Business & Finance: New Devil?

Last week was a good one for stock brokers. Volume of business on the New York Stock Exchange one day swelled to 1,500,000 shares. And by the end of the week prices stood just about where they were a year ago, with one notable exception. While industrial and rail shares had risen approximately 150% above their Depression lows of July 8, 1932, the battered utility averages were only one point above that subterranean ooze. An investor who bought the premier U.S. power & light stock, Consolidated Gas, at the 1932 low of $31.50 per...

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