High Finance Operations in America
SENATORIAL INQUIRY. United Press Association—By Electric Telegraph—Copyright. AV A SHIN GTON, Oct. 10. Further investigations into the Dillon Road Company’s operations to-day revealed that stock sold by the company to one of its investment trusts in 1929 had depreciated by 26,526,000 dollars in value. It. was disclosed that of this amount about 40 per cent, was stock in railways which had boen purchased from the other Dillon Road interests, the railways sineo going into receivership. 1 It was announced that the committee would next call the Chase Securities Corporation officials for examination.
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Manawatu Times, Volume LIV, Issue 7285, 12 October 1933, Page 10
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97High Finance Operations in America Manawatu Times, Volume LIV, Issue 7285, 12 October 1933, Page 10
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