BROKER’S INSOLVENCY
Excitement On New York Stock Market New York, March 8. The Richard 'Whitney Company, one of the most important brokerage firms in ijie United States, has been suspended from the stock exchange on the ground of insolvency after Mr. Whitney’s admission that he was unable to meet his obligations. Mr. Whitney was five times president of the New York Stock Exchange, was formerly a broker for Mr. J. Pierpont Morgan, and has been a member of the exchange since 1912. The bankruptcy, which caused excitement in market circles, contributed to the early decline in stocks by from one to three points.
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https://paperspast.natlib.govt.nz/newspapers/DOM19380310.2.99
Bibliographic details
Dominion, Volume 31, Issue 140, 10 March 1938, Page 11
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103BROKER’S INSOLVENCY Dominion, Volume 31, Issue 140, 10 March 1938, Page 11
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