Ny Stock Market Quotes

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State Senator Kemble made a speech opposing any enlargement of the NY&H’s capital. When the news of impending scarcity hit Wall Street, the price of Harlem stock rose. At the top of the market, Kemble’s broker sold short. Kemble then pushed a bill through the legislature enlarging Harlem’s capital, and the price plummeted. As these were early days, and such behavior was still considered inappropriate, Kemble was expelled from the Senate.
Edwin G. Burrows (Gotham: A History of New York City to 1898)
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