While Prohibition was passing its second milestone within two weeks at Chicago, Wall Street experienced a flurry in the shares of companies most likely to be benefited by a change in the law. The group of stocks Wall Street has come to call the "Wet Shares" includes Owens-Illinois Glass Co., National Distillers Products, American Commercial Alcohol, Crown Cork & Seal, Park & Tilford. Neatly timed to coincide with the Wet flurry was a $1,000,000 offering of shares in a brewery, the first sale of a brewery stock...
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