BANKRUPT BROKERS
A WALL STREET RECORD. Preaa Association—By Tclegrcph—Copyright NE W YORK, January 21. (Received Jan. 22, at 10 p.m.) The District Attorney's Office fins announced that 154 stock and brokerage firms in Wall street failed during the last 15 months, causing the loss of 100,000,000 dollars. The assets of these firms were less than 10,000,000 dollars. There is considerable agitation for a law licensing stockbrokers, who hitherto have been disciplined bv the Stock Exchange organisations, which are violentlyopposing the measure. The unsettled market conditions, joined with actual malfeasance on the part of the bankrupt firms’ officials, have caused the unprecedented rujmbor of failures.—A. and X.Z. Cable.
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Otago Daily Times, Issue 18768, 23 January 1923, Page 7
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107BANKRUPT BROKERS Otago Daily Times, Issue 18768, 23 January 1923, Page 7
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