On June 1, 1935 an investor could have purchased 100 shares in each of five leading agricultural implement companies for $17,000. Last week he could have sold these shares for $29,000. Even had the investor made his purchase as recently as Sept. 3, the last six weeks would have brought him an appreciation of $4,600. Last week's developments in the agricultural implement boom included:
J. I. Case closed the week with a 6¾ point jump to 93¾, high for the year.
Deere & Co. also made a new high50¾ for 1935.
Caterpillar Tractor reported $4,311,643 earnings for the first nine months of 1935 against...