Word: indexers
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Dates: during 1960-1969
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SATURDAY NIGHT AT THE MOVIES (NBC, 9-11:15 p.m.). Boys' Night Out, in which Kim Novak plays a student researching a thesis on sex, and James Garner and Tony Randall play index cards...
Economists, industrialists and ordinary family budget keepers for months have been nervously eying the price index, searching for the first real indicators of inflation after seven years of relative stability. Last week they almost found them. Three big shoe companies announced price increases of 4% to 5%; loading charges at many ports were hiked 5% to 12%; prices of glass containers went up more than 3%, and floor tile 5%. Tags on paper, sugar and chemicals also grew. Steel fabricators, pondering the new labor contracts with higher wages and fringes, hinted heavily of forthcoming boosts...
...relating to medicine. Librarians feed selected references from articles in 2,400 periodicals into two Honeywell computers. Then, by the use of key words, the computers each year arrange 150,000 citations alphabetically. This list is printed by a computer-driven phototypesetter, and the result is a book, the Index Medicus, which goes to 7,000 libraries around the world. A researcher in London, for example, can leaf through the Index, find the citation he wants, and request it of his local librarian, or, if necessary, seek a copy from Bethesda. Chemists benefit from a similar service in Columbus, Ohio...
...rises spread across both consumer and industrial areas of the economy. The consumer price index last week inched upward to a record 110.2% of the 1957-59 average (up a modest 1.9% from a year earlier), largely because of the higher costs of auto insurance, home ownership and meat. Without the recent federal excise tax cuts-75% to 80% of which have been passed on to the consumer-the index would have pushed even higher. Wholesale prices rose to a new record in July, gaining 2.5% over a year ago. Raw-material prices have risen 10% in the past year...
...market's behavior, claiming that they often so exaggerate the ups and downs of prices as to mislead the investing public. Last week the New York Stock Exchange itself joined in the catcalls. In an article in The Ex change, its monthly magazine, it blamed the most famous index of them all, the Dow-Jones industrial average, for much of the "pure nonsense" that is written about market trends. The heart of the problem, said the magazine, is the "tremendous disparity" between point changes in the Dow-Jones average and the dollars-and-cents meaning of those changes...