Last week was one of big-figured recapitulations.
¶ The New York Stock Exchange reported having listed over $500,000,000 worth of new securities in May. The New York Curb Market listed $718,733,803 new securities (par values).
¶ May trading on the New York Stock Exchange was the heaviest in history—46,598,134 shares sold, with the daily (except Saturday) average well over two million shares. Fifty representative stocks touched an all-time high record average price of $166.46. An average of $215.46 for 25 industrial stocks was another record;...
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