Word: indexes
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Dates: during 1930-1939
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...businessmen prepared to write off 1938, if not with pleasant memories at least with grim thankfulness. Steel production, at 52% of capacity, was double that of a year ago. The stockmarket, though dawdling, was doing so on a plateau 25% above 1937's year-end levels. Virtually every index of production or distribution-building, power, car loadings -had enjoyed an upward surge...
...great segment of U. S. economy-the producers of raw materials whose prosperity varies with the price of commodities-"recovery" was still a will-o'-the-wisp. Last week the Bureau of Labor Statistics index of wholesale commodity prices was at a four-year...
...recovery from 1933, commodities kept pace with business revival until the index hit 88.3 in April 1937 (v. 59.6 in 1933). Then, after Franklin Roosevelt remarked that certain prices were rising too fast, commodities hit the skids of Depression II. Since last summer when the industrial and financial tide turned again, commodities have kept right on sagging...
...William H. Black last summer against Bethlehem Steel's august Chairman Charles M. Schwab and a batch of lesser bigwigs. Mr. Schwab failed to recall what happened between 1927 and 1934 when the American Society of Mechanical Engineers, which he once headed, lost $215,000 on an engineering index. Members sued to recover, and Justice Black found against Tycoon Schwab's "inconceivable ignorance" (TIME, June 20). Last week the Appellate Division delivered a decision, devoid of Justice Black's wit and invective, unanimously reversing his opinion: "Defendants acted in good faith. . . . None profited...
...birds' heads, where they grew as horns. Since the horned capon was a strutting definition of sexual inadequacy, its horns became a symbol of cuckoldry. The sign of the horns, he said, should not be confused with the somewhat similar gesture of defense against the evil eye (index and little finger pointing parallel...