EXAGGERATED
THE STOCK EXCHANGE TROUBLE
(By Cable.—Prens Association.—Copyright. (Received May 17th. 5.5 p.m.)
LONDON, May 16. Tho "Financial Times" states that tho reports of tho Stock Exchango trouble are exaggerated. Oniy £1,000,000 is involved, and it is distributed among some of the largest financial houses in tho world.
A cable message from London on Friday stated that the London Stock Exchange, during the week had passed through a critical time owing to an operator engaged in a. huge speculative movoment, affecting £5,000.000 worth of Canadian stocks, getting beyond his depth. Six of tho leading firms came to the rescue and averted a financial crisis.
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Press, Volume L, Issue 14970, 18 May 1914, Page 7
Word count
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104EXAGGERATED Press, Volume L, Issue 14970, 18 May 1914, Page 7
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