Word: record
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Dates: during 1950-1959
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...understatement indeed in a week when the stock market again surged to new highs, but it was the best explanation Wall Street had to offer for what has become the most spectacular phenomenon of the 1958 business recovery. On all but one day last week, stocks climbed to new records, closed the week at 564.68 on the Dow-Jones industrial average, up 10.42 for the week to an alltime record.* The Dow-Jones industrial average, most volatile of the averages, and Standard & Poor's index of 500 stocks weeks ago exceeded their alltime highs; last week, at long last...
...funds (about 90% are selling under $25) is a big reason for their appeal, although the funds, in turn, drive the market higher by buying large blocks of high-priced blue chips. The National Association of Investment Companies reported this week that sales of mutual funds rose to a record $171 million in October, up from $128 million only a year...
...strongest customer is still the U.S. In September foreign cars reached a record 10.3% of the total market, almost triple last year's 3.5%. Estimates are that exports to the U.S. will hit 350,000 cars this year, climb to 500,000 in 1959. Britain's Vauxhall already sells as many cars in the U.S. as it does in Britain, and Italy's automakers, who shipped a mere 61 cars to the U.S. ten years ago, expect this year to sell 25,000 worth some $30 million...
CONSTRUCTION BOOM will lift building outlays 7% to an all-time record $52.3 billion next year, say Commerce and Labor departments. Increases in highways (to $6 billion) and housing (to 1,200,000 units) will account for 80% of the gain...
Radiation Tab. Tracerlab, Inc. of Waltham, Mass, has developed the first film badge to record quarterly as well as weekly radiation readings from the more than 300,000 Americans (dentists, radiologists, X-ray technicians, etc.) whose work exposes them to radiation. Thirteen times more sensitive than present weekly film badges, Twin-film Service reduces the risk of overexposure...