Word: boosts
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Dates: during 1960-1969
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Ferré's opposition is durable Governor Luis Muñoz Marín, 62, architect of Puerto Rico's commonwealth status and the Popular Democratic Party's unannounced candidate for a fourth term. Trying to counter the presidential boost for Ferré, Muñoz declared that Eisenhower on his visit had "recognized the great value of commonwealth and the great economic and social progress registered under the present government of Puerto Rico." Some Muñoz followers, taking a different tack, grumped that Ike's friendliness toward Ferré amounted to interference in Puerto...
...season began, Princeton reported a 20% rise in applications for next fall, "the greatest single jump we've ever had in a year." Yale will cull 1,000 freshmen from 4,800 fee-paid applications, 500 more than last year. Harvard has 5,000 final applicants, a record boost of 900 over last year. Yet freshman classes remain the same size. Harvard will actually try to cut its next class by 50 to 1,150. Says Princeton's President Robert F. Goheen: "Our first concern is to do well with our current number of students. After...
...electrical industry a 3% increase in spending is expected this year. Manufacturing expenditures will show a good increase. Biggest burst will come from the steelmakers whose strike-deferred projects are expected to boost capital spending 50% to 60% over last year. Republic Steel, for example, plans record spending of more than $155 million on new strip and plate mills and expansion of a plastic coating line for pipe. Said Treasurer W. B. Boyer: "Our program is being undertaken not so much to raise capacity as it is to increase efficiency...
...General Electric reduced costs, was able to show a 15% profit increase on a 6% boost in sales. Earnings were $3.19, up from 1958's $2.78, with a 12% gain in the fourth quarter...
MINIMUM-WAGE BOOST is likely to be approved during this session of Congress, since Labor Secretary James Mitchell has said that a "modest increase" in the present $1 minimum will not adversely affect low-wage industries. Unions and most Democrats favor a $1.25 per hour minimum, Republicans a $1.10 to $1.13 per hour compromise...