Word: dows
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Dates: during 1950-1959
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STOCK GAINS in the next two years may push the Dow-Jones industrial average as high as 500, nearly a 25% rise, predicts FORTUNE. Barring war and no recession worse than the 1953-54 slump, stock dividends will jump 48% by 1957, and 65% (to a total of $16.5 billion) by 1959. Gross national product will soar an estimated 16% to $440 billion in the next four years...
Some of the rugmakers are even experimenting with Orion and Dacron as rug fabrics. One of the newest: Masland's Saranette line ($11 a sq. yd.) made from Dow Chemical's Saran, which is softer than nylon and has the advantage of being almost impervious to ordinary stains...
Optimistic Wall Streeters continued their broad and heavy trading (well above 3,000,000 shares daily), by week's end pushed the Dow-Jones industrial average up 4.23 points to 413.99, a new record...
Wall Streeters took note of all the favorable developments. By week's end, on rising volume, they pushed the Dow-Jones industrial average up another five points to 409.76, a new bull-market high...
...good news came out the Dow-Jones industrial average rose 8.8 points, to 404.68, near the bull market peak...