STOCK EXCHANGE
TROUBLE EXAGGERATED. f Taktrftph-Preu Asaoclatlon—CopyrUfli' (Received May 17, 5.5 p-m.) LONDON, May 17. The “Financial Times” states that the report of the Stock Exchange trouble is exaggerated. Only £1,000,000 is involved, distributed among some of the largest finance houses in. the world. A London message dated May 15th paid The Stock Exchange during the week passed through a critical time, owing to an operator in a huge speculative movement, allooting five millions sterling of Canadian stocks, getting beyond his depths. Six loading firms oamo to the rescue and averted ai financial crisis.
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Bibliographic details
New Zealand Times, Volume XXXVIII, Issue 8735, 18 May 1914, Page 5
Word Count
94STOCK EXCHANGE New Zealand Times, Volume XXXVIII, Issue 8735, 18 May 1914, Page 5
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