Stooges

Cash Swoons Under Weather, Weekend Lethargy

“The Three Stooges didn’t fall as fast or as hard,” one traderremarked, as the usual weekend demand crunch, a bearish 6- to10-day forecast and Thursday’s futures market plunge were cited asreasons for the nearly universal drops of over a nickel. New YorkCitygate prices were among the hardest hit Friday, as Monday’shighpoint of $2.75 has given way to the mid $2.40s at the week’sclose.

June 14, 1999