WALL STREET: 1000 Revisited?

Inflation rages unchecked, moves toward international monetary reform are stalled (see story following page), Washington is still shaken by scandals—so what is the stock market doing? Going up, of course. In the past six weeks, the Dow Jones industrial average has shot up about 100 points, recovering roughly half of its January-through-August decline. Last week the average got as high as 953 and closed at 947; three times, turnover on the New York Stock Exchange topped 20 million shares a day. The rising prices and volume may have generated enough commission income...

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