Show m r Jd 2 1 cm b Theodore W. W Crandall gets memory back after long tour Stocks Rocket Rockel To Highest Since Fall 46 NEW V YORK YORI May 14 UP The jp-The The stock market got a dollar billion boost joost from its bullish customers today oday L Leading ading shares gained from 1 to around 7 Many investors who trade according according according ac ac- ac- ac cording to chart indicators hailed the he upsurge as th the arr arrival arral al of a bull market in which they expect prices to rise for an extended period of time This psychology brought in other traders who though not chart theorists themselves wanted to o get in on the rising trend Such an avalanche of buying orders swept onto th exchange floor loor that the high speed quotation quotation quotation quota quota- tion ticker fell three and four minutes minutes min mm- utes behind actual transactions for extended periods during the day and was behind most of the thelast last ast hour Wall Street brokers brokers' wires 1 hummed with the moist niost active demand demand demand de de- de- de mand for stocks in 20 months Total Total Total To To- tal transactions t topped shares hares ares by a wide VIde m margin gin The sharp rally push pushed d average prices rices as measured by the Associated I aled Press index to their highest level evel since the thc 1946 post-Labor post day collapse Gains for the day added more than to the total market value of listed stocks stock Signal for the flood of pur purchase hase orders appeared to be the extended climb of industrial shares Chart followers and Dow theory adherents adherents adherents said the surge of the Dow- Dow Jones industrial avera average c through last ast summers summer's resistance level confirmed the arrival of oC a primary bull market Commission houses said traders with considerable funds for reinvestment reinvestment reinvestment rein rein- vestment had been awaiting just such a development They came into nto the market to buy and prices whirled upward Corporate bonds climbed with stocks Most cotton and grain futures also were in demand at higher prices |