March 22, 1907

Possibility That Syndicate May
Purchase Their Business.

President J. J. Swofford, of the Swofford Bros.' Dry Goods Company, said yesterday that negotiations were pending with St. Louis, St. Joseph and Wichita capitalists for the Swofford plant at a price close to $1.000,000.

"The matter is merely being discussed in a business way," said Mr. Swofford. "We have set our price and the others are considering it. I do not look for anything definite for some weeks, and the whole thing may end in talk."

The capital stock has been increased from the original $300,000 to $1,000,000. It succeeded the Grimes Dry Goods Company in 1891.