Word: peak
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...other hand, it was noted that more people were seeking nightly shelter in the subways than at any time since the great blitz of 1940-41. And Minister Morrison warned that the robot barrage might not yet have reached its peak...
Three More Months. Barring unexpected catastrophes of battle, the war peak will be reached in three more months, stay on a plateau for a little while, then start downward. Some war items may even be stepped up (e.g., tank production, only a trickle for months, was ordered into high gear last week when beachhead tank losses in France were bigger than anticipated; in addition, Rear Admiral Emory S. Land announced that merchantship production would soon be stepped up). But a scheduled cut in overall war production is at last in view. Then the U.S. will be smack up against many...
...hours, and twice during the week the tickers lagged. Up went the Dow-Jones industrial averages to 147.28, highest since May 10, 1940, when the Nazi strike into the Lowlands started the market on a long slide down. The rail average rose to 41.23, a seven-year peak...
...minded fence-sitters, who buy & sell according to the famed Dow market theory, finally had satisfactory statistical evidence of a bull market. Since last July, when the market stumbled after a long rise, Dow theorists have anxiously waited for the market to "prove itself," i.e., break through the July peak, or slump into a full grown bear market. Last week's breakthrough supplied the bullish proof...
...swarm of little buyers who jumped into the market last week. Till then, the slow rise of the market had been paced by the high-priced Blue Chips (TIME, June 12). These were still popular, but they were being rapidly shouldered out by cheap stocks. On the peak day all but one of the most active stocks sold for under...