Word: boosted
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Dates: during 1950-1959
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...saucerites had their arguments, too. Bethlehem Steel Corp. announced the highest sales (over $2 billion) and net profit ($134 million) in its history in 1953, reflected its confidence in the future by a surprise boost in its dividend for the first quarter from $1 to $2. After the announcement, the stock shot up 3^ points in a single day's trading. Other companies reporting record 1953 sales included National Biscuit Co., Union Pacific Railroad and St. Regis Paper. The Pennsylvania Railroad reported that its revenues were the second best in history...
HIGHWAY construction in the 48 states during fiscal 1955 will get the biggest boost in history from the U.S. Government. Grand total planned for such projects as expressways in New York, Philadelphia, Detroit and Chicago: $555 million...
...board for Kirby. If he and Young get on the board, Young plans to get a majority by gradually replacing present directors with his own men. After that, he will try to turn into reality his own grandiose schemes for American railroading: a flashy advertising and promotion campaign to boost railroad travel; large-scale financing to buy new equipment (including as much as $250 million to be sunk into his low-slung "Train X"); reducing debt by having the railroad buy up its own bonds, and pressuring the ICC to raise freight rates. Eventually, too, another old dream would...
...cars more powerful engines and sleeker lines. Ford was the only automaker besides G.M. to gain more of the market last year (it gained 2.1%), and is anxious to increase its 25.3% share in 1954. Ford has set aside $500 million for expansion, much of it to boost Ford production up to Chevrolet's 35,000 weekly level. Said Henry Ford II: "We hope we can be first in 1954." While he looks for about a 10% drop in overall auto output this year, Ford foresees no decline from his company's output of 1,500,000 cars...
...shares of American and one share of Nash-Kelvinator (listed at 17⅜) for one share of American. Under Nash President George Mason, American will continue to make both types of cars in separate divisions, and also bring out a pair of brand-new designs to boost sales -a small Nash four-passenger sports car, to list at about $1,300, and a Hudson sports-type car, the Italia, that will probably sell for around...