Wall Street: Stocks v. Bonds

Stocks vs. Bonds To the relief of practically everyone, the stock market settled down to something resembling normality last week—that is, after another Monday break opening in which the Dow-Jones industrial index tumbled 17.37 points to 593.68.

Thereafter, encouraged by Administration proclamations of impending tax relief, the market slowly recovered to close the week at 601.61—less than 10 points off the previous week's close. By week's end, the trading on the Big Board slowed to a leisurely 2,500,000 shares a day, and brokers and clerks caught up on their rest and their reading.

The Bargain Hunters. With a lot of money waiting...

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