A MILLIONAIRE’S RISE
Cinema Man’s Fortunes U.S. STOCK INQUIRY STORY (Received 2, 12.55 p.m.) WASHINGTON, Dec. 1. The Senate stock market committee records to-day disclosed that Harley Clarke, a Chicago Utilities operator, turned a small stake in tho cinema business, estimated at 1,000,000 dollars, into a 65,(100,000 dollars paper fortune within five years Though the owner of only a small projector manufacturing company in 1925, Clarke by 1930 became president ol the General Theatres Equipment Co., which controlled Fox Theatre properties. Exchanges of stock and additional investments resulted in his control of u 65,000,000 dollars holding company. To-day Clarke is not president and the stock is practically worthless.
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Hawke's Bay Tribune, Volume XXIII, Issue 300, 2 December 1933, Page 7
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108A MILLIONAIRE’S RISE Hawke's Bay Tribune, Volume XXIII, Issue 300, 2 December 1933, Page 7
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