OCR Text |
Show Wool Concern Falbu IIOSTON, Mas, Jund 6-,. com mittic of local bankers today look over the business of the Union Wool enniMny of Nevada and with fhe con currenco of tho compnny npjxuntcd linlnig Dtsmann to mnnngo its nf fniiM Tlio compnny has liabilities of iHJ.OOO.OOO or .7,000,000 nnd assets cst,inuited under nvorngo market con ditions to be 2,000,000 greater. Com plications in its finances mndo ndmin istrntjon b the creditor banks desir able, but no assignment wns made. Al though no statement on tho cominn 's difficulties wns issued, it was understood under-stood the) were due to the recent drop in the price of raw wools." |