Wall Street: One Hectic Week

(See Cover) Tens of thousands of Americans crowded into the board rooms of the nation's 3,400 brokerage offices last week, gathered for a somber performance.

"Well," sighed one tape watcher in the Beverly Hills office of Ira Haupt & Co., "now I've got 30% less than I had last Friday." A young Chicago couple stared glumly at their living room wall, where a petit point sampler proclaimed "God Bless Fairchild Camera." Across the land, 15 million investors reluctantly emerged from a dreamland of perpetual capital gains and grimly focused their attention on the...

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