Word: boosted
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Dates: during 1950-1959
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...plant in Smyrna, Del. (pop. 2,346), Farm Fertilizer Manufacturer Warner W. Price, Jr. decided to speak his piece to the Interstate Commerce Commission about the proposed 22% boost in railroad freight rates. Price got off a letter to the ICC opposing the increase, but he soon found that to get the ICC's full attention he would have to spread out letters like a farmer covering the north 40 with Price products. The ICC wanted him to send exactly 62 copies of his letter -24 for the ICC Secretary, 25 for the Washington lawyer representing the railroads interested...
...Neath, chairman of Humble Oil & Refining Co., which had strongly urged a big boost in production all through the Suez crisis, now agreed with the commission that the latest increase may have been a mistake. To fill one April order of 2,900,000 bbl. of crude for Europe, Humble has found 2,500,000 bbl. readily available. In Washington, where the Administration had criticized the oil industry for supposedly failing to supply Europe with enough oil, Assistant Interior Secretary Felix Wormser told the House Interstate and Foreign Commerce Committee that U.S. oil lifters had supplied more than...
...DOWN PAYMENTS on mortgages will drop if Congress approves new plan sent up by Administration. Plan is to boost the amount of cost of house that FHA can insure; e.g., to new maximum of 96% of first $10,000 of appraised value v. current 95% of first $9,000. Effect would be to lower down payment on $10,000 house to $400 from current $700, on $16,000 house to $1,300 from $2,200, on $20,000 house to $2,500 from...
Slicker Service. To boost profits to pay for such expansion-and compete with bigger lines-Continental plans plush service all the way. Beginning April 28, the twice-daily Chicago-Denver-Los Angeles DC-7B flights (one way: $76, plus food and drinks) will be the first regular all-coach service operated with the same trimmings as first-class service...
...with imported raw materials, but the low cost of power makes the plant a paying proposition already. Some of the materials needed, e.g., bauxite, have already been discovered in the Cameroons, will eventually be used to make the plant's operation even cheaper. The plant is a big boost to the Cameroons' sluggish economy, now based almost entirely on agriculture. A tax-paying industry that will pour money into the public treasury, Alucam will also give work to 500, increase rail and harbor traffic, further encourage the search for minerals...