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...