CANADA: Westward Ho!.

A Vancouver Stock Exchange official watched the frantic floor trading one day last week and murmured: "A miniature 1929." On Calgary's exchange, 1,747,284 shares were traded—an alltime high. In Toronto, where 6,537,000 shares were traded, excitement swept Bay Street like a prairie fire; the high-speed ticker fell 17 minutes behind. Even in Manhattan, far from the source of the commotion, the New York Curb Exchange exceeded the volume of the New York Stock Exchange's Big Board for the first time on a full trading day in six years. Oil stocks, especially Alberta's, were the riotous star performers. The fillip...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!