The Redcoats Are Coming. For the third week in a row, stocks on the New York exchange drifted lower. The day after Britain's Ernest Bevin suggested that the U.S. redistribute its gold (see FOREIGN NEWS), a sudden flurry of selling brought forth the waggish explanation: "The British are within 50 miles of Fort Knox."
Requiem. U.S. exports, which started to drop in June, fell another 7% in July, said the Department of Commerce, and are now down 19% from their May peak. The Department of Commerce expected exports to drop further as the world ran out of U.S. dollars. Latest...
To continue reading:
or
Log-In
