Word: peakes
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Dates: during 1950-1959
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...most of the trustees, David Henry was fully satisfactory. As executive head of Wayne from 1939 to 1952, he had seen enrollments rise from 11,800 to a peak of 18,300. He added $20 million worth of buildings to his plant, watched Wayne's one-block campus spread out to cover 20. But like most college presidents of the postwar years, he had also brushed with controversy. To at least one Illinois official-Vernon Nickell, the state's superintendent of public instruction and powerful ex officio member of the board that made Henry highly suspect...
...such measure is the dividend yield of stocks, now at 4.85% v. 3.3% in 1929. Compared with the yield of corporate bonds, stocks are in an even stronger position. They pay one-third more than bonds now, v. only two-thirds as much at the market's peak in 1929. Furthermore, there are still many companies whose stocks would be worth more dead than alive, i.e., their liquidation value per share, based on assets, is greater than the market price. Another yardstick: stocks now sell at an average of 13 times their earnings per share v. 21 times...
...statistic has spelled for Wall Streeters the excitement and romance of the Roaring Twenties. The figure was 381.17, the highest closing point reached by the Dow-Jones industrial average in the 1929 bull market. In all the years since, investors hardly expected the market to reach such a peak again-until this year. Last week the big bull market of 1954, which has been surging up for five straight weeks, finally crashed through the 1929 industrial high...
...know whether the market is." Some of the other indicators showed just what he meant. The Dow-Jones rail average, though at a high for the year (up 2.55 points last week to 132.27), was still almost 60 points below its 1929 peak; the utility average (up a fraction of a point to 60.75) was more than 80 points below its high. Among other standard Wall Street guides, there were similar discrepancies. The New York Times average of 50 representative stocks, at 253.55, was 50 points below the 1929 high, while the Herald Tribune average of 100 stocks...
...Americans receive hospital treatment, 584,455 in mental hospitals (the load was 352,279 twenty years ago). Among major diseases, the biggest gainer is polio (57,879 cases v. 1947's low 10,827); the biggest loser is syphilis (165.853 cases v. 1946's peak...