Word: hiked
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...them. Grau's answer would have been a subsidy from the boom-filled treasury. In his inaugural address to congress, Prío announced that he had persuaded the country's businessmen to cut food prices 10% (thus presumably washing out the need for a wage hike). That might be enough to avert a bus strike, but such economically iffy methods were unlikely to help in settling the biggest labor dispute of all: how much Cuba's 400,000 sugar hands would be paid for harvesting the winter's cane crop...
...pacesetter in the new whirl of the inflationary spiral was a 9% wage hike by U.S. Steel Corp. (see NATIONAL AFFAIRS). Big Steel's Ben Fairless promptly announced that steel prices would have to go up also. Bethlehem Steel Corp.'s Eugene Grace and most of the industry followed Big Steel's lead on wages, and began figuring price increases, too. In addition to the wage increase, the new prices would also have to cover higher coal prices (which added up to $1.25 a ton to the cost of finished steel) and a freight rate increase which...
Harper's had changed printers and adopted a larger (TIME-sized) format, to cut the cost of production; the old printer, figuring that few modern presses could handle the outdated Harper's page, had demanded a 27% price hike...
Profits and dividends were not the only things that were headed up. Last week the economy's price structure began to feel the impact of the third round wage hike. General Electric Co., which had already boosted home appliances, raised the prices of industrial motors 5% and industrial control equipment 10%. Chrysler joined the automobile price-boosting parade with a 3% to 6½% increase...
...James, was given a pair of opera glasses by his staff to survey the farthest reaches of the room. Near by sits City Editor David Joseph, a shy, balding, quiet-spoken bachelor of 61. His public-address system is one-way; staffers who want to talk back have to hike over to his desk...