WALL STREET: Boom in Stockholders

U.S. citizens last week got a real look at who sells and who buys the large blocks of stock which are traded in Wall Street almost every week. The look was an eye-opener, proved that almost all big blocks are dumped by rich estates (to pay inheritance taxes) or giant corporations, are bought by thousands of small investors scattered over the whole U.S. Since the New York Stock Exchange started its "special offering" plan last February (TIME, March 2), the Exchange alone has broken up 67 large blocks of stock, sold the...

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