Word: boosted
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Dates: during 1950-1959
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...Party Presidium with Red army Marshal Georgy Zhukov, Pravda Editor Dmitry Shepilov (often rumored to be Molotov's eventual successor as Foreign Minister), aging Nikolai Shvernik, longtime trade unions boss, and two party leaders from the critical Virgin Land areas, where a massive effort is being made to boost agricultural production. The whole package bears the Khrushchev stamp...
...seven-state utility network whose twelve major plants turn 10 million tons of coal a year into power for nearly 5,000,000 people from Lake Michigan to the Tennessee Valley. Last week AGE announced a program to grow still bigger; it will spend $700 million to boost its 4,000,000 kw. capacity (enough to light 7,000,000 homes for a year) by 65% in the next five years, the most ambitious five-year expansion ever tackled by a private U.S. utility. The program will give AGE more generating capacity than all the hydro capacity built...
...IMPORT POLICY will do an about-face. After ordering a 7% cutback in imports last year to bolster domestic industry, the Office of Defense Mobilization plans to boost imports 10% for residual fuel oil, mostly from Venezuela. Reason: an unexpected drain on oil stocks because of the cold winter and increased use of oil by industry...
...latest price boost was demanded by Chile, where Anaconda and Kennecott mine a critical 14% of the world's supply. The Chilean government, which now channels no more than one-third of its copper output to the U.S. understandably opposes U.S. producers' efforts to keep the price down because it gets a cut of company profits. Many U.S. industries also feel that the only way to get more of the metal is to lure Chilean copper back from Europe by matching Europe's price. The copper shortage in the U.S. has spurred use of substitutes; e.g., radio...
Copper producers are racing to boost output, expect worldwide capacity to increase by 229,500 short tons in 1956, or 8.3%, plus another 150,000 tons lost by strikes last year. By 1958 world copper capacity should be 15.7% above the 1955 level (2,928,000 tons). In Washington last week Government agencies were uniformly hopeful that the copper squeeze will end by midyear as a result of increased supply and slackening demand in some industries. However, few users put off orders in the hope that plentiful copper is just around the corner. Even without strikes, many argued, long-term...