Business: Downtown

¶ After a three-week toboggan the stockmarket pulled up short last week, rose moderately. Volume of transactions, however, continued to slide down to new low records. In a short Saturday session only 249,300 shares changed hands—lowest figure since July 1932. Even the Toronto market was more active. Having nothing better to do, a Wall Street statistician sharpened his pencil, calculated the shrinkage in value of 100 listed issues. He found that the $4,136,000,000 paper loss since the Stock Exchange Control Bill was introduced last February would have: 1) bought all last year's...

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