CINEMA BUSINESS.
REMARKABLE CAREER. Received December 2, 12.55 p.m. WASHINGTON, Dec. 1. Tlie Senate Stock Market Committee records to-day disclosed that Harley Clarke, a Chicago utilities operator, turned a small stake in the cinema business estimated at 1,000,000 dollars into a 65,000,000 dollar paper fortune within five years. Though his was only a small projector manufacturing company in 1925, Clarke by 1930 became president of the General Theatres Equipment Company, which controlled the Fox Theatre properties, exchanges, and stock and the additional investment resulted in his control of a 65,000,000 dollars holding company. To-day Clarke is not president and the stock is practically worthless.
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https://paperspast.natlib.govt.nz/newspapers/MS19331202.2.128
Bibliographic details
Manawatu Standard, Volume LIII, Issue 313, 2 December 1933, Page 8
Word Count
104CINEMA BUSINESS. Manawatu Standard, Volume LIII, Issue 313, 2 December 1933, Page 8
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