Business: State of Trade

The clock of business conditions has hands but no numbers. It also runs both ways. In frequent hurried glances business clockwatchers must make a good guess at both the time of day and the direction of the hands. There are, however, a number of cabalistic symbols on the face which help them guess. Last week their glances took in these symbols:

¶ Reflecting confidence in the dollar and the improving position of debtor corporations, bond trading on the New York Stock Exchange swelled to the largest weekly volume in ten years—$125,000,000...

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