Business & Finance: W. C. Durant

Now that the swift rise in stock prices this summer is over, discus- sion as to who made money out of it is the order of the day. Chief among those mentioned is W. C. Durant, onetime automobile manufacturer and inveterate bull speculator in stocks. Mr. Durant is said to have been the chief beneficiary in the meteoric rise of Cast Iron Pipe, to the tune of about $2 million. He is also said to have carried 25,000 shares of Southern Railway from the 30's to the 50's, as well as to have had heavy...

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