Stockmarketeers found a suddenly strong market, hazarded various and unconvincing explanations, decided not to look the gift horse in the mouth. For the first time since June, a single day's trading passed the 4,000,000-share mark. The ticker once again fell behind, a full 25 minutes. Many stocks were pushed to new high levels for all time. Among them: U. S. Steel, Adams Express, International Nickel, American Express, Allis-Chalmers, Fleischmann, Victor Talking Machine, Loose-Wiles Biscuit, Commercial Investment Trust. Soaring, too, were Montgomery Ward, Chile Copper, Commonwealth Power, Anaconda, Coty Inc., Eaton Axle & Spring.
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