SUSPENDED PAYMENT
COMPANY REQUIRES TIME CANADIAN SPECULATION 8y TclcCTaDh—Prs»s A63oclfttlon—Oopyrltrht (Rec. Juno 8, 0.30 a.m.) London, Juno 7. The Chaplin, Mile, Grentield Company has suspended payment. Mr. Arthur Morton Grenlield lately withdrew from tho directorate, as ho was concerned iu Canadian speculation in May. Mr. Arthur Grcnfield, as a director of many Canadian companies, forms a capital of £350,000. His current deposit account with tho company is about 1} millions. It is understood that he is solvent, but requires time. On May 13 last a cablcfrram from London stated':—The Stock Exchange, during tho past week, has passed through a critical time, owinj to an operator in a huge speculative movement affecting five millions sterling in Canadian stocks, getting beyond his depth Six leading firms came to the rescue, and averted a financial, crisis.
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https://paperspast.natlib.govt.nz/newspapers/DOM19140608.2.29
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Dominion, Volume 7, Issue 2170, 8 June 1914, Page 5
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133SUSPENDED PAYMENT Dominion, Volume 7, Issue 2170, 8 June 1914, Page 5
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