Word: bullishly
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...York Stock Exchange. Performing in a spectacular manner, that great market once again proved its world leadership. There were cheers when United States Steel again crossed par, a triumphant return from the recent nadir of $831. Twenty-six leading stocks gained $4,159,000,000 in value. Bullish rumors ran wild; there were tales of tremendous pools being formed, huge mergers in the making. Concrete bullish news, in addition to the moratorium, was the favorable decision to Radio Corp. (see p. 12), the raising of the wholesale cigaret price, the declaration of the regular dividends by Westinghouse, Anaconda, Baltimore & Ohio...
...boom days of 1928 a stock called Alaska Juneau sold for $1 a share and this year it has sold for $20. It is, of course, a gold-mining stock-the one kind of stock which Bears can logically be bullish on- for when everything else goes down, gold becomes more valuable. Last week Wall Street brokers had a tall tale to tell of a fight among the bears which centred on Alaska Juneau and made it the most exciting stock on the Exchange...
...addition to landscape gardening Mr. Kurihara has been sincerely interested in literature. To his several hundred clients he has started , sending market letters. Especially interesting was a letter he sent out last week which was headed "The beautiful and cheerful spring market" and which took a very bullish stand on Auburn which "has been pushed questionably up from...
...began in 1921 when the stock was $25, ended in 1923 when it was $104. At that time he said the stock should go to $400. Although at last week's prices Gulf was selling at double its 1931 low, speculators apparently did not share the enthusiasm of the bullish colonel from Birmingham. On the day that it became known he had started another campaign Gulf dropped $22 a share...
...three weeks prior to Washington's Birthday, stocks churned higher on big volume. Bullish rumors flooded Wall Street. There were stories of big bears trapped; of big deals brewing. International Telephone & Telegraph gained 100% over its January low and there were tales that it will again attempt to buy Radio Corp.'s communication business. Auburn leaped from $101 through $210 and bulls said they heard that General Motors had agreed to use Auburn's free-wheeling patents. Once again the names of Mike Meehan and William Crapo Durant were heard where speculators gathered...