The big bull market, which showed signs of faltering early last week, bounded back at week's end, and pushed the Dow-Jones industrial average up to another alltime high of 394.94, a solid 4.86 points above the week before. Among the leaders were Douglas Aircraft, up 5⅛ one day, and 9 the next, to 113; Houston Oil and Mid-Continent Petroleum each rose more than 7 points. The market was also given a big boost as steel production climbed to 82.1% of capacity, a 1954 peak. Bethlehem went up 9⅜ points for the week, to 104⅛; U.S. Steel rose 2½, to...
To continue reading:
or
Log-In
