October 19, 1947

The market for high-grade corporate bonds is still teeming with readjustments provoked by its most drastic readjustment of yield relationship in recent years. Price levels are awaiting the ministration of a market influence decisive enough to dispel the uncertainties in which the secondary transactions are still substantially inveloped, and to rationalize the underpricings and overpricings that are said now to abound.

J Adikes urges legis to ease branch bank curbs

J N Butterly criticizes plan for veterans use of State bonus to finance co-op homes; urges tax exemption on GI homes

Moves to larger qrs, Forest Hills; staff changes