TV Parade

"Television," said Manhattan's Bache & Co., "continues to be the industry with the most dynamic outlook for 1950." Most Wall Streeters seemed to think so too. Day after day last week, television stocks, which have been leading the advancing bull market, skittered up on the New York Stock Exchange, giving the whole list a fillip. Emerson Radio & Phonograph, which had been as low as 15 only 4½ months ago, soared 4⅝ points to 26⅞. Admiral Corp., which jumped from 18 to 29¼ a few months ago and then split its stock two for one, was back up to...

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