Word: firmed
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Dates: during 1920-1929
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...appeal to the creditors and customers of the firm, new capital to the extent of $2,750,000 has been raised, thus placing the concern in a strong financial position...
...next question faced by the "insolvent" has been in connection with resuming business. This involves readmission to the several stock and commodity exchanges from which the firm was suspended on notice of its insolvency. It is not anticipated that any great difficulties will be experienced here, even in the case of the New York Stock Exchange, although official technicalities might take a few days...
...case of the firm is said to have established a record on the New York Stock Exchange for quick and complete resuscitation after insolvency...
Stocks and bond prices are high, commodity prices are in general firm or else rising, business activity increases. If affairs follow precedent, the fall should see larger advances of credit for commercial purposes, increased output, a stronger general price level and higher interest rates. The latter, together with a scarcer supply of credit, will presumably turn the stockmarket...
Died. E. W. Wagner, 60, Chicago stockbroker; in Chicago, of a fall from a 15th-story window. In 1921, his firm (E. W. Wagner & Co., of Chicago and Manhattan) failed for $10,000,000, for which 30 indictments were still standing against him, in addition to seven brought since...