Word: higher
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Dates: during 1950-1959
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...bull market worked its way up to still higher ground, closed at 513.03 for the week on the Dow-Jones industrial averages...
...take into account a new cost factor: an increase in the price of steel. The increase will be based on 1) inevitable wage boosts and 2) the need for cash for expansion. Last week Ernest Tenner Weir, chairman of National Steel, fifth biggest producer, touched off the campaign for higher prices...
...companies turned in rich earnings reports. Socony Mobil announced alltime high sales of $1.7 billion for 1955, with earnings of $207 million, up nearly $24 million from 1954. Gulf reported 1955 sales and service revenue of $1.8 billion, with profits of $218 million, 19% higher than...
...HIGHER RAIL FARES are coming on 89 eastern and western railroads. The roads are asking for a flat 5% fare increase on all trips west of the Mississippi and north of the Potomac and Ohio Rivers. They will probably get it, since the ICC is sympathetic to their claims of a $700 million annual loss on passenger operations...
...about $20 billion worth of inventories was adequate; in 1956 the U.S. needs four times as much to make sure that booming consumer demand is satisfied. With fore casts of a gross national product of $403 billion for 1956 (up $16 billion from 1955), inventories will creep still higher to keep pace with future sales. Moreover, because of increased distribution efficiency, the all-important ratio of inventories to sales has been dropping, reducing the danger of overloading. While the 1939 manufacturers' inventory level was enough for 2.1 months of sales, 1955's level was down to an average...