Word: boosted
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Dates: during 1950-1959
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...completely separate company in Nashville named Space Enterprises, Inc. Heading this out-ht is another pair of publishing amateurs: President George J. Merrick, 24, a junior executive in an engineering company and Vice President Richard T. Heagy, 26, an English major at Vanderbilt. One quick reform: a boost in page-ad rates from $200 to $1,200. Now that the magazine is aloft and gathering speed, its young staffers are even talking of selling 1,000,000 copies an issue by the end of 1958 Says Space Salesman Heagy: "It doesn't hurt to aim high...
...wage boost of 3.9%, which would average 9? an hour, reflecting the 3.9% average yearly increase in productivity of U.S. manufacturing and farm workers between 1947 and 1956 (although last year's productivity went up only 1.6%). Cost to G.M.: $63 million. ¶ Better unemployment benefits totaling, together with state benefits, 80% of take-home pay for a full 52 weeks. Auto-workers now get 65% for the first four weeks and 60% thereafter for a maximum of 26 weeks...
...told. Reuther's proposals would boost autoworkers' wages and benefits by 35? to 45? an hour (not counting the bonus), almost twice as much as the 21? package the union won in 1955. Said Reuther: "It's the biggest package ever...
...that prime beef brought a year ago. Other beef prices climbed as much as 1½? per lb. last week, and the average-grade steer brought about 28? v. 21.7 the same week in 1957. This was good news for beef raisers, glum news for beefeaters. Each 1½ boost will bring almost a 2? rise in the price of dressed beef. Although packers, processors and retailers will absorb much of the increase, some of it will fall on the consumer. Rising beef prices are one of the reasons that the consumer price index, up .2% in February, will probably...
Ballots went out to the 1,346 members of the New York Stock Exchange last week to vote on whether the brokers should boost commissions an average 13%, the second hike in four years. The plan ran into immediate opposition from Merrill Lynch, Pierce, Fenner & Smith, biggest brokerage house. The proposed increase, said Merrill Lynch's Managing Partner Michael McCarthy, discriminates against the small investor, who will pay 30% more on a $500 transaction. He argued that most brokers are getting an adequate return despite higher operating costs, since commission earnings of Wall Street houses after partners' compensation...