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Wall Street Talk Highlights 1957 Dow Trend and Company Forecasts
Wall Street notes a 1000 car daily dip in carloadings since Labor Day, Continental Casualty foresees a 20 million premium rise but a halved operating profit, and American Machine & Metals expects a 5 to 10 percent 1958 sales gain with stable margins. F J DuPont study shows Dow Jones up 24 of 30 years since 1927. White Motor plans higher track output after November orders surge. Southern Nevada Power to exceed 1956 earnings by at least 10 cents. Market analyst Maynard cites market resilience to bad news and an upward line of least resistance.
MENTIONED IN THIS ARTICLE
Continental Casualty
American Machine & Metals
F.J. DuPont
Dow Jones
White Motor
Southern
Nevada
Walter Maynard
Shearson Hammill & Co