London's stockmarket soared to an all-time peak last week. For the first time in history, the industrial index of the Financial Times broke through 200, climbed a record 5.8 points to a new peak of 204.4 before it eased off. In one day, market-leading Imperial Chemical Industries rose 1½¢ to $7.70, Courtaulds climbed 45½¢ to $6.30. Steels, machine tools, electrical equipment companies all headed upward. Not only were Britons busily buying, but Americans also gave the market a boost as they snapped up stocks. On the American Stock Exchange, I.C.I, was...
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