Word: boosted
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Dates: during 1950-1959
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Most steelmen also appeared unconcerned. Industry reports put current steel inventories at close to 18 million tons, although it is unevenly distributed. Steelmakers, who have worried about the effects of a big price boost to pay for a wage increase, might well feel that users would swallow the boost more easily with lower stocks on hand. Some small steel companies unaffected by the strike had already raised prices from $6 to $16 a ton; a short breathing spell would help smooth the ground for an industry-wide boost later...
WESTERN UNION RATES on domestic telegrams will go up July 29 unless FCC blocks boost. To meet increased costs, Western Union plans to hike rates 5? to 15? for each telegram going farther than 125 miles, thus collect an additional $11.4 million yearly...
There were other differences, but what the Steelworkers' McDonald wanted most was to boost the average $2.47-an-hour pay of his union members by package benefits of some 20? in the coming year, while avoiding the encumbrances of the four-year-and-four-month master contract asked by the industry. (Without making a formal offer, the union let it be known that it might settle for a suitable three-year contract.) What steel's Stephens and the dozen companies most wanted was to keep package benefit increases to 14 or 15? an hour in the coming year...
Ignoring the caterwauling protests of Governor Earl Long, the Louisiana house of representatives last week left ol' Earl's incendiary tax proposals (TIME, July 2) in ruins. Rejected by the legislators: Long-backed measures to boost state levies on sulphur, natural gas and pari-mutuel betting. Scheduled for similar treatment: an administration bill increasing taxes on timber and pulp...
Both surviving magazines may be helped by a 12% boost in advertising rates, starting with the January issues, to cover increased costs. Cottier's notified advertisers that it would raise its rate by an extra 10% to pay for an increase in its circulation guarantee from...