Word: boosted
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Dates: during 1940-1949
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...After a three-month study, OPA squashed a 9% cigaret price boost asked by big American Tobacco last December. Reasons: 1) tobacco-company profits last year were 21% of invested capital v. 17% in 1936-39; 2) current cigaret sales are 20% above 1941; 3) although production costs have risen 10-16%, they should be offset by greater volume...
...brand-new editorial management marched in this week to take charge of the Saturday Evening Post. Only a fortnight after the Post uncorked its unprecedented price boost from 5? to 10? (TIME, March 9), Editor Wesley Winans Stout abruptly quit his job, after a "disagreement on policy." With him went...
Tank-car freight runs 4? a gallon from Texas against 1? for tankers (including war-risk insurance and war bonuses for crews). Oilmen figure tank cars will add $120,000,000 to their annual transportation bill, some $90,000,000 more than the recent 10? a gallon price boost will bring in. So last month oilmen tried again for a West-East pipeline, got turned down as they did last fall, because the pipeline they wanted required 500,000 tons of scarce steel plate. But they refuse to quit, still want a fat 21-inch pipeline to move...
...they paid out 62.3% of the premiums collected to policyholders for losses, and that during the last ten years the ratio has fallen to between 40 and 50% (which has enabled them to show an average underwriting profit of 6.1%). But they point out that wartime may boost the loss ratio and operating costs, a combination which would surely cut profits...
...Chrysler is pretty sure to borrow. The company is huffing & puffing to boost munitions output to $1,750,000,000 annually, nearly three times average 1937-41 sales. As a starter, it spent at least $60,000,000 of its own cash last year for new plants, new machinery, more inventory. Consequently, its year-end cash was only $69,000,000-a four-year low, and a reason for Chrysler's recent dividend...