Business: What Did Not Happen

What Did Happen on U. S. security and commodity exchanges following President Roosevelt's devaluation of the dollar: A series of 3,000,000-and 4,000,000- share trading days on the New York Stock Exchange that whipped the week's total transactions to the highest level since the whiskey boom last summer.

A rise in the Dow-Jones industrial stock average to a New Deal high at 111­up 61 points from last year's low.

A $40,000 price rise in stock exchange seats to $190,000.

A $109,000,000 increase in loans to brokers.

A roaring bond market which set a twelve-year...

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