Abstract

Finance
Hazlitt, Henry | April 25, 1918 issue

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The article presents information on the stock market situation during the war time. U.S. Steel common stock, the leader of the market in both activity and movement, closed on March 20, the day before the German war drive began, and before any definite suspicion of it, at 91%. On March 26 it had fallen to 86.5, but on the afternoon of Wednesday of last week, nearly a month after the offensive had commenced, while gains were still continuing. The British Government 5 per cent bonds at 93% a the opening of the battle declined only to 93% in the first week of fighting, and were quoted on Thursday of last week at 94%.

See Also:

STOCK exchanges; WAR; STOCKS; SUSPICION; PROFIT; GOVERNMENT securities; UNITED States
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