Business & Finance: Petroleum Bubbles

The sensational behavior of Southern States Oil stock on the New York Curb and elsewhere recently, has created much comment. The sponsor for the stock, C. M. Haskell, was formerly Governor of Oklahoma; retiring from political life in 1922, he became personal attorney for Harry F. Sinclair, and still later, an oil operator and promotor of evident wealth. Southern States Oil is only one of several so-called "Haskell oil companies."

Southern States stock had been very active on the Curb for two months, and gradually rose to 33 from below 20, under evident manipulative...

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