Business: Depression

Sheila Klavan was a porter in Chicago. Lately he lost his job. All he owned was 2,000 shares of oil stock which had cost him $200. He wrote to Charles A. Dean, assistant trust officer of Empire Trust Co., Manhattan, transfer agent for the oil company, to find out what the stock was worth. Trust Officer Dean replied it was worth nothing, the company had blown up.

Last week Sheila Klavan arrived in Manhattan, weary and shabby after walking and hitchhiking from Chicago. He went to call on Banker Dean, who repeated what he...

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