Word: boosted
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Dates: during 1950-1959
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MINING & MANUFACTURING. Boost coal production; up iron-ore exports, now 1,600,000 tons a year, to 10,000,000 tons. Promote manufacture of locomotives and heavy machinery; create an auto industry that will produce 100,000 cars, jeeps and trucks a year...
...fact, getting far more aid than conference rules allow. Source of their incomes: a downtown "slush fund" administered by Washington's most energetic alumnus, Roscoe C. ("Torchy") Torrance, a printing-company executive and concessionaire. Contributions from Husky rooters fleshed out the fund, but last year its biggest boost came from a $26,000 slice of the take from a pro football game staged in the university's stadium. With capital sometimes as high as $75,000, Torchy was able to slip grateful athletes fat checks. Out of the fund came the price of plane tickets home, vacations...
VOLKSWAGEN will cancel plans to manufacture its cars in the U.S. because of high U.S. production costs. It will sell the $4,000,000 assembly plant in New Jersey it bought recently from Studebaker-Packard Corp. Volkswagen still hopes to boost its 1956 U.S. sales...
Agriculture. The committee forecast a worldwide revolution that will boost farm productivity and lower costs. Radiation has been used to breed high-yield barleys, leaf-spot-resistant peanuts; radioisotope tracers have shown the way to more effective use of fertilizers...
...adding Charles Morse's shares to the 100,000 shares already owned by his Penn-Texas Corp., Silberstein will boost his holdings to 12% of the 1,219,730 shares outstanding, and cut the Morse family-management holdings down to 27%. To get his own directors on the Fairbanks, Morse board, Silberstein said he hopes to get the support of "other substantial stockholders." However, if the Canadian Locomotive deal goes through, and the new shares line up on the Morse side as expected, the Morse family will have some 35%-working control-of its own company. But Silberstein hopes...