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...news good or bad, Wall Street seldom quivers twice over it. Last week the stock market not only shrugged off the anticipated drop in first-quarter corporate profits but sprinted to a new peak for 1967. Responding to growing indications that the economy will turn up later this year, the Dow-Jones industrial average climbed 13.87 points to close at 897.05. On top of earlier gains, that gave the market a 43.71-point lift in three weeks-for its strongest rally since January. And it left the Dow-Jones only an edge below the 900 level, which many brokers consider...

Author: /time Magazine | Title: Wall Street: Discounting the Dip | 5/5/1967 | See Source »

...gauges of the market show even more striking recovery. Standard & Poor's index of 425 industrials last week soared to an alltime high of 101.16, and the ten-month-old composite index of all 1,267 common shares traded on the New York Stock Exchange reached a new peak...

Author: /time Magazine | Title: Wall Street: Discounting the Dip | 5/5/1967 | See Source »

...setbacks and were buying in expectation of a strong year. General Motors gained $5.25 a share despite a 34.5% plunge in profits (see following story). Chrysler, which rose $2.63 two weeks ago in the face of a 71% profit dip, added another $1.75 last week to reach a 1967 peak of $44.25. When Du Pont reported a 24% profit decline two weeks ago, its shares jumped from $147 to $158.25; last week Du Pont traded as high as $167.50 before easing back to close...

Author: /time Magazine | Title: Wall Street: Discounting the Dip | 5/5/1967 | See Source »

...said, 'Let us have your urine while you're being shot at.' " As it happened, all Viet Cong attacks were aborted before they could reach the camp. But that made no difference to the Bourne study. The men were under relentless cyclic stress, which reached a peak every evening with the prospect of a night attack. One day when intelligence said that an attack was expected, 30% of the G.I.s developed "the G.I.s"-diarrhea. But all, like the medics, showed normal or subnormal levels of stress hormones...

Author: /time Magazine | Title: Psychiatry: Stress in Fight & Flight | 4/14/1967 | See Source »

...largely on contributions from a small number of conseravtive adults (rather than membership dues), is far and away the most impresive of any student political organization; and, YAF policy appears, not coincidentally, to be tightly managed in its national headquarters. From its founding in 1960, YAF grew to a peak in grassroot support during the Goldwater-Johnson campaign of 1964. Since then, YAF has probably been best known for its efforts in behalf of the administration's Vietnam policy -- demonstrations of support for various escalations toward a "military victory," blood donations, Christmas packages for the troops, and so forth...

Author: By Richard Peterson, | Title: Hippies Are The Most Radical Dissenters | 4/14/1967 | See Source »

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