Business: Stockmarket to be Closed?

Week II of Hitler's war against the West was also week II of a Wall Street panic. Down another eight points went the Dow-Jones average of 30 industrials to 114.75. Volume of stocks dumped totaled 10,370,000 shares, against over 17,000,000 shares moved during panic week 1 (TIME, May 27). One reason why the panic slowed down: most shoestring margin accounts, many small, outright holders, were already sold out. Furthermore, bargain hunters held off in the hope that stocks like Bethlehem Steel might soon be given away closer to 40 (when the $3.75 it has paid in the last twelve months...

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