HEAVY LOSSES.
f— ■ AMERICAN BUSIN EISSAI E'N ’S ADMISSIONS. (United Press Association—By Electric Telegraph Copyright.; —United Service). VANCOUVER, Aug. S.
St. Louis business* circles have recently been jarred by two great defalca-t'-ions. Insurance examiners have received a written statement Irani .Roy Toombs, president of the International Life Insurance Clomp-a-ny, admitting a shortage of £700,000, while Young, the manager q-f the New York branch of the Bank of Italy, confessed to losing £IOO,000 in speculations.
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Bibliographic details
Hawera Star, Volume XLVII, 11 August 1928, Page 6
Word Count
74HEAVY LOSSES. Hawera Star, Volume XLVII, 11 August 1928, Page 6
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