Business: Current Situation: Apr. 7, 1924

It has been said that without differences of opinion we could scarcely have stock exchanges—or horse races. Wall Street, after some months of optimism with reservations, has lately adopted an attitude of pessimism with reservations. Yet nothing particular happens. The price of shares tends to drag, and to decline fractionally, under the notion that since things cannot get better, they are morally bound to get worse.


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