Word: boost
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...possibility of the new library's being located at High and Wall Streets received a boost this week when C. H. Sanford, Yale Business Manager, indicated that one of the New Haven high schools bought by Yale may be used to alleviate administration building space...
...probably fall to 1,100,000, or 200,000 below the '55 level. In Manhattan, the First National City Bank, the city's leading maker of personal loans, hiked interest rates from $3.83 per $100 to $4.25, the first rise since 1937. The Chase National Bank also boosted its rates. Prices started to edge up for a growing number of basic materials-steel pipe, cement, nickel, platinum, shellac, plumbing fixtures-and increases loomed for dinnerware, pots and pans, drapes, rugs, toys, refrigerators, washing machines. Retailers, trying to hold the price line, warned that unless the pressure eases, they...
...Chicago, Inland Steel Co.'s President J. L. ("Joe") Block unwrapped a program that will cost $260 million and boost the No. 7 steel producer's ingot capacity 15% by 1959, to 6,000,000 tons...
...Jones & Laughlin Steel Corp. (No. 4) planned to add $115 million to the $135 million already earmarked for growth, eventually boost its ingot capacity from 6,200,000 tons a year...
CARPET MERGER being arranged between Mohawk Carpet Mills and Alexander Smith will result in the biggest U.S. carpet firm, topping both Bigelow-Sanford and James Lees. To cut costs and boost sagging sales, the two companies will form Masco Industries on a stock exchange of four shares of Masco for each share of Mohawk, one share of Alexander Smith for each share of Masco. Combined sales: $94 million v. $68 million for Bigelow-Sanford, $62 million for James Lees...