Money and the Markets.

The article discusses the events in the U.S. stock market for the week ending October 23, 1937 where the market decline was broken as bargain hunters and speculators lapped up shares at low prices and buyers continued to sell. It reviews the stock market fall which started in the middle of August and discusses the reasons which precipitated the decline. Reasons cited included the accumulation of commodity stock inventory, the decline in profit margins as a result of higher costs of labor and raw materials and threats of war in Europe and the Orient.