WALL STREET: Still Healthy

For the talk of recession, Wall Street still had a strong answer. Last week the Dow-Jones averages, which had been rising for four weeks, kept bumping against their ceiling in heavy buying. But profit-taking nipped the advances, and the averages ended the week a shade below their high. Utilities set a new high for 22 years and rails were also up, though still a good bit below the 1953 high. Bears could argue that the averages included only 65 stocks, thus were not the best measure of the market's strength. But many stocks not in the averages were also...

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