company has haa been in existence several years and represents a combination of three or four concerns It has maintained an office In Salt Lake City nearly twenty years The company Is one of ot the most extensive manufacturers ers eis of or engines electrical apparatus and sawmill and mining machinery in the According to Mr Marcy I Its Us plants have a capacity of w worth rth of goods goods' a month I |