Facts & Figures, Jul. 21, 1947

New Bull Market? The stockmarket, moving onward & upward for the eighth week in a row, reached a new high for the year. This prompted some financial writers to talk about "the new bull market now under way." The Dow-Jones industrial averages climbed 3.01 points to 184.77, the highest since last August.

Narrowing Gap. Northwest Airlines, Inc. inaugurated the first regular service from New York to Tokyo, Shanghai and Manila via the "Great Circle" route—i.e., over the Aleutians and northwest Pacific. The new route will be flown thrice a week, will shorten trans-Pacific...

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