Word: boosted
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Dates: during 1940-1949
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...week told industry what the new wage-price policy really means. The clarification still left vast areas of fog. The policy does not mean, said Bowles, that the 18½?-an-hour steel increase is to be the pattern for U.S. industry. Nor does it mean that a wage boost, alone, is enough to get a corresponding boost in price ceilings. But the policy did mean, he said, that companies can now get prompt price relief if 1) they have been squeezed into the red by rising wages and low ceilings or 2) a forecast of earnings indicates that profits...
Down to Earth. To step up production of low-cost cotton materials and clothing, OPA granted textile mills increases which will bring them $250,000,000 more a year, add 5 to 15% to the prices of shirts, shorts, etc. OPA also gave a price boost to makers of men's & boys' suits. Now manufacturers who have been hoarding them, waiting for just such an increase, may put them on the market...
...last week the profitable Book Find Club had 70,000 members and 70 employes. It was splurging on an advertising campaign, which it hopes will sell $1,250,000 worth of books this year, boost membership to about...
That was the situation last week when Chester Bowles went to work. Mr. Bowles, busy cutting "wage-patterns," cut one for the meat industry - a 16? wage boost for packinghouse workers, 1½% boost in the price of meat, continued subsidies to cattle raisers and slaughterers...
...steel industry had gotten its open hearths going in double-quick time. It would be up to 78.4% of capacity this week. But weeks will pass before steel is flowing evenly to industry again. And the boost in steel prices has raised a host of new problems for suppliers. OPA hoped that the raise might be absorbed along the line. But where and how? The price raise may make it harder than ever for manufacturers to break the bottlenecks -e.g., in castings-which have plagued industry as viciously in peace as in war. For lack of one small part, many...