A Letter From The Publisher: Aug. 24, 1970

TIME'S cover story this week focuses on a subject that directly or indirectly affects nearly every American: the securities markets at the hub of the nation's commerce and industry. Written by Gurney Breckenfeld and edited by Marshall Loeb, the story analyzes Wall Street's present disarray, and examines the prospects ahead in the '70s. A feature of the report is a look at one of the Street's most outspoken personalities. Dreyfus Corp.'s Howard Stein, who was interviewed at length by Correspondent Roger Beardwood. Indeed, Beardwood even accompanied Stein on a brief trip to Ireland,...

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