Word: indexable
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According to the Bureau of Labor Statistics, prices on 28 basic commodities have climbed steadily since August, 1939, the month chosen by the Bureau as the index month for prices. During two weeks last August, when the Committee was energetically, but unproductively, listening to testimony on the bill, the average price of all these commodities bounded upward by more than 50 per cent. And by-mid-September the price index had risen to 157. In other words, we're paying nearly two-thirds more for what we buy today than we did for the same products when the present defense...
...effectiveness of price-control seems conclusively proven by this time. In his testimony before the Committee, Leon Henderson, federal price-administrator, pointed out that in the 12 of the 28 basic commodities which have already been placed under price-control, the index had shown a decrease of 2.4 points during a given period. At the same time, prices in the uncontrolled division had risen from 154 points to 168, with foodstuffs rising some 10 points higher...
...Humble Oil and Refining Co., Rio Bravo Oil Co., Atlantic Refining Co. In 20 years micropaleontology has become a favorite course of budding geologists because of the jobs it offers. An expert Texas micropaleontologist can diagnose the age and character of 100 underground samples a day, making a geological index of 3,000 to 4,000 feet of drilling. In California, where petroleum signs are more complex, scientists must identify about 100 types of fossils in each sample, and analysis is far slower. All told, some 500 fossil experts are hired by Gulf Coast and California oil producers to divine...
Production Easy: TIME'S index eased to 157.9 (estimated) in the Sept. 27 week, lowest since mid-July and 0.5 point under the preceding week's final figure. Main reason for the latest decline: a contra-seasonal drop in power output,caused by cool weather (less refrigerator load) and non-defense factory shutdowns...
Price Boss Leon Henderson told the committeemen: twelve of the 28 basic commodities were already subjected to price control. The price index of the controlled twelve had dropped 2.4 points; the uncontrolled had leaped from 154.9 points to 168. While the committee argued, basic foodstuffs had risen from 159.9 to 172.2. Said Henderson with ironic innocence, as if he were not spanking the committee...