BOGUS SALES.
STOCK' EXCHANGE ENQUIRY.
COMPANY SUSPENDS PAYMENT.
Press Associatipn-By -Telegraph-Copyright Received 10.40 p.m.,-" August. 26th. NEW YORK, August 26.
While the governing.-committee of. the New York-. .Stock, Exchange was inquiring into the enormous bogus sake on jSaturday, A; 0. Brow- and,'. Company announced their suspension. ' Their liabilities are estimated at upwards of ' T,fioo,ooodols. Their dealings on Saturday covered : 750,000 shares; -. The* suGper.Gion is due: to inability to ' get sufficient shares to cover the obligations of a. member. The firhi hopes to pay the debts in full and resume '-. businecG; . , : •:
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Bibliographic details
Timaru Herald, Volume XIIC, Issue 13683, 27 August 1908, Page 5
Word Count
90BOGUS SALES. Timaru Herald, Volume XIIC, Issue 13683, 27 August 1908, Page 5
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