TRUST COMPANIES
U.S. Senate Investigation
Washington, October 10.
Further investigations into the Dillon Read Company’s operations to-day-revealed that stock sold by the company to one of its investment trusts in 1929 had depreciated by 26,526,000 dollars in value. It was disclosed that of this amount about 40 per cent, was stock in railways which had been purchased from other Dillon Read interests, the railways since going into receivership. It was announced that the committee would next call the Chase Securities Corporation officials for examination.
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Bibliographic details
Dominion, Volume 27, Issue 15, 12 October 1933, Page 9
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84TRUST COMPANIES Dominion, Volume 27, Issue 15, 12 October 1933, Page 9
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