KREUGER CRASH
DISASTROUS EFFECTS
SWEDISH MATCH CO.'S REPORT .' LONDON, June 7. The city editor of the "Daily Mail"; says tho disastrous effects of the Ivreuger crash is disclosed in the Swedish Match Company's report, which is one of tho most extraordinary documents of joint-stock finance. The directors state it is impossible to close the books with, the exactitude the law requires. Tho provisional. accounts diseloso the stupendous loss in 1932 of & 29,000,000. Tho company's claim against tho Kreuger estate is entered as one kroner. j Kreuger-Toll and tho International! Match Company arc both bankrupt and make huge claims against the Swedish Match Company, which the latter company repudiates.
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Bibliographic details
Evening Post, Volume CXV, Issue 134, 9 June 1933, Page 7
Word Count
108KREUGER CRASH Evening Post, Volume CXV, Issue 134, 9 June 1933, Page 7
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