Not in 19 months had the New York stockmarket seen such hustle-bustle. One day last week, 2,330,000 shares changed hands, the biggest volume of trading since Dec. 9, 1946. Next day the market was even busier; 2,470,000 shares were sold, and 1,131 issues (out of 1,396 listed) were traded. It was the "broadest" market in Stock Exchange history.

The trading even spread to Stock Exchange seats. In one day, five seats changed hands, the largest number on record. The top price was $62,000; six weeks ago, a seat on the Exchange sold for...

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