Word: fillips
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Prospects for a quick end to the walkout seemed dim, though Government-inspired negotiations were expected to continue this week in Manhattan. Despite the deadlock, the National Industrial Conference Board found one bright note: the settlement, when it comes, should produce a new fillip to the economy. The board recalled that the eight-week steel strike of 1952 "produced a strong, but relatively short-lived, boom" as manufacturers built up their inventories, and a strike of similar or less length in 1956 "could well produce the same results again. However unfortunate a steel strike may be on other grounds, most...
...Frederick & Nelson department store, June was the best month in its 66-year history: starting in April, small-appliance sales climbed 69% over 1955, jumped another 22% in May and still more in June. After a cold, wet spring, Dallas, Chicago and Boston stores found a summer fillip in June's warm weather and clear skies, were even starting to move such heavy appliances as fans, air conditioners and power lawn mowers. Denver's steady population growth kept both soft and hard goods at boom levels, while in the Southeast discount houses were invading traditional department-store markets...
...responsible British press paid little heed, but, as is often the case in British royal family matters, the gossip got an added fillip from a big play in New York's tabloid Daily News, which quoted unnamed "sources close to the royal household." London's own Woman's Sunday Mirror caught the ball and tossed it even higher, with a report that "priests in Rome are now taking part in three special days of prayer for the conversion of the Princess to the Roman Catholic faith." The Mirror went on to quote "an important Vatican official...
...give an added fillip to its annual luncheon, France's Goncourt Academy (which meets this week to bestow its award and bestsellerdom on a French author) has invited an artist to come make its family portrait. When news of the artist's name was announced, Le Figaro Litter air e issued a warning: "Under the circumstances, it will be necessary to banish the bottles and partridges from the tables, for the painter honored by the Goncourt does not like rosy cheeks, but prefers gaunt figures bent over plates garnished with fish vertebrae." The guest artist: Bernard Buffet...
...final fillip to good relations, G.E. said it would reopen its contract at the end of three years for a 30-day review of the guaranteed annual wage. G.E. announced that it would undoubtedly still oppose the idea, but would be glad to sit down and talk in a spirit of mutual cooperation. Said G.E.'s Boulware: "We are maturing into a kind of relationship that people ought to have. After all, we are dealing with a $1.2 billion payroll that affects 500,000 people. This is serious and it ought to be handled in a businesslike...