Small-stock fund managers can also trade thinly capitalized issues without moving the market.
Prices of most actively traded tax-exempt municipal issues were unchanged on the day, dealers said.
Participants said that prices of most actively traded issues dipped by about 1/8 point.
More recently he had studied world food problems, particularly as they relate to trade issues and the appropriate means of dealing with food reserves.
If competition is virtually irrelevant to trade issues, why haven't economists who know better said so?
The prices of most actively traded issues rose by more than a point, the traders said.
In the secondary market for municipal bonds, prices of most actively traded issues rose by about 1/8 point.
Prices of most actively traded corporate issues fell by about 3/4 point, dealers said.
Meanwhile, municipal bond traders said that prices of most actively traded issues rose by 1/4 point.
Prices of most actively traded issues were unchanged to 1/8 point, traders said.