Word: indexes
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Dates: during 1930-1939
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...Rubber from $27 to $32; American Tel & Tel from $129 to $142; Chrysler from $42 to $57; N. Y. Central from $11 to $15; Electric Power & Light from $9 to $1 i ; Johns-Manville from $71 to $84; General Motors from $30 to $36. Moody's Commodity Index rose from 136.7 to 140.8. All told, it was the biggest bull movement in any one week since that following the bank holiday...
...March 1933, when Moody's spot commodity price index stood at 88, Franklin Roosevelt announced that commodity prices should go up. By March 1937, they had reached 220 on Moody's Index. Then Franklin Roosevelt announced that commodity prices were too high, thereby touched off a world-wide break in prices which many economists now consider the beginning of Depression II. Last February, when Moody's Index stood at 150, Franklin Roosevelt again sounded off on commodity prices, declared that with certain exceptions such as building materials they were again too low, should go up. This time...
...Last week, Standard Statistics saw no sign of U. S. business reaching this fundamental crossroad in the immediate future. Neither did Colonel Leonard Porter Ayres in his monthly sound-off. True, solid gains in crop prices on the report of bad weather and rust jumped Moody's commodity index to 136 last week. But a 25? drop brought the listed price of steel scrap to $10.75 a ton, positive proof that the key industry of steel had no immediate upsurge ahead. And the stock market last week again turned down without even approaching the 121 level on the industrial...
...much more. Infinite variations of the theme. The ebb and flow of one life during four hectic and fleeting years in the most stubborn, parsimonious, tyrannical, antediluvian, irritating, tractable, generous, democratic, progressive, lovable university in America. To those who will become only a name with numerals on a card index file and a musty bluebook--goodbye. Your worthwhile additions to college life, and there were some, will be remembered; the rest forgotten. You are not Harvard any more. But you are, always Harvard...
...American Society of Mechanical Engineers has 14,000 members, among them Bethlehem Steel's Charles M. Schwab. Mr. Schwab was president of the society in 1927 when its council decided to enlarge its index of engineering articles. Between 1927 and 1934, A. S. M. E. lost $215,000 on the index. Last week, in New York Supreme Court, Justice William H. Black said he would appoint a referee to decide whether certain members of the council were liable for this loss, ordered a referendum of the society to see if it thought the index was a good idea, seized...