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The article reports on the addition of a drawing of the Virgin by Leonardo da Vinci to the art collections of the Metropolitan Museum in Manhattan, New York City. The drawing was done in black and red chalk on specially prepared paper and has the left-to-right shading favored by the left-handed artist. The subject of the painting features a tight yet tender, fleeting yet eternal smile. It was bought for 22,400 U.S. dollars at an auction in London, England.

Presents a letter to the editor referencing articles and topics discussed in previous issues. Account of "bond money," or negotiable, noninterest-bearing bonds issued by the government as legal tender in payment for public construction work; Reflection on The Stage Society, New York City that hopes to serve as much as the London Arts Theatre, London, England producing the plays of famous writers; "Terrible Trib's," which focused on the attitude adopted by the unemployed in order to fight the economic slump; Suggestion in signing the Twentieth Century Fund report, which recommends reconsideration of the war debts; Misrepresentation of Hunger March in Washington as the newsreels were condensed and edited in commercial theatres.

The article focuses on music in London, England. Whereas New Yorkers had the opportunity to listen to three opera companies during the past season, London has had only two. The attempt to revive Italian opera has not proved a success, as may be inferred from the remarks of the two leading musical papers. On the whole, London must yield the palm to New York in operatic and concert affairs. But in chamber music and choral organizations London is far ahead of New York. Chamber concerts are usually given by orchestral musicians, who are very good in their own sphere, but who lack the delicacy and individuality required in a string quartet.

Presents the socio-economic conditions of the world with emphasis on the U.S. economy. Effect of U.S. President Herbert C. Hoover's anti-depression plan on the international moratorium; Depiction of Hoover's plan as a plan used to stop the flooding of the market with securities and to give bank relief; Announcement of Indian leader of independence Mahatma Gandhi that he is willing to visit the United States, at the conclusion of the London, England round-table conferences on Indian independence; Account of anti-Gandhi campaigns that will follow on Gandhi's arrival in New York; Recommendations of U.S. adviser W. Cameron Forbes to the native government of Haiti on the issue of amelioration of Haiti's economy; Assessment of the U.S. policy meant for the welfare of Caribbean island, Porto Rico (Puerto Rico); End of the publishers' price war with beneficiary results on the U.S. economy.

The article focuses on the rush to exchange dollars for gold which sent its price up to 41 dollars an ounce in London, England in October 1960. It says that speculators want to pay as much as 40 dollars an ounce for gold in the free market of London, which is far above the 35 dollars an ounce being offered in New York. The factors that led to the gold rush include the overall deficit in the U.S. balance of payments and the wide spread between short-term interest rates in Europe and New York.

The article focuses on a work entitled "A Voyage to the Mauritius and Back," which was published in London, England. It states that the work covers a capital story regarding the Chatham-street auction system, which is said to be not peculiar to New York. It mentions that the subject of joke in the work was an Indian officer in Cape Town, South Africa.