Business & Finance: Nervousness
The first upset in the post-election bull market came last week over a matter of $3. Sir Joseph Flavelle, head of the Canadian Marconi Co., a Canadian radio stock listed on the New York Curb, announced that $3 was too high a price for Canadian Marconi shares. Inasmuch as Canadian Marconi was being quoted at $27, Sir Joseph's tow Opinion of -the stock shocked Marconi speculators. Dropping perpendicularly at a speed that left the ticker far behind, Canadian Marconi dove to 15½ before trading in it was suspended. The stock had been riding on a rumor that Radio Corp. of America...
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