Said a jubilant Wall Streeter: "We've finally caught up with the white-collar class." The source of the joy on Wall Street was a decision last week by New York Stock Exchange governors to make the summer five-day week permanent. To make up for the shorter week, trading hours will be extended half an hour, -to 3:30 p.m.
In announcing the first changes in weekday trading hours in 79 years, the Stock Exchange took note of two new facts of financial life: 1) brokerage houses all over the U.S. are having trouble finding people...
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