Business & Finance: Bathysphere

Two shocks last week hit U. S. stock-markets. The first was 100% spectacular. Henceforth Tuesday. Oct. 19 can lay claim to being the most startling single day in stockmarket history since famed Oct. 29, 1929. Prices ended about where they started, but in between they went through an excursion similar to Dr. Beebe's junkets to the bottom of the sea in a bathysphere. Prices on Monday had fallen in the worst break of the current decline and everyone anticipated that opening prices Tuesday would be down as a result of widespread margin calls.


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