Business & Finance: Reaction

The long-prophesied "reaction" on the Stock Exchange has come; it is yet too early to say that it has gone.

Since the election almost a year ago, market trading has been on a greatly expanded scale. Up to Sept. 1, total sales there in 100-share lots have aggregated about 358,759,900 shares. This figure, however, does not include numerous "odd lot" transactions in from 1 to 99 shares, which contribute about a third again as many shares sold. As a result, true total sales on the Exchange since election have amounted close to 500,000,000...

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