Word: bradstreets
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...thoroughly publicized as the Roosevelt bull 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...
...started in 1860, is compiled from more than 200 items. The magic base of normality-100%-is not used. Instead, figures expressing a total in which each item is "weighted" according to per capita consumption, allow the index to run where it will. For customers used to the Bradstreet index started in 1892 Dun & Bradstreet also computes the combined per-lb. prices of 96 items. This monthly index was at $6.35 in March 1933, is now at $11.14. The Annalist uses a long list of commodities with 1913 as 100. For its old-fashioned readers the Annalist also calculates...
...called him from Forest Park Presbyterian in Baltimore. That sum was bequeathed to Broadway Church by its longtime Fundamentalist pastor, Rev. Dr. Walter Duncan Buchanan, who died last year, aged 74, worth $1,086,576 which he had largely acquired by marrying into R. G. Dun & Co. (now Dun & Bradstreet). Dr. Buchanan appointed three devout Presbyterians as watchdogs to see that his church should have the $77,296 only so long as its pastor adheres to "the Presbyterian Confession of Faith in the U. S. A. as of the year...
Said Dun & Bradstreet: "During the week there was a complete transformation of sentiment as the hopes for a rather far-removed improvement were replaced by a realization that the immediate future is to bring the sharpest rise that has been witnessed in business in the past quarter of a century...
Said Dun & Bradstreet several days later in a hasty disclaimer: "No significant information justified the inadvertent and unauthorized departure from our policy of not making predictions as to the future business trend...