Word: boost
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...foreign spenders. The Egyptian cost of living had momentarily ceased its steady climb; the stock market was active, and toll money from a once-again busy Suez Canal was pouring into the national treasury. A prospective purchase of $35 million worth of cotton by France gave a needed boost to the export balance. The government announced a budget surplus of nearly $55 million. And to top it all, the government's hand-picked candidates were easy winners in the new regime's first nationwide parliamentary election...
Inauspicious Circumstances. Though U.S. Steel may have trimmed its boost somewhat in anticipation of unfavorable public reaction, other restraining influences served to keep the hike below last year's. Last week the industry was operating at 86% of capacity, and demand for steel was fairly soft and competition strong. Consumer resistance has been heightened since last August's rise by periodic boosts in extra charges for special processing or handling required by many customers. Surprisingly little anticipatory buying in steel took place before last week's price hike...
...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...
...make long-term Government bonds more attractive, some bankers think that the Treasury should boost its rates more in line with the market level. While some financial men fear that such a move would demoralize the entire Government bond market by depressing lower-paying issues, others argue that the Treasury needs strong medicine to solve its problems. Still another idea is to float a convertible bond. The U.S. Treasury could issue a convertible bond at 4% interest, for example, give investors the option of either cashing it in after one year, or of converting it into a longterm, twelve-year...