Business: Sad Stocks

In London's Stock Exchange last week brokers developed a new parlor game of cricket-with-ping-pong-balls. Wall Street went in for ticktacktoe.

Hammering headlines from the steel front (see p. 11) drove shares to new lows and near records for inactivity for the year. It was the first time since C. I. O. got into action that strike news has been a general market factor. The motor sit-downs last winter merely interrupted the market's upward climb and prices were later pushed to new recovery highs.

Stocks of the struck steel companies, however, suffered no more...

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