Business: 2% Money

Bread cast on the waters of the Manhattan Call Money Market has long since ceased to come back tenfold. Last week call money hit a low of 2% and an average of 3%, compared to a low of 7% and an average of 9% for the corresponding week of 1929. Easy money contributed to an increased activity in both the bond market and the stockmarket, bond sales on the Stock Exchange going to $115,372,500 against $77,834,600 for the previous week and only $50,589,000 for the week a year ago. It was the best...

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