Abstract

Finance
Noyes, Alexander P. | April 4, 1918 issue

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From the events of the past week of suspense with a battle raging on the western front which is not only, in scope, extent, and fury, the greatest in history, but whose outcome may determine the result of the European war, two things will stand out in recollection. One is the fact that the whole community changed promptly into a mood of quiet confidence. The other was that the Stock Exchange, whose action reflects the balance of true financial judgment at such times as this, which had ended the previous week with the market failing rapidly, turned about after ten minutes of declining prices and advanced during the rest of the week.

See Also:

STOCK exchanges; FINANCE; WAR; SECURITIES trading; BANKERS; SECURITIES markets
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