Word: coste
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Dates: during 1950-1959
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...organized than in recent years, but still prone to flat jokes and awkward entrances and exits. All the same, with such old-guard purists as Clark Gable, John Wayne and Gary Grant helping the cause of motion pictures, Producer Jerry Wald figured that the free talent alone would have cost a paying sponsor...
...High Cost of Loving. The hilarious private life of a rising young white-collar couple, described by Scriptwriter Rip Van Ronkel and Actor-Director José Ferrer (TIME, March...
...biggest paradox of all is the leapfrogging race between prices and wages that has continued long after the general economy paused for a breath. Though price cuts are on the rise (see Metals), they have not been fast or sharp enough to hold down the steady rise in the cost-of-living index. Nor has labor trimmed its wage demands in the face of poor sales and lower profits (see Autos). Last week Chicago Federal Reserve President Carl E. Allen took both management and labor to task for what he called a "price and cost rigidity" that hinders...
Labor unions, says Allen, "introduced undesirable rigidities into our cost structure" with the automatic cost-of-living hike that makes about 4,000,000 workers eligible for wage increases in 1958. Employers in turn "accepted such rigidities so long as selling prices could be increased without reduction of markets." Now the situation has changed. "We have had several months of declining industrial production. And the decline in business volume is conspicuous in those industries which set the fashion of long-term wage contracts with assured annual increases." What is needed are sharp price cuts. But instead, some industries have actually...
...fixing the price of FHA and VA paper at par, Fannie Mae expects lenders to sell more mortgages to the Government, thus unlocking up to $1 billion in fresh credit. In addition, the bill gives $550 million to Fannie Mae to buy mortgages on urban renewal projects, low-cost and military housing and homes for aged buyers, and authorizes $300 million for direct Veterans Administration housing loans...