Word: indexers
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Dates: during 1960-1969
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...slight redundancy, perhaps 20 percent, of musical performances. He should have rigged his example to support his later (equally unfounded) conclusions. There is a continuing confusion between physical frequency and pitch. Why he numbered some of his figures and not others is a mystery wrapped in an enigma. His index would be laughably inadequate if it were not so unlikely that anyone would ever want...
Black & Blue. Because the institutions deal largely in the stock of big, established companies, the latest selloff has particularly hurt the traditional blue chips. Result: the Dow-Jones index of blue chips has sold off 6.8% while the much broader Standard & Poor's index of 500 stocks has dropped...
Flying High. While the Dow has been in the dumps, the little-noticed Standard & Poor's index of low-priced issues (below $20) last week reached an all-time high of 130.71, up 10% since the last week of 1965. Even high-priced stocks have continued to rise in a number of high-flying groups, notably electronics and airlines. Since Feb. 9, when the Dow-Jones decline be gan, Collins Radio has moved from 48 to 71, Pan Am from 57 to 60, Gulf & Western from 97 to 106 and Texas Instruments from 200 to 210. On the bearish...
...gone up during the previous four months, had finally flattened out in January. The main reason was that excise taxes on auto purchases and telephone calls had been briefly rescinded. But they will be reimposed within the next month or so, and by every expectation the cost-of-living index will head higher again. In any event, last week's flattened figure is of small solace to the U.S. housewife, who is already complaining about having to pay 59? for a bunch of broccoli in Boston or $1.09 for a pound of bacon in Atlanta...
...appearing all over the U.S. Last month wholesale prices climbed at an alarming annual rate of 6%. The Government's chief price expert, Commissioner Arthur Ross of the Bureau of Labor Statistics, expects prices to rise more markedly in 1966 than in 1965, when the wholesale index went up 3.4% and the consumer index 2.2%. The biggest increases will be in bills for medical care, recreation and repair services; the price of houses will rise more sharply than in recent years...