Wall Street: Testing a New High

The stock market tried last week to hurdle the magical 900 mark on the Dow-Jones industrial averages but at the last moment shied away like a nervous horse. Twice during the week, while Wall Street watched with fascinated suspense, the market edged above 900 for brief periods during the day. Each time, however, scared that it had gone too high too fast, it retreated. After eleven straight days of advance, it closed on the day before President Johnson's oath-taking at 896.27, a new record, then eased off to end the week below 894....