GONE UNDER.
SMASHES IN WALL STREET
STOCK-BROKERS IN TROUBLE.
(Received Fob. 24, 7.20 p.m.) NEW YORK, Feb. 24
Four Wall Street stock-broking firms have collapsed within 24 hours causing a sensation on the Stock Exchange. The most prominent failure is that of Kardos and Burke. The latter was formerly of the, United States Treasury. Several other firms have gone bankrupt during recent weeks, one cause being the energetic action of the authorities to stamp out so-called bucket shops, many of which have swindled thousands of people.—A. and N.Z.C.A.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19220225.2.38
Bibliographic details
Gisborne Times, Volume LVI, Issue 6321, 25 February 1922, Page 5
Word Count
88GONE UNDER. Gisborne Times, Volume LVI, Issue 6321, 25 February 1922, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.