Foreign Language Press Service

[Italian Company in Receivership]

L'italia, July 21, 1912

The Central Trust Company was appointed Receiver of the well-known Giacomo Allegretti Company, candy manufacturers, until a bankruptcy comptroller is chosen. Liabilities, twenty-five-thousand dollars ($25,000), while the firm has assets of only ten-thousand dollars ($10,000). Mr. Allegretti stated that the Candy Industry is in a critical period. The public cannot afford to buy candy, and when they do they economize on cheaper brands.

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