Word: indexers
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Dates: during 1950-1959
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Since January the Buenos Aires' cost-of-living index has soared from 1,610 to 2,665 (from a base of 100 in January 1943). Señ Ferrer finds bread up from 4? to 8? a kilo, eggs from 14? to 47? a dozen, vegetables and fruits trebled in price. Husband Vittorino, 38, no longer goes noontimes to a restaurant; instead, he takes a sandwich and a bottle of bouillon to work. He has even given up his cheap, locally made cigarettes. His paycheck is fixed at 5,200 pesos a month (around $60 on last week...
...Wilhelm has allowed the Yankees just four earned runs in 59½ innings, shut them out three times- once with a no-hitter, fortnight ago with just one hit. Wilhelm's knuckler is different from most. He actually throws it from the fingertips of his middle and index fingers, keeps the nails on those fingers cut short for a better grip. Out of high school in the North Carolina mill town of Cornelius, Pitcher Wilhelm moved up through the minor leagues slowly. His chief problem was that few catchers could hold on to his pitches. He was 28 before...
...JONES AVERAGE will add four companies (Anaconda, Swift, Owens-Illinois Glass, and Alcoa) to industrial index, drop four (American Smelting & Refining, Corn Products, National Steel, and National Distillers & Chemical) to broaden number of industries represented among 30 stocks that comprise list...
Popular Sport. Most European stocks do look so attractive that throughout the Continent brokerage houses are becoming as popular as coffee houses. In France, where the De Gaulle government recently liberalized imports and devalued the franc to the free-market rate, the general stock index has jumped 24% in 1959. In West
Germany, which recently cut corporate taxes on dividends from 30% to 15%, the index of average share prices vaulted from $45.24 on last Dec. 30 to $59.29 last week. In Britain, where the bull started putting on meat after the Conservative government lifted restrictions on consumer credit, the stock index piled record upon record all last week, closed 56% above the low of February...