In a shocking turn of events, speculation ran rampant on the New York stock exchange on July 30th, 1915, as war stocks took a drastic hit due to reports of the sinking of the steamship Iberian. The tragic loss of at least four Americans sent a ripple through the financial world, causing a severe reaction that would be felt for days to come.
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Key Facts
- State: National
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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