General Robert Wood, Chairman of the Sears Roebuck & Company finances committee wears a smile as he testifies today during the Senate Banking Committee study of the stock market and its 18th month old boom. Wood said the firm's profit sharing pension fund has 90 million dollars in cash which it won't invest for the present due to the uncertainty over market conditions. Today's stock prices may not be too high, he said, but on the other hand I don't want to risk my employee's money."

Photo is dated 1955.

Photo measures 8 x 10 inches.