This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 621. - Please explain the meaning of the "Index" number, to which allusions are frequently made in financial papers. It apparently refers to the price of commodities.
Answer. - It is made up by adding the prices of certain quantities of the principal staple commodities, and is used for the purpose of comparing the variation of values from time to time.
 
Continue to: