INDIAN MONET PANIC.
DISASTERS ON BOMBAY EXCHANGE. By Mcffraph—Press Association— Odpyrlsht (Reo. October 31, 0.15 a.m.) , Delhi, Octobor 30. Tho financial panic in Western India continues. Tho crisis is due to tho peculiar mothods of share-dealing on tho Bombay Exchange, whero the pneo of certain shares has been kept at an artificial level by a broker named Jehanghir Dalai. , ~ Tho luttor,, unable to meet t.no efforts of tho combination of forces operating against him, failed for 4 million rupees. Many brokers are ruined. Aziz Ibrahim, tho premier pearl merchant,, failed for a million rupees, while several cotton and grain merchants in Karachi failed for largo sums.
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https://paperspast.natlib.govt.nz/newspapers/DOM19131031.2.67
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Dominion, Volume 7, Issue 1894, 31 October 1913, Page 7
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106INDIAN MONET PANIC. Dominion, Volume 7, Issue 1894, 31 October 1913, Page 7
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