Stocks remain in the trading range which has existed for the last several weeks and new stimulus to be needed to drive them leither materially higher or lower. The business expansion which should be evident during September and October may encourage a firmer market though the realisation that profits are: being sacrificed for larger wage payments will act og 8 deterrent to stock purchases. The probability perhaps the inevitabi ity—of further inflation will act as check to all declines, however, and should eventually bring about @ n in stock prices to new high if this
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