Show WISCONSIN GRAIN I 1 COMPANY FAILS q wig may 29 gener general 1 l I 1 I 1 INIa manager nager C W esplin of tiie the northern norther n I 1 grath grain company stated today that his company corana hy will quit business unauthorized speculation and mismanagement resulting in losses were nvere I 1 glenas causes toi foi tile the closings it is ia reported that tho the company lost upwards or of on the chicago board through ago operations of an employed six months I 1 tho the company operates two large elevators here having a capacity of over bushels it also owns elevators in illinois iowa wisconsin and minnesota until recently J C martin of this city was president but lie he was succeeded a month ago by E F mccormick of seattle wash with mr esplin ol of chicago as manager the closing of the elevators will probably be temporary as the property pio perty is too valuable to remain idle long but tyle the company will not be reorganized organized re |