Word: risen
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Dates: during 1950-1959
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...market had risen steadily for a year and, traditionally, such a rise usually has a reaction that knocks the industrial average down as much as one-third of the gain. This was just about what last week's loss amounted to. Thus, barring too much bad news, many traders thought that the market would now find a firm footing around the current level. But whether it would start up again depended less upon earnings and economic facts than upon the psychological building up of confidence again in the bull market...
Meanwhile, professors are already suffering. Teachers' salaries have risen only 30% since 1940, while the cost of living has gone up about 70%. Yet, as their in comes dwindle, teachers can expect to take on a greater load than ever before. It is also highly questionable whether higher education will always be able to afford such honored academic gilding as the sabbatical...
...York Times index of 50 stocks, which up to then had not broken through its 1946 high mark of 148.50 (TIME, June 5), shot up to 148.53. This new breakthrough started a new rush to buy. By week's end the Times index had risen to 150.35. This week the rising Dow-Jones industrials hit 228.38, the highest mark the bull market has yet reached...
...coming 5? tabloid Mirror, which claims its circulation has risen from 161,188 to 193,924 in the last six months, plumped in favor of the ordinance. But Hearst's Herald & Express (circ. 348,543), figuring that the law might cost it some 12,000 daily street sales, denounced the whole thing as just a Mirror plot...
...price of a poor stock and then unload it on unwary outsiders. Although the short interest (those who had sold stocks they didn't own in the expectation that the price would drop and the stock could be bought back at a profit for delivery) had risen to above 2,000,000 shares, there was small chance of any old-fashioned bear raids. The trick of selling short while the market is falling and thus driving it even lower has been barred by SEC rules. Now short sales may be made only on the "up tick," i.e., when...