RUBBER FORTUNES.
JOBBERS AND BROKERS’ OPERATIONS.
WEALTH BEFORE HEALTH. LONDON, Dec. 12.—The Stax asserts that the enormous activity in tho rubber stocks has severely tried the health of jobbers and brokers, and that mftnerous retirements are reported, including that of one of the most prominent firms of jobbers. whose profit's exceed £1.000.000.
There were days when this firm’s dealings exceeded 26,500,000 shares, neces. sitniing working night and day. and the accommodating of the entire staff in city hotels. Other dealers have amassed huge sums, one house making a profit of £550.000. flPc firm’s employees will receive a 140 per cent, bonus on their yearly salaries its a Christmas box.
A broker told clients who wove placing enormous orders in anticipation that lubber eventually would reach 7s a ll>. : “I’ve played in a Rugby scrum, but .1 haven’t the courage to fact: tho Exchange's daily turmoil.”
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Bibliographic details
Poverty Bay Herald, Volume LI, Issue 16918, 24 December 1925, Page 10
Word Count
145RUBBER FORTUNES. Poverty Bay Herald, Volume LI, Issue 16918, 24 December 1925, Page 10
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