Bull market in stamps

February 15, 1991

The Dow Jones average has been surging this month for reasons that cannot be immediately explained by market analysts.

But we suspect we know what was behind the intermittent booms: There has been a land office business in the stock of 4-cent stamps, which have to be used with the many 25-cent stamps that are still left over.

Judging from our own desperation to avoid spending 50 cents to send a letter, we wouldn't be surprised if the sought-after commodity has been going for as much as a dime!

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