Word: indexed
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Dates: during 1940-1949
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When New York City officials urged housewives to buy substitutes, they found flounder up 10? a pound, salmon up 8?, eggs up 2?. Dun & Bradstreet's wholesale price index of 31 foods jumped 3% during the week to an alltime high of $7.36. The way things were going, some economists predicted that by year's end the U.S. would find its cost of living up another...
...China's banks refused loans on anything but raw materials subject to quick sales. In Shanghai a housepainter insisted on payment in advance lest the price charged for the whole job fail to cover the cost of paint. Most salaries were geared to a monthly cost-of-living index, but the index ran hopelessly far behind prices in the spiraling race to oblivion, and China's housewives well knew that months would pass before present prices were reflected in their husbands' paychecks. Since to keep their workers on the job at all employers had to supply them...
General Motors, which started the third round on May 25, had agreed to raise wages again if the cost of living went up. Last week the Bureau of Labor Statistics reported that the consumers' price index rose seven-tenths of 1%. Meat prices, said the B.L.S., had shot...
...shares belonged to the late Jules S. Bache, longtime Dome Mines president. Michel, trustee of the estate, had sold the stock to pay estate taxes. He had not foreseen the dividend slash (it was forced by a rise in Canada's cost-of-living index, to which the company's wage scale is tied). Obviously, said Michel, after what had happened the decent thing was to take back the stock. That was just what he had done...
...Based on 1940s par of 100.2, the BLS index last week stood at 169.3, up more than two points in the last month. Best guess for next month's index: up one to three points...