Show the reynolds failure at valdez alaska threatens to be productive of trouble no money to pay of the working men and half the bus ness men of the town are on th verge of fidanc al collapse seattle wash cable advices received here from valdez by local alas kans are to the effect that instead ot the situation due to the failure of the reynolds bank being cleared corneli have so thickened that there Is danger of a not and the destruction 01 property no money has been received at valdez to pay off the employees of the alaska nome railway who are without means to secure food and shelter and the reynolds alaska de company affairs have be come sa complicated that it Is expect ed halt the town will have to through the hands of a receiver it has developed that reynolds had branch ollices in new york practical ly all the new england states wis coasin iowa nebraska maryland georgia and louisiana in i the south |