Show lovella cos co a failure BOSTON aug 23 28 4 news agency here bays says ot of the tile reported potter lovell co a failure the business busine is of be the bouse house was largely a bale sale of commercial cial capr it annually bandied handled to GO of commercial paper it was Is t a borrower upon ita own name or the endorser orae p per it passed therefore its liabilities were secured by commercial paper during the last ten days it had been called upon and met call loins oa on money borrowed to advance on paper before be the pales were made success of the firm induced outside ventures by walter potter mostly in texas in connection with chicago and london parties and in the fortune waa was probably locked up walter potter declined assistance lie bays a ye if people will pay their debts to him be he will pay all big his but will not borrow to carry all bia his mercantile associates socia so tes walter potter says that no failures are likely to follow on account of the potter lotell lovell gos cos assignment t B banks a aks will act liberally in helping ahra money ia Is absolutely needed by the firms that are solvent the business amounted pd to last year potter declines to state the amount of liabilities direct or indirect before th the e a assignee makes ha his report the ev evidence iden ce ia is coming r to light that te tte real cause of the dates back to the big show failure |