WALL STREET HOAXED.
SPURIOUS BUYING ORDERS
Elec- Tel. Copyright—United Press Assn.i (Australian am! N-Z. cable Association.!
(Received May 8, 1.5 p.m.) NEW YORK, May 7.
A gigantic hoax, which might have resulted in large profits for unidentified! perpetrators, was played on Wall Street, Bostoni, Philadelphia, and other Eastern city stockbrokers. Spurious buying orders, accompanied l by forged cheques wei'o dumped into flic 1 brokers’ olliccs through the mail. The market boomed; then tho cheques proved' forgeries. The market crashed, the whole list dropping to the lowest levels for some time.
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https://paperspast.natlib.govt.nz/newspapers/PBH19230508.2.24
Bibliographic details
Poverty Bay Herald, Volume XLIX, Issue 16120, 8 May 1923, Page 3
Word Count
90WALL STREET HOAXED. Poverty Bay Herald, Volume XLIX, Issue 16120, 8 May 1923, Page 3
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