STOCK INVESTORS stood a 60% chance of coming out ahead last year, if they bought shares at random on the New York Stock Exchange. Of issues listed on big board, 623 rose (most of them well over 10%), while 413 fell, most of them less than 10%. In all, 100 issues jumped 50% or more.
MUTUAL-FUND sales soared from about $1.9 billion in 1958 to record $2.3 billion last year, are expected to add another $2.5 billion in 1960.
TEN TURBINE HELICOPTERS, seating 25 passengers each, will be bought for $9,000,000 by New York Airways, with subsidy help that now runs $2,000,000 a...
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