Business & Finance: Bull

When Thomas Cochran, Morgan partner, sailed for Europe two years ago, he was reported to have said General Motors stock was worth $200 a share (TIME, Aug. 16, 1926). General Motors went above $210.

When John J. Raskob, chairman of General Motors' finance committee, sailed for Europe two months ago, he said General Motors was worth $225 a share (TIME, April 2). It went to $210 on May 7.

But when William Crapo Durant, stock market operator and motor manufacturer, sailed for Europe seven weeks ago, he said nothing striking. And yet he is one...