Word: indexers
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Dates: during 1950-1959
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...Best index of Britain's and the sterling bloc's success in a competitive world was the solid increase in its gold and dollar earnings in 1953. Even after paying off $181 million on its U.S. and Canadian loans, the sterling area earned a $672 million surplus in 1953, bringing the total dollar reserves to $2.5 billion v. the dangerous low of $1.7 billion in March 1952 when Butler submitted his first budget...
...fast jump in coffee, plus a similar rise in the price of cocoa, has been mainly responsible for the rise in the overall Dow-Jones commodity index, which last week was the highest in three years. The cocoa rise was caused not only by increased demand and bad weather but by the "Swollen Shoot" (a virus disease) cocoa-tree blight in Africa. As the price went from 30? to almost 60? a lb. in a year, the Government considered releasing some of its vast stocks of butter to users of cocoa butter for candy, but gave up the idea, since...
...index to the prestige of Russian leaders lies in the official fervor with which their birthdays are celebrated. It took nearly two years for Russian newspapers to print all the tributes to Stalin on his 70th birthday, but last Dec. 21, when his birthday rolled around again, no mention of it was made. Last week Premier Georgy Malenkov came to his 52nd birthday (on Jan. 8). In anticipation of the great day, Rumania's Communist news agency, Agerpress, filed a canned eulogy of the Soviet chief to its member papers in preparation for the standard high jinks. Czechoslovakian editors...
...were begun in 1912), there were no lynchings in the U.S., according to Alabama's Tuskegee Institute. In making the announcement last week, Tuskegee concluded that "lynching as traditionally defined and as a barometer for measuring the status of race relations . . . seems no longer to be a valid index." Henceforth, the institute will base its annual report on other criteria...
...dynamic force of the U.S. economy was reflected by the Federal Reserve Board's revised index of industrial production (in which the base years are 1947-49 instead of 1935-39). The new index averaged 135, up 9% from 1952 for a new peak and eight full points above the biggest year of World War II. While taxes cut deep, corporations nevertheless netted more after taxes ($20.5 billion) than in any year except 1948 and 1950, and paid out the greatest volume of dividends in history ($9.5 billion...