Commodity market trading - International Business Machines, the recent leader, did not appear in the early group.

American Telephone & Telegraph Co. moved up to a high rank only a short time ago. Oil stocks are currently less popular than they were. Nevertheless, taking the entire fifty stocks, the persistence of oil and gas equities as the top group, despite their reduction in value since the end of 1956 (partly owing to sales by investment companies), is noteworthy. The constant relatively large investment in public utilities and chemicals and rugs also stands out. The selections of experts and of small investors make an interesting comparison.

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[tags]Commodity Trading Book[/tags]