Word: indexers
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Dates: during 1960-1969
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...average of 5,446,000 shares, compared with 4,000,000 in the first half of the year (itself a record). Last week the volume hit 28,275,000 shares, second highest in the exchange's 118-year history. The buying pressure lifted the Amex's price index, based on all 1,060 listed shares, by 38? to a record $20.89-an eye-popping 55% above its level at the end of last year...
...York Stock Exchange, prices also climbed last week, propelled by the highest weekly volume on record: 57,386,715 shares. By two of the most broadly based barometers, Big Board stocks rose close to their alltime peaks. The N.Y.S.E. composite index of all common stock issues rose from $50.91 to $51.60, an 18% gain since December 30, only a mite below its May 8 summit of $51.93. Standard & Poor's 500-stock index moved up from $91.69 to $92.74, compared with its May 8 record of $94.58; it is up 18% for the year so far. The more familiar...
...McDaniel's former business associate, Promoter Mike Jennings, 50, a dabbler in horse races, prize fights and shooting matches. Behind the method is the same principle that a small boy instinctively adopts in a game of Cowboys and Indians. When he sights his foe, he flicks his index finger toward him and, without really aiming, hollers "Bang! You're dead!" His hand is an extension of his eye-and in instinct shooting, the key is to make the weapon an extension...
...Index of Annual Rate of Value of Money Depreciation (1956=100) 1956- 1965-1966 1966 1966 Guatemala...
...Martin noted, "is beginning to show signs of moving ahead again," many dark spots remain. Despite massive stimulation to business through an easing of credit and a sharp rise in federal spending, industrial production has slipped four months out of the past five on the Federal Reserve Board index; in May, it fell 2% below its December peak. The nation's real output of goods and services, in the first three months of this year, missed its clockwork quarterly advance for the first time since...