Word: annalistes
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...market. But the world is full of a number of things just as important to industrial civilization as staples. For a broad view of commodities the businessman leans on the big wholesale price indices, typical of which are those computed by Dun & Bradstreet, the Department of Labor and the Annalist, financial weekly published by the New York Times. Last week a 23-year picture of these indices looked like this...
...Annalist...
Even imported commodities had a part in last week's show. Rubber sold above 16½? per lb. for the first time since 1929. In one day silk shot up 5? per lb. to $1.67. The Annalist's wholesale commodity index registered the sharpest weekly gain since the 1933 inflation scare. Only items likely to be depressed by drought are meat and hides, and those only temporarily. Slaughtering of cattle in drought areas increases the immediate supply. No trade was more agog about the commodity boom last week than the butter market. Like eggs, butter has an annual...
Also worried by Labor was the Annalist, which suggested: "It is easily possible to overemphasize the importance of strikes in the general business outlook. There have been numerous instances where strikes . . . have actually improved the statistical position of. an entire industry by curtailing production. . . . But there is much to indicate that the problem of labor relations constitutes one of the danger spots in the business outlook for the next few months...
From the Blue Eagle's death last May to the peak of the autumn upswing, the Annalist index of business activity' rose from 79.3 to 94.8, highest point since the spring of 1930. In the first two months of this year the Annalist index lost about 40% of that 1935 gain, partly because of bad weather, partly because of a sharp drop in automobile production after the year-end. Having passed its winter low, U. S. business was once again on the rise last week, and, though flood conditions will undoubtedly distort the standard business indices...