A Boom Resulting from President Coolidge's Election New York Feb, 12.
An unprecedented boom in stocks of all classes since President Coulidge's election continues un-shares change hands daily, public throughout the country. wildly speculating and many fortunes have been made and lost.
"The manner in which the value of individual stocks has improved over 100 points within six months is, amazing. As an example, the shares of the Commercial Solvents Chemical Manufacturing Company are now! quoted wt $170, as compared wisn haves bought, while the shares the Cast Iron Pipe Foundry Company have risen to $250 as com. pared with a minimum of $64 last Year, owing to last year's earnings Showing profit of over $40 per share.
The market manipulation of the stock of one company which has shared in these astonishing rises is publicly credited to the picturesque figure of Mr. W. C. Durrant, a famous speculator who is reputed to have made over $10,000,000 paper Drofits in this stock alone.—Reuter's American Service.
Text read from the printed page and cleaned; old type leaves the occasional error.