Bawl Street

This year's Bawl Street Journal, annual Manhattan Bond Club parody of the marmoreal Wall Street Journal, tried hard last week to keep its cracks aimed below Canal Street. But its 14,000 Wall Street-wise chuckled most over an advertisement which read: "DEAL WITH US: No Restrictions, No Holds Barred, No Legal Opinions, No Balance Sheet, No Income Account: U. S. GOV'T BOND DEPARTMENT."

Other twits:

¶ Picketers pictured with placards reading "LEHMAN BROTHERS ARE UN- FAIR TO GOLDMAN SACHS."

¶ Front-page headline: "NEW COURT APPROVES 4TH TERM 41 to 9."

¶ Front-page story: "KUHN, LOEB FINANCE NEW STRIP TEASE MILL. Will Produce Cold and Hot Rolled Shapes and Both Wide and Narrow Strip Products. "/-

¶ Item on Senator Ashurst's introduction of a bill for the deposit of "hot money" in closed banks "to thaw frozen assets."

¶ Advertisement offering "MR. JAMES WARBURG'S Newest Book, 'Hell, I Bent Before Election!' "

/-Kuhn, Loeb has lately financed a new strip steel mill for National Steel Corp.

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