| Show SHOt SHOE CO COA COA A 8 BAD f FAILURE IL Rt The Firms Assets Shrink Thousand Dollars In a Few Months DEBTS INCREASE IN IM SAME TIME Total Stock Sold Soil for or Iy Ir t tSin Sin Started rIi TIle Mock tok ot of the tho r Newman Shoe bo corn com iii IRy y wa ft J aoi ld tn Mr tr 11 I iti y by th the Utah Crl Credit lt Ien aeO 11 euton for Cor or IU Its debt dabU are ore saul said all 10 amount to Lo This TiIs an rOlt came as I a celd shuck Ihk to 10 Ih the tha In Halt gaIt Lake Laka a as al well Hell wel as al to 10 tho r the pattern t creditor The t total IbM tl value alue ot of tIe the stock Ilok 1 u Im understood to 10 have havo been less ks tuRn than J 1000 0 and nd no criticism Is Ie offered on 01 Ih the Kl Irl o obtained since Ince It I was Wa 1 1011 II than would b have e been hid I 11 lit i business b ben en continued unit und Ui hr n HS in IR 11 cold with wih the attendant ex x In enes tl o of if rent etc NC tC The Thi shock to tu th the ire ired IM He lies hies In tn the tat fact fat that t t this the h N NI inan had be n imp Ull to b he II t orth at nt leant G and rot t tn n I 0 more than 0 to 9 Ill In II fut fat linn gave II IV V u H h nt ot otI It I Its I on I March 1 last K to 10 tho Iho trade that It II Its stock on IU oi hind IHS lB wurth worth t aIO no that It luul huI IULI over ovit OVI OO In lii II good gool 01 u I 00 0 III In LUh arid and Ind other oilier aM IM U t to 90 OO 11 ii 1 total ot or OVIT or O Tho Thi same seme statement said wahl UI that 1 th the firm oWe owed for Cor nr merchandise JIbE dise a 1 1110 o 0 tr 1 80 and for Cor bor hor borud lowed ud Jon money 60 a IL I total o ot of liabilities ties of ot K ou a of It in UIA If It I this Ibl statement was 11 on t ilvo months Hgo the Jl general er I v 1 Is IN aa nl to O IJ how the bust bustin in IIII fn i have havo shown such u I shrink shrinkage age tigi iKI I In BO 1 0 u tu 1 time line tle It I I Is not un n ly huRt will wi be lIe III taken laken by hy the to Investigate the maltH mattur mattor und Ind J will be beI I instituted rusti I la Is felt for W V T 7 heRd head heHl of ot th the Ilia as 11 through lon long continued InN he le hl hue hus boon hol unable to give 1 lii ht t 11 nal n lion 1101 to 10 |
