Word: boosted
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Dates: during 1950-1959
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...high of $1,357,000,000. Just after the bonds came out, they hit 100½. But by last week the bonds had skidded a full point to 99½, due largely to rumors that the Federal Reserve Board was ready to reimpose a tight-money policy, which would boost other interest rates and make the 2⅝% Governments unattractive. In a panic, the free riders unloaded...
Europe's basically mild industrial recession has piled 8,500,000 tons of cheaper, small industrial coal at British pitheads over the past 15 months. This coal is too fine for householders' grates, but the British National Coal Board thinks that it can now boost output of domestic coal high enough to meet the expected demand. The British also believe that the industrial coal recession is temporary, and that Europe's "energy gap" will, in the long run. assure plenty of furnaces for Britain's coal...
True or not, there is plenty of pressure from all sides. London's Economist calls for a 300% hike in the price of gold to bring it in line with other increases, and every miner hopes for a price boost to pay rising costs and improve profits. A more important argument for a higher gold price is that it will help foreign trade. Financial men argue that the world simply does not have enough gold. South Africa's W. J. Busschau, manager of the New Consolidated Gold Fields, Ltd. and one of the world's leading gold...
...Government is against any such price boost, arguing that the main gainers would be large gold holders-the U.S., France, West Germany, Switzerland-while the losers would be the underdeveloped nations of the Middle East and Asia, which have enough trouble as it is earning hard currencies to buy gold...
...Point. A casual bargain picked up at public auction for $792, Hard Ridden repaid Millionaire Banker Sir Victor's investment with a Derby winner's $56,000 purse. CJ Although they seem stuck in the second division of the American League, the Detroit Tigers finally managed to boost themselves out of baseball's sociological basement. Third Baseman Ossie Virgil, native of the Dominican Republic, was called up from the minors, became the first Negro to play for the Tigers. Sole survivor from the old days of lily-white big-league ball: the Boston Red Sox, who have...