Business: Indices

The so-called barometers of business do not register every day. Last week four of them, including several of the most important, made their mid-summer reports, caused businessmen 1) to smile. 2) to nod their heads sagely, 3; to raise their eyebrows in mild surprise, 4) to scratch their heads in serious thought.

Report that caused the smile was an official calculation that in July pollution of Manhattan atmosphere was 1.59 tons per cubic mile, compared to 1.21 tons in July 1932, 1.38 tons in July 1931, 3.82 tons in July 1930. Many a...

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