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Show BURSTING OF THE NITROGEN BUBBLE New York, July 23. A petition in bankruptcy has been filod against the Standard Nitrogen company of this citv which was organized with an authorized au-thorized capital of $10,000,000 to manufacture man-ufacture a fertilizer for agricultural purposes by producing cultures of bacteria bac-teria which were to absorb the nitrogen nitro-gen from the air. According ta the literatuie of the company, the fertilizer wns put up in small bottles and a fifty-cent boltle was capable of inoculating a bushel of seed or 100 pound n of soil. The company bought land in New Jersey and Connecticut for experiment stations sta-tions The petitioning creditors hae claims against the corporotioii( amounting to about $1 400. ' |