Word: rising
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Dates: during 1950-1959
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...companies were willing to give perhaps 10? an hour (TIME, June 29) if the union permitted them to reclassify jobs, eliminate featherbedding to take full advantage of automation, make other changes to improve efficiency. Such an exchange, the industry figured, would not boost overall payroll costs, thus causing a rise in steel prices. But the union rejected the swap, arguing that management's talk of featherbedding was "pure, unadulterated bunk...
...OUTPUT RISE IN RED CHINA LEADS...
...rise, whole groups of stock have been left behind. Aircrafts were caught in an earnings downdraft caused by heavy investments in the new jets: during the first half Boeing skidded nine points to close June at 37½, Douglas dropped 10½ to 47½. Oils were burdened by heavy inventories and price cuts: Royal Dutch dipped 5⅜ to 42½; Standard (N.J.) slid to 51⅝; Gulf worried off 16 to 110. Among utilities, losses from two to five points hit Consolidated Edison, Southern California Edison, American Electric Power...
...year. Estimates last week of the growth that took place in the April-June quarter showed that the gross national product annual rate rose $12 billion over the first quarter, $5 billion more than expected. Added to a $14 billion gain in the January-March quarter, this made a rise in the annual rate of $26 billion in six months, close to the $30 billion the President and his advisers predicted...
Housing starts, which gave the recovery so much of its original momentum, rose from 515,000 in the first half of 1958 to 690,000 in the first six months of this year. With the rise came a sharp upward pressure on housing costs. ARCHITECTURAL FORUM reported that the index of building-materials prices jumped 2.7% between January and June, against a 2% gain for the whole of 1958. But other prices were holding steady. Sears. Roebuck, Montgomery Ward. Spiegel, and Aldens Inc. announced that their fall catalogues will show no overall price increase, and some prices are lower...