Word: crashes
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...common with most British fiscal authorities Viscount Rothermere blamed the present London Exchange break-which has undoubtedly depressed many sound shares below their real value-on "the Hatry crash and the increase in the Bank rate."* Throughout the week all Britain continued agog over the astounding collapse of the numerous corporations fathered by daring, astute, masterful Clarence Charles Hatry. He sat in jail. But so many great personages are involved (Exhibit A: the Marquis of Winchester, chairman of one of the companies in the Hatry group) that details of the liquidation were kept hushed with a success only possible among...
...suspending shares of the Hatry group from listing on 'Change the august Stock Exchange Committee loosed a thunderbolt not previously hurled at any British corporation, a dreadful weapon supposed to be reserved for interloping foreigners. The crash of Hatry shares has been estimated to involve a $30,000,000 loss. Members of the Committee were said to have discovered that Hatry had obtained a loan of over $1,000,000 by depositing as collateral fictitious bearer script certificates of City of Wakefield 4½% stock. Four Hatry group companies are now going through liquidation: General Securities Ltd., of which...
...futures may spell eventually the loss of millions to coffee hoarding speculators, overloaded and waiting for a rise. Brazil, world's greatest coffee producer, is also the nation of most colossal coffee hoarding. Last week Vice President Benjamin B. Peabody of the New York Exchange unhesitatingly attributed the crash in coffee futures to "disquieting rumors regarding the situation in Brazil...
Already the doubtful nature of this hoarded asset has caused a decline in the Brazilian currency-the milreis. Sooner or later the Government must unload. Recent crops have been bumper. Most observers believe that the Government cannot hold out, faces an eventual catastrophic coffee crash. Shrewdest coffeemen do not know when the crash will come, but last week's howling and hopping seemed of ominous significance...
...Rescuers rushed him to a hospital but he soon died. At 7:15 p.m. another punctured body was hurled out. It was Guard R. A. Williams, already dead. At 9:00 p.m. the hundreds of soldiers and citizens surrounding the prison yard saw a third dead hostage crash to the ground outside Cellhouse No. 3. At 10 p.m. Guard John Shea staggered out bearing the body of Guard Abe Wiggins. Shea said that Danny Daniels had walked up to Wiggins at an appointed hour, grinned and shot him through the temple with his 48 calibre pistol. Then he had turned...