STOCK TRADING on New York Stock Exchange is up almost 10% from last year's bull-market level. Round-lot and odd-lot trading stands at 232 million shares, v. 211 million a year agoa plain sign that the public has plenty of money.
MACHINE-TOOL ORDERS, one of the economy's barometers, fell 22% from March to April after three months of climb. New orders in April totaled $28.3 million, with almost one-fourth from foreign lands, where automakers continue to buy U.S. tools.
CHRYSLER PAY CUTS will take three weeks' salary from all officers, two weeks' pay from employees earning more than $15,000 and one week's from those...
To continue reading:
or
Log-In
