Word: bullishly
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...demand, steelmen plan a 25% increase in their capacity by 1965, another 25% by 1975. Others are just as optimistic. Planemakers, who have the biggest backlog ($3.5 billion) of civilian plane orders in their history, feel that they are just getting started. "Of course I'm bullish," says Boeing President William McPherson Allen, moving his finger along an upward-slanted line on a chart. "The volume of airline traffic is bound to go up like this each year, between 10% and 15%. The jet will tend to accelerate it by shrinking the world...
Mexico's government, presiding happily over a two-year-old boom, had fresh facts last week to justify bullish predictions for the years ahead. Items...
...With a bullish snort, the stock market last week regained about one-quarter of the 52 points lost since August. The Dow-Jones industrial average closed at 482.39, 15 points above the low at the start of the week. The upswing was almost identical to the surge from a 53-point drop last May. Said Wall Street Broker Harold L. Bache: "I look for higher prices and increasing activity in the market...
...feels bullish about the future of the soft-coal market, predicts an upswing in exports and domestic industrial demand...
Scattered preliminary first-quarter company reports bore out the bullish picture. Texas Co. President Augustus C. Long predicted better first-quarter earnings for Texaco than in '55; Consolidated Foods netted 29% more in the 36 weeks ending March 10 than in the like period a year before; Granite City Steel forecast a first-quarter record for steel shipments...