Word: hiked
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Universal Atlas Co., settled down to fight just as stubbornly as the union. A long fight may be in the making. A New York Times report speculated that cement manufacturers, looking forward to the golden days of the $50 billion federal highway program, are getting set to hike cement prices; a strike, settled in due season-with added costs-would provide just the occasion. "When the negotiations make very little headway all over," added a Government labor expert in Washington, "such a concentrated front suggests some timetable is working. Such a remarkable uniformity of attitude is more than a coincidence...
...Navy and Marine Corps officers with combat awards or commendations are jumped one grade in rank-but receive no pay hike-upon retirement...
...view of all this, why had the industry felt it wise to announce a price boost at all? The steel industry's picture for the rest of 1957 is changing for the better, giving the industry confidence that its price hike will stick as more and more customers who have cut inventories too low begin to place new orders. The industry is also suffering from the nation's tight-money market, and it has to depend largely on profits to finance its ambitious expansion plans...
...Rush to Boost. In the past, steel price increases have been immediately felt throughout the economy as users rushed to pass on the hike to the consumer. But there was considerable doubt that last week's boost would set off a round of consumer price rises. Competition is intense, and many industries may prefer to absorb the increases-which amount to only $11.58 on a $3,000 car, 66? on a $300 refrigerator-rather than raise prices; others may delay price increases for many months. A spokesman for one of the big three automakers said, for example, that...
...line, bitterly accused Weir of boosting the ante just to keep the union out of his plants. "In view of the industry's [booming] earnings," retorted Weir, "we felt the men should share the improvement." A few weeks later he helped sabotage U.S. Steel's plan to hike prices; he publicly supported a pending wartime price freeze, then marched out of the American Iron and Steel Institute...