Lively Market for Books and Magazines
A Phenomenal rise in sales of books and in the circulation of magazines is making it increasingly difficult to contend, as used frequently to be done, that the United States is becoming a nation of non-readers. The current boom in books for juveniles likewise seems to expose the needlessness of worrying over whether children are being taught to read. Even television, repeatedly deplored as the thief of reading time for young and old alike, is proving in some cases to act as a spur to reading.
Book sales have been going up steadily for a decade, putting book publishing into the big business category and boosting the value of shares of publishing corporations traded on stock exchanges. On the other ...