WALL STREET FAILURE.
LARGE BROKERAGE FIRM.
LIABILITIES V OVER ■ £800.000. '
A. and N.Z.
NEW YORK. ,June 9.
'■■: The collapse to-day of / Winklernan and Company,'/ one of : the largest brokerage firms ■■"> in ".' Wall •'. Street, with liabilities amounting to <■'■ over 'i: 4,000,000 dollars, is the climax of. a series^- of 20 similar failures in /less; than two years, which has" cost investors 100.000,000 dollars. Within fne last few weeks three large firms ; have failed. The \ Federal Government is commencing <an inquiry, as ;, the possibility is suggested of collusion in bankruptcy. >;'.
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New Zealand Herald, Volume LX, Issue 18423, 12 June 1923, Page 9
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88WALL STREET FAILURE. New Zealand Herald, Volume LX, Issue 18423, 12 June 1923, Page 9
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