Word: peak
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Dates: during 1950-1959
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...that level the industrial average was less than ten points below the 1929 peak. But last week Wall Streeters could point to good reasons for the market being where it was-or higher. Even at their current levels, the stocks in the Dow-Jones industrial average are paying dividends at a rate of 4.9% v. only 3.48% in 1929. In terms of 1929 dollars, stocks now would have to be selling almost twice as high to be equal to the 1929 peak. Furthermore, in 1929 the prices of many stocks were based on paper values; in the present market, many...
...Jayvees' main offensive weapon is right halfback Jim Damis, sophomore who reached his peak against Princeton by scoring three touchdowns in the last eight minutes. Also starting in the backfield will be Larry Halpern at left half and George Nager at fullback. Both are juniors who can run very well once given the ball...
Secondly, the Army and Princeton games have probably put many other Yale players over the peak, physically. The injury reports which have filed out of New Haven this past week, like the ones every other year for the past 32 years, are likely to be deceiving. But there's little doubt that the Yale team is somewhat worn down--after the Princeton game Captain Thorne Shugart and two other players spent the night in the Yale infirmary, resting from exhaustion...
...heavy buying had sent the Dow-Jones industrial average up 7.54 points to 361.50, biggest one-day rise since the war market of Sept. 5, 1939. Next day the industrial average pushed ahead another 5.45 points and closed at 366.95, a new bull-market peak. The utility average, which had been sliding almost steadily for a month, spurted 1.16 to 58.94; the rails jumped 1.72 to 121.65, a new closing high for the year...
WEST GERMAN STEEL will soon be up to its prewar peak. October production hit a record 1,780,000 tons, some 38,000 tons better than the best previous postwar mark. Estimated total 1954 production: 19 million tons, only 440,000 tons short of the alltime high...