No Sale on Mustang Ranch: American Wall...

No Sale on Mustang Ranch: American Wall Street Securities Inc. said it failed to sell enough stock to buy Nevada’s best-known house of prostitution but will make another try. Only about 75% of the $23 million, $20-a-share stock had been sold by the deadline, said James Salaman, a spokesman for the firm, which is underwriting the venture. The funds, which have been held in trust, will be returned to the buyers. The prospective buyer, Mustang Ranch Inc., will issue a new prospectus by the end of June and hopes to begin selling the stock again this summer.