Blue chips still the leaders.

The author looks at the state of the U.S. stock market in October 1954. He points out that the blue chip stocks like E.I. duPont, Standard Oil and General Motors are leading the rise. He recommends continued investing in prime stocks, not over-extending margin accounts, and more selective buying of new investments. He also advises against investing in stocks abroad, except in Canada because of its growth potential. He mentions his preferred stocks.