Word: boosting
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Dates: during 1940-1949
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Also Up: Hot Potatoes. All this caused an unseemly bit of scurrying in Washington. Attorney General Tom Clark hastily ordered his understaffed antitrust division to get hot after collusion in price gouging. Tom Clark blustered that jail terms were in store for businessmen who conspired to boost prices in food, clothing and housing...
Government officials and financiers once again went over the possible courses of action. Devaluation of the Canadian dollar would step up the intake of U.S. dollars, but it would also boost the Canadian cost of living, so that was out. Canada might sell more to the U.S., but it could never sell enough to close the gap. She could hope for European purchases, to be paid for in dollars, if the "Marshall approach" got under way. But that was a matter beyond Canada's control. The remaining alternatives were a U.S. loan, or a cut in U.S. imports...
...competitors shake their heads over such an outlay and predict a crippling overhead. But Bert and son are satisfied. Last year they netted $21,000; they hope that the new shop, charging regular prices, plus a branch to be opened at the new Los Angeles Municipal Airport, will boost 1947's profit...
...Oklahoma City. The bigger properties are all under the care of well paid managers, but Autry makes all major decisions himself, passes on many minor ones. Along with royalties from recordings and from, some 40 other products ranging from Gene Autry Hair Oil to cap pistols, his investments will boost his income this year to well over...
Epidemic. The first to mark the occasion was General Motors Corp. Olds had minimized the steel boost by declaring that it would add no more than $9 or $10 to the cost of the average automobile. But G.M. boosted car prices last week from $60 to $168, despite a record peacetime profit of $81,804,815 in the second quarter v. $65,818,019 in the first quarter. G.M.'s explanation: since November 1946, steel and almost all other materials have gone up in price along with wages. Its huge profit, said G.M., was due to low-cost materials...