Business & Finance: Wildest Day

Radio seethed at Post 20, boiled its way up 22½ points to close at 297½. Short, stubby, Michael J. ("Mike") Meehan, Radio specialist, rumpled his red hair, blinked behind his glasses. Far away in Chicago, Arthur W. Cutten, bull operator in a dozen stocks, declared Montgomery Ward will reach 1,000. Grey-haired Gen. Oliver B. Bridgman stood at Post 2, noted U. S. Steel transactions in his book. They totaled 160,000 shares.

Indescribable was the confusion. When William Crawford rang the final gong at 3 o'clock, few traders heard it. Exhausted brokers knew it...

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