Business: Index

During January the stockmarket went from an index figure of 60 to 70.8 and then came down again to 62.6. The first week of February it proceeded lower. But on Feb. 9 it was still fractionally higher than the low point, Jan. 5.

Commodity prices were the week's gloomiest news. Sugar sold at an all-time low of 1¢ a Ib. when Cuba's crop was estimated at 3,061,000 tons, about 800.000 more than expected. Copper sold at 6⅞ for export, a record low, while domestic sellers offered it at 6¼,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!