Selling orders from all parts of the U. S. last week continued to converge on the New York Stock Exchange. Old rumors and new were again in circulation. Uneasiness was caused by the insistent story that something was amiss with Caldwell & Co., potent Southern house. A definite, frank statement from the Nashville Clearing House finally showed that this rumor was justified, but the fear exaggerated.
The Nashville Clearing House's report was from a special committee which had been appointed to meet with members of Caldwell &...
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