'MARCONI’S TRANSACTIONS.
A BROKER’S INSIDE WORKINGS 1 .
[By Electric Telegraph—Copyright] [United Press Association,] (Received 8.30 a.m.) London, November 12,
I The newspapers approve of the I Stock Exchange decision, and points 'out that the suspension only applies |to the individuals, the remaining partners of the firms being unaffected. iHeybourn and his comrades being punlished for a breach of the trust with the brokers on the 19th April. Evidence showed that Heybonrn had purchased a quarter of a million shares 'from Mr Godfrey Isaacs at 25s and 'sold 128,650 at about 30s. The broikcr’s orders increased from 57,900 to !668,000 during the .boom on 18th ('April. At that time, Heybonrn, in--1 eluding his extra purchases, owned 221,350. Instead of filling forty per cent, of his orders, he only sold 82,j 6SO at 65s and sold 63,000 elsewhere on the nineteenth. The Daily Express (estimated that Heybourne’s profit at (the end of the 19th April was £125,810, besides retaining 75,670 shares.
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Stratford Evening Post, Volume XXXVII, Issue 62, 13 November 1913, Page 5
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159'MARCONI’S TRANSACTIONS. Stratford Evening Post, Volume XXXVII, Issue 62, 13 November 1913, Page 5
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