Business: Market & Trade

What really made the stockmarket newsworthy last week was not that it took the worst one-day tumble in more than a year but that it did not tumble more. War was the worst but only one of a series of disturbances. One day reports flew fast that New York, New Haven & Hartford R. R. would most certainly default on an October interest payment, and the stampede to unload New Haven shares on the New York Stock Exchange demoralized trading at the New Haven post. Though New Haven met its obligations on the...

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