Word: rosing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...hour now), sold the communal homes to members, let each family choose its own food, source of income, way of life. The new corporation, despite the Depression, promptly raised production of farm products, furniture and handmade textiles (1958 sales: $10 million). Profits replaced red ink the first year, rose to levels ($268,000 in 1958) that provided plow-back capital and paid dividends. Mechanic George Foerstner, who designed the colony's beer coolers, began making refrigerators and home freezers, and bought radio-TV time to sell the wares. By 1950, when his business got big enough to need more...
...report noted that rises in steel prices (up 178% since 1940) and wages (up 85% since 1950) have been much sharper than in other manufacturing, and that steel wages ($3.10 an hour) are far above the manufacturing average ($2.23). Furthermore, steel's productivity from 1947 to 1957 rose only 3% a year, v. 3.1% for all manufacturing. That was an unspectacular performance, both by steel workers whose wages have been rising by an average 6.4% a year, and by steel management, which claims that it is spending so much to boost its efficiency ($1 billion a year) that...
...Treasury must refinance $34 billion in the next twelve months and come to the market each week with $1,000,000,000 or more in bill offerings. Last week the interest rate that it has to pay on short-term (gi-day) bills rose to 3.4%, the highest since the fall of 1957; it may go up to 4%. What the Treasury fears most is that its dependence on short-term financing will force yields on short-term paper above yields on long-term bonds, thus attracting many investors who might ordinarily put their money in long-term securities...
...same time, banks find themselves with relatively less money to lend. In the nation's mutual savings banks, total deposits rose $585 million in the first six months this year to $34.6 billion -but the growth during the same period last year was $1.3 billion. Instead of putting and keeping their money in savings accounts, people are attracted by higher returns in the stock market or Government bonds. The rate of growth of time deposits has been falling off because corporations, state and local governments, and foreign depositors can now get nearly 3½% on a 91-day Treasury...
...Evans' aggressiveness has paid off. Crane's net income in the first half rose more than 60%, to $2,333,000. Just how much farther Evans will go toward reducing the size of Crane is a matter of wide speculation. His rift with Landa over how to run the company appears healed. If he can overcome the ill will he has generated through the drastic changes in Crane's organization, roughriding Tom Evans may well add Crane to the list of his successes...