Word: stockmarket
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Dates: during 1950-1959
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...Recently I reread your March 24 cover story, "The Recession-How Deep? How Long?", and you deserve an orchid for 20/20 foresight. The stockmarket's action in the last seven months, rising almost 100 points on the Dow-Jones industrial average, has justified your cover captioned "Wall Street Bull: Spring, 1958." Forecasted pickups have likewise occurred in housing, steel and autos-to mention just a few indices -and you are to be commended for your courage in publishing this article when the recession was close to rock bottom. JULIUS M. WESTHEIMER Baltimore...
London's stockmarket soared to an all-time peak last week. For the first time in history, the industrial index of the Financial Times broke through 200, climbed a record 5.8 points to a new peak of 204.4 before it eased off. In one day, market-leading Imperial Chemical Industries rose 1½? to $7.70, Courtaulds climbed 45½? to $6.30. Steels, machine tools, electrical equipment companies all headed upward. Not only were Britons busily buying, but Americans also gave the market a boost as they snapped up stocks. On the American Stock Exchange, I.C.I...
...little tired of seeing Professor Arthur Schlesinger, Jr. play the political stockmarket by screaming every time anybody mentions the word Yalta...
...should discontinue these hearings?" he asked. Said Humphrey: "I do not think I would care to advise this committee on what its functions are and what it should do." New York's Republican Senator Irving Ives wanted to know if Humphrey had heard "anything today about" a stockmarket crash. Said the Secretary: only "in the hearings of this committee...