STATE OF BUSINESS: All of the Evidence

BONG! went the New York Stock Exchange 10 o'clock opening bell one day last week. What looked like the worst break of the year promptly began. By radio and ticker came the gloomy words of Prime Minister Neville Chamberlain before the House of Commons. To the market they brought a tide of liquidation. Prices cracked as much as three points, blocks as big as 6,000 shares were dumped. At 10:28, came the word that Hitler had agreed to a four-power conference. The tide turned. During the next hour buying orders for...

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