Business: Weakness in Cans

Even in a stock market buoyed with business recovery and inflation prospects, it is possible for the unwary investor to get his fingers burned. If, for example, a market-follower had bought 100 shares of American Can on Oct. 22, 1935, he would have invested $14,962. A corresponding flyer in Continental Can on Nov. 20, 1935 would have cost $9,925. As last week's market closed, 100 shares of American Can were worth $12,300 and 100 shares of Continental Can were worth $7,900. On the two investments, the buyer would be out $4,687. Yet last...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!