Time Clock, may 26, 1958

LOW-PRICED STOCKS are rising

fastest this year, reversing longtime

trend that favored costlier issues.

Analysis of 1,064 stocks listed on

New York Stock Exchange found the

following price gains since Dec. 31:

$1-$10 Up 27%

$10-$20 Up 19%

$20-$30 Up 16%

$30-$40 Up 13%

$40-$60 Up 11%

$60-$70 Up 4%

Over $70 Up 5%

STUDEBAKER SMALL CAR will be company's hope for survival in U.S. auto race. It will roll out a small car, shorter and cheaper than its Scotsman, which has a wheelbase of 116½ inches and lists for as low as $1,795.

NO-SHOW FINES for air passengers who book seats but fail to show for flights will be dropped in August. Though fines...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!