KREUGER CRASH

Grey River Argus, 9 June 1933, Page 3

KREUGER CRASH

HUGE CLAIMS Against Other Companies Repudiated (Aus. & N.Z. < B 1>1«- '*>" > Ki-eei <••<! lulu' S 111 S p.m. I LONDON, .lune X. Th.> ‘‘Doily Mail’s’' city fditoi says, ‘-the dismalruus ell’t'cts of the Knui er .-lush. tlixlosetl in the Swell ish mut.-li report, is one of the most .•xtrnortliniirv documents of joint stock tiniinee. The directors state tha. it is inipossil.le to close the hooks with I the <•'actitnil ■ the law requires. Pro visional account.- disclose a stnpen dons I'.ss in 1932 of £29.00(1.0(10. The t'onipanv's c.tiim ttsrainst Kretigei one kroner. | The Kteugt'f toll and the Intel . national Mutch Company which at.’ 'noth bankrupt. make huge claims ituainsr the Swedish Match Company, which lII.' latter .omtai.y repudiates.