BUSINESS ABROAD: Brother Bulls

In stock exchanges all over the world, blood brothers of Wall Street's bull were on the rampage last week. Good business abroad, peace, and confidence in the U.S. economy as the bulwark of the free world combined to create the greatest stock boom the world has ever seen.

Great Britain. On London's Thread-needle Street, where stocks have gained an average 38.5% in the past year, prices on the London Exchange last week hit a new 1954-55 high. Transactions in a single day totaled 18.836. highest in more than seven years. Fed by bigger dividends (up 20% in 1954) and high...

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