Word: bradstreet
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...accounted for most of the 1,100 business failures a month during the first six months of 1956. This was a postwar record. Yet it was an inevitable reflection of a rapid climb in business starts (from 348,000 to 406,000 in 1951) five years ago. Said Dun & Bradstreet: more than 50% of the failures were in businesses under five years old; more than 90% could be traced to "inexperience." To attack this problem, the Administration last week completed a sweeping 14-point program of aid, e.g., a 10% tax cut on the first $25,000 of income, that...
...wake of the steel price increase two weeks ago, many a businessman feared that it was. Philco Corp. warned that high raw material and increased labor costs "are contributing to another round of higher production costs." Youngstown Kitchens announced a10¼% boost in factory prices. Dun & Bradstreet, which asked 1,104 businessmen what they intend to do about prices in the last quarter of this year, reported that 26% said they expected to raise them (in April, in answer to a similar question on third-quarter prospects, only 18% said they planned boosts...
Furthermore, an increasing number of businessmen were thinking of adding to their inventories, partly because of better business and partly because of the prospect of higher prices. Dun & Bradstreet reported that 35% of the businessmen questioned in a poll planned to carry bigger inventories (compared to 29% last April). The Department of Commerce noted that at the end of May, dollar value of manufacturers' inventories totaled $43.6 billion, a one-month gain of $300 million...
...ARELENE BRADSTREET Bath...
Director of Research Dun & Bradstreet...