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Clever Deal in Hawaiian Sugar Shares Sparks Wealth
In Hawaii and California a broker syndicate led by Edward Pollitz and Henry St Goar bought control of Hawaiian Commercial and Sugar Company stock. They manipulated small lots to depress prices, secured management control, and profited from the spread between buying and selling prices, yielding substantial riches for the participants.
MENTIONED IN THIS ARTICLE
Hawaiian Islands
Honolulu
el Dorado
California
Sush
Hawaii
Edward Pollitz
Henry St Goar
San Francisco
Hawaiian Commercial and Sugar Company
Henry St. Gear
Islands
Bears