Word: high
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Dates: during 1950-1959
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...Personal income in March rose to a new high of $368.6 billion at a seasonally adjusted annual rate, a gain of $3.2 billion from February's previous high of $365.4 billion...
...production, recovering all of its recession drop, is at a new high. The recovery has not only been faster than many an economist dared forecast a few months back, but has actually been faster than official figures showed. The Federal Reserve Board announced that overall industrial production in March rose to 147% of the 1947-49 average, a point more than the previous record of 146% in February 1957. The FRB also revised upward its February industrial output figure from 144%, as previously announced, to 145%. Most encouraging was the fact that the extra boost in production has come from...
After four weeks in the doldrums, the stock market came to life last week, pushed into uncharted territory. The Dow-Jones industrials clipped through the old high of 614.69, climbed 18 points for the week to a new record of 624.06. Reflecting week-by-week increase in car-loadings and higher rail earnings, the Dow-Jones railroads climbed to a new 1959 high of 168.92, up 5.81 for the week, and highest since 1956. What encouraged Wall Street about the advance was that the market leadership came from such old-line blue chips as American Telephone & Telegraph and International Business...
With furnaces pouring steel at record tonnages, the steel industry reported profits high, and still on the rise. Jones & Laughlin reported first-quarter earnings of $1.97 a share (v. 17? last year) on record sales of $236.4 million, predicted the second quarter will be even better. Armco Steel announced first-quarter earnings of $1.43 a share, more than 100% over a year ago. Equally soaring reports came from Inland Steel ("new first-quarter records"), Kaiser Steel (76? v. 46?), Pittsburgh Steel (66? v. a loss last year), Detroit Steel (83? v. a loss last year), Allegheny Ludlum...
...seesawing between 11 and 14, Tabell noticed what he calls a "strong technical pattern," predicted an "upside potential" of 34 if the stock got above 14. When it did rise, leveling off around 34, Tabell's chart showed a new potential of 44. American Motors sold as high as 43⅜ by January, then slid back to 25½ before climbing back to 38¼ last week. Tabell admits that charts are far from infallible; often two chartists will arrive at opposite conclusions. Therefore, when a stock attracts Tabell's attention by its price movements, he sends aides...