Word: indexers
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Dates: during 1950-1959
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...only reason for the price improvement. Increased demand from industries climbing out of their recession had boosted the price of lead from 12? last February to 14? before the stockpiling started. Other metals were moving up steadily, too. This week the Bureau of Labor Statistics announced that its nonferrous index was up to 125.1 last month, from 118 in January...
...from cultureless. He holds A.B., A.M. and Ph.D. degrees in classics from Harvard. As an under graduate (class of '32), he won a classics prize with an essay written in Greek and signed "Plato." Says Snowden, chuckling: "If you look in the Harvard Library index under Plato, you find one card that says, 'See Snowden.' " He reads Latin, Greek, German, French and Italian, and has written learned essays on slavery in ancient Pompeii and the role of Ethiopians in Roman history...
...Survivor. De Gasperi spent the next 14 years in the quiet of the Vatican library, filing index cards and acting as a receptionist. He stretched his $80-a-month salary by doing German translations at a nickel a page. Surreptitiously, he also kept in touch with his fellow Christian Democrats. When Mussolini fell, a small but well-organized Christian Party was ready. In December 1944 De Gasperi became Italy's Foreign Minister. A year later he was Premier. The first thing De Gasperi did was to get a salary advance so he could buy a new blue suit...
...steel goes, says an old economic dictum, so goes the economy. Looking at the charts last week, economists brought up on the old business axiom might have been puzzled by what they saw. Steel production, long the prime index of U.S. economic health, was down to a bare 62% of capacity, some 8% lower than the first-half average and 30% below the 1953 July level. But while steel lagged, the economy as a whole was still racing along at a near-record level. In Washington, the Federal Reserve Board announced that its overall index of industrial production, while...
Because of the changes in the economy, FRB's industrial production index itself is no longer the statistical touchstone it once was. A whole new group of nonmanufacturing industries has grown up and must be counted, notably such huge service industries as airlines and buses, trucks, hotels and entertainment. The booming construction industry is not a factor in FRB's industrial index, though it is one of the greatest strengths of the present-day economy...