Stock Prices: Day 2 Company Name Action by Company New Price per Share Kroger Purchases a West Coast food chain $12 Radio Corporation New model released with built in antenna $13 Mammoth Oil 9 wells begin producing in WY field $14 Gotham Bank Bank declares 6% dividend $11 Durant Motors Fails to make payments on notes to the Gotham Bank $7 Midland Utilities Midland extends services into MI and WI $13 Kansas Pacific K&P will pay no dividends this year due to expansion $9 Tel-Tone Dial telephones will be installed in parts of NYC $15 Stock Prices: Day 3 Company Name Action by Company New Price per Share Kroger Merger with Eastern chain of stores $15 Radio Corporation 15 patents are purchased from the Edison company $14 Mammoth Oil Largest oil field in America may be located under Mammoth Oil Lease in WY $19 Gotham Bank Stock prices remain the same $11 Durant Motors Locomobile sales are depressed from competition with Ford $5 Midland Utilities Insull’s financial manipulation allows it to take control of Commonwealth Edison $19 Kansas Pacific Profits rise on agricultural shipments from SW $10 Tel-Tone NYSE announces Tel-Tone as greatest increase of any stock on the exchange $22 Stock Prices: Day 4 Special News Bulletin • The President is suffering from a coronary seizure and may have pneumonia. He is reported to be dying. Company Name Action by Company New Price per Share Kroger $13 Radio Corporation $13 Mammoth Oil $16 Gotham Bank $10 Durant Motors $4 Midland Utilities $19 Kansas Pacific $9 Tel-Tone $19 Stock Prices: Day 5 Company Name Action by Company New Price per Share Kroger Corn blight on Kroger farms causes 90% loss of crops $12 Radio Corporation Speculation on new patent causes rise in stock prices $15 Mammoth Oil Japanese offer to buy the total production of Elk Hills $21 Gotham Bank French gov’t announces they will begin to pay their WWI war debts to US banks $12 Durant Motors The DuPont family begins to buy large blocks of Durant $7 Midland Utilities Insull fears Cyrus Eaton may be trying to take over Midland $22 Kansas Pacific Speculation on increased profits from Mexico $11 Tel-Tone Announces successful merger $24 Stock Prices: Day 6 Company Name Action by Company New Price per Share Kroger Speculation that Purity Markets are trying to buy out Kroger $14 Radio Corporation Rumored merger with the Edison Company $17 Mammoth Oil Congressional committee begins an investigation of leases; possible fraud $13 Gotham Bank Bank stocks remain unchanged $12 Durant Motors Louis Chevrolet is hired to design an inexpensive automobile $10 Midland Utilities Cyrus Eaton begins dumping large blocks of Midland on a depressed market $18 Kansas Pacific Drought in the SW and depressed farm prices cause K&P profits to fall $10 Tel-Tone J.P Morgan sells 200,000 shares in company $22 Stock Prices: Day 7 Company Name Action by Company New Price per Share Kroger Food prices are depressed due to agricultural surpluses $13 Radio Corporation Merger with Edison Company falls through when Radio Corp. pays no dividends $14 Mammoth Oil Harry Sinclair is called before Congressional Committee; Fraudulent oil leases found true $7 Gotham Bank Announces profits increase 5% $13 Durant Motors Merger with Fisher Body and form GM $13 Midland Utilities Chicago Tribune states Insull’s Company is a “house of cards” ready to crumble. $14 Kansas Pacific New oil fields in OK cause a new boom along K&P track $12 Tel-Tone Fails to rise as predicted. Brokers unable to explain downward trend $17 Stock Prices: Day 8 Special News Bulletin • The market slipped today as the government announced that home construction, an indicator of prosperity, was at an all time low. The Federal Reserve Board announced that a change in the interest rate would take place in the near future. It is rumored that the J.P. Morgan intends to sell 12 million shares of common stock at a loss. Gotham Bank announced that margin buyers are being notified that they must put up more money to cover today’s losses. Also, this just in… • Panic hits Wall Street. 12 million shares are traded in one day on the New York Stock Exchange. $700 million is lost by stock holders in one day as the market takes the greatest dive in history! Company Name Action by Company New Price per Share Kroger $5 Radio Corporation $2 Mammoth Oil $1 Gotham Bank $7 Durant Motors $8 Midland Utilities $2 Kansas Pacific $4 Tel-Tone $3