Stutz Reappears

The receipt by the New York Stock Exchange of an application from the Stutz Motor Car Co. of America to have its 263,000 shares restored to trading on its floor brings vivid memories of the circumstances in 1920 under which Stutz was " stricken from the list" of the Exchange. After a decline in motor shares in February, 1920, Allan A. Ryan cornered the Stutz stock. Its price rose swiftly to 391 on March 31, 1921, when the Exchange authorities, having ascertained the existence of the "...

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