Word: eight-month
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...industrial blade of Dr. Burns's scissors, however, would have to move still faster to close the gap with the financial blade. Last week stock prices continued their eight-month advance. Among the most active stocks were Studebaker (up 2¾ to 18) and Packard (up ⅝ to 4) on reports that a merger of the companies would be announced shortly. The Dow-Jones industrial average rose 1.4 points, closed the week at a new 25-year high...
Reports from other segments of the economy indicated that a traffic jam was building up on the road back. Items: ¶ Sales in 44 chain stores and mail-order houses in April reversed an eight-month slide, pushed 4.4% higher than a year ago. ¶The stock market hit another new high; Dow-Jones industrials rose 1.20, to 322.50. ¶The bond market was booming. Connecticut's first $100 million bond issue for its $398 million toll expressway was snapped up by 250 investment bankers. The Treasury Department offered $2.2 billion in 4¼-year notes, got so many...
...pillories politicians of the center as well as those of the left. Three years ago, a Candido cartoon depicted President Einaudi (some of whose income is derived from vineyards) reviewing a troop of wine bottles. Caption: "These are the warriors of the Republic." For "vilifying" Einaudi, Guareschi drew an eight-month suspended sentence...
Last week the stock market reached an eight-month high as the Dow-Jones industrial averages rose four points to 280.23. Among the week's leaders: Du Pont, up more than three points to 105⅜; General Electric, up seven points...
When Brownell finished, G-Man Hoover took the stand. In an eight-month period beginning Nov. 8, 1945> he said, the FBI had sent seven communications to the White House discussing Harry Dexter White's espionage activities. Hoover had also told his direct superior, Attorney General Tom C. Clark, that it would be unwise to permit White to serve in the international monetary job. Snapped the FBI chief: "At no time was the FBI a party to an agreement to promote Harry Dexter White and at no time did the FBI give its approval to such an agreement...