Word: outruns
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These two are among Wall Street's 50-odd closed-end investment trusts (i.e., with fixed amounts of stock on the market), and are favorite stocks for speculators. Since they are "high-leverage" stocks,* they usually outrun the general market both up & down, and speculators give heavy play to both Tri-Continental and Selected whenever the market shows signs of a major move. In the 1950-51 bull market, for example, the common stocks of Tri-Continental and Selected both scooted up about 50%, v. a mere 25% rise in the Dow-Jones industrial average...
...Maritime Administration last week ordered 25 freighters fast enough to outrun submerged submarines. The new "Manners" will be bigger than World War II's Victory ships (560 ft., 12,500 tons v. 455 ft. and 10,850 tons), faster (20 knots v. 15 knots), and will carry sub-spotting helicopters. The freighters will be built by four companies,* within two years. Total cost: $200 million...
...before it nothing less than a reappraisal of basic U.S. attitudes and policies in world affairs. Events-Korea, the U.N. mess, Eisenhower's electrifying trip through Europe, the wage & price freeze-have overtaken the old policies and outrun the old pace of U.S. action. In a sense, the NSC is considering whether to advise Truman to adopt consciously, officially and essentially the broad policy to which he has already committed the U.S. by piecemeal actions...
...Crimson's zone defense kept B. C. baffled for the first part of the game, but very fine passing and ability to outrun their opponents enabled the Eagles to break through with increasing frequency...
...Bruins ran up a big score over Rhodo Island State (55 to 13), and gamely battled Colgate (34 to 35) and Rutgers (12 to 15), but were apparently quite outclassed and outrun by Yale (36 to 12), Holy Cross (41 to 21), Princeton (34 to 0), and Pennsylvania...