Word: closed
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Dates: during 1950-1959
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...Close to Horror. What the sickniks dispense is partly social criticism liberally laced with cyanide, partly a Charles Addams kind of jolly ghoulishness, and partly a personal and highly disturbing hostility toward all the world. No one's flesh crawled when Jack Benny carried on a running gag about a bear named Carmichael that he kept in the cellar and that had eaten the gasman when he came to read the meter. The novelty and jolt of the sickniks is that their gags ("I hit one of those things in the street-what do you call...
Wall Street's bull market last week made its biggest weekly jump of 1959. The Dow-Jones industrial average scooted up 15.51 points to close at 654.76. It was well above the previous alltime high of 643.79 set May 29. and more than 70 points ahead of where the average started on Jan. 1. Brokers expected the climb to continue. Not only was business news generally bright, but the record showed that industrials have advanced smartly in July and August in two years out of every three during the 20th century...
...rise, whole groups of stock have been left behind. Aircrafts were caught in an earnings downdraft caused by heavy investments in the new jets: during the first half Boeing skidded nine points to close June at 37½, Douglas dropped 10½ to 47½. Oils were burdened by heavy inventories and price cuts: Royal Dutch dipped 5⅜ to 42½; Standard (N.J.) slid to 51⅝; Gulf worried off 16 to 110. Among utilities, losses from two to five points hit Consolidated Edison, Southern California Edison, American Electric Power...
...April-June quarter showed that the gross national product annual rate rose $12 billion over the first quarter, $5 billion more than expected. Added to a $14 billion gain in the January-March quarter, this made a rise in the annual rate of $26 billion in six months, close to the $30 billion the President and his advisers predicted...
HIGHEST DIVIDENDS EVER are expected this year. Standard & Poor's found that in June there were 82 dividend boosts (v. 55 a year ago), only four cuts (v. 58) and 13 omissions (v. 40). It believes that "an unusually large number of extras will be voted near the close of the year, making 1959 the best year on record...