New Life for an Ancient Market.

The article focuses on the revival of short-term financing through the sale of commercial paper in the open market in 1952. It says that the volume of commercial paper has increased by 565 million dollars according to the Federal Reserve Bank of New York, showing signs of revival in the open market, which has been used for more than 140 years to supplement short-term bank loans. It mentions several types of borrowers on open-market paper including textile companies, millers, and fabricators.