Word: indexable
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...readings. The Commerce Department announced that the U.S. trade deficit surged to a record $123 billion in 1984, far surpassing the $69 billion shortfall of 1983. The ! widening gap means that foreign manufacturers are increasingly taking business and profits away from American companies. The Government also revealed that its index of leading economic indicators, a barometer of future economic growth, dipped .2% in December. Finally, the Labor Department said on Friday that the civilian unemployment rate rose to 7.4% in January from December's 7.2%, even though the number of Americans holding jobs reached a record 106.4 million. Economists were...
...excitement is not limited to the Big Board. Indeed, the highest flyers are smaller, fast-growing companies traded on the American Stock Exchange and the over-the-counter market. The Nasdaq (National Association of Securities Dealers Automated Quotations) composite index of OTC stocks rose a record 17 days in a row before it fell last Friday. The previous mark: eight consecutive days in April 1983. OTC shares took a pounding in 1984, but now they are rebounding almost as fast. Amex's Market Value index has jumped 9.6% in 1985, and the Nasdaq has shot up 12.6%. In the past...
Another sign of the growing boldness of individual market players is their enthusiasm for index options. In an option deal, an investor gets the right to buy or sell a contract representing a group of stocks that make up one of the market indexes--for example, the New York Stock Exchange composite--at a fixed price at some future date. What it amounts to is a legal bet on which way the market index is headed. If investors guess right, they can cash in their options at a profit. About 95% of the investors in N.Y.S.E. composite index options...
What makes the collection unique is its remarkable organization. A card catalog indexes all pictures by assignment, subject, quality of the print and pose (full face, profile, smiling, shaking hands). Cross-references note the backgrounds in each photo, as well as peripheral people and prominent objects: a birthday cake, a motorcycle, a puppy. Even so, some objects slip through the indexing net. Last fall photographs were sought for a Living story about a particular Swedish ivy on the White House Oval Office mantel. There was no index listing for the plant, and hundreds of White House pictures...
...shelved, outdoor tables replace ice sculptures in front of Au Bon Pain, and thoughts of love return to dreamy eyed collegiates, a host of worried questions fill the Yard air--questions such as, How far will I have to walk to class next year? What is the neck index in that House? Are there really 300 violin-playing, Pac Man-addicted, biochem majors over there...