Word: boost
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...years-also tapered off, and Canada's adverse balance of trade was having its downward effect. The Bank of Canada last week announced an increase in its interest rate on loans to banks, from 2% to 2¼%. The change, mildly deflationary in its effect, may tend to boost the Canadian dollar again, or at least put the brakes on its slide...
...boost Chronicle circulation, Thieriot has spent lavishly for such stunts as "treasure hunts" and "mystery face" contests. But on news-gathering expenses he has kept a tight hold. For example, when the worst forest fires in 30 years broke out in California this fall, Chronicle staffers covered the story by telephone for the first three days. Finally Thieriot okayed the expense of sending one reporter-photographer team 200-odd miles to the Sequoia National Park, but by then the fire was almost out. While he gives editors a free hand at assigning stories, Thieriot makes the decision...
Next morning, however, after a night at the governor's mansion and a stroll through the state capitol (where he played a few chords on the piano), Harry Truman called Harriman "a genius" and gave his candidacy a boost. "He has all the qualifications [for President]," said Truman. "If I were a citizen of New York State, I know who I'd be for." Harriman beamed. Asked if he would say the same thing about Illinois, Stevenson's state, Truman smiled, replied: "There are three or four good men in the state of Illinois." Then, having dealt...
...large amounts of stock. Another big worry is that unions will take over a program, make it a part of their wage bargaining. In a recent case involving California's Richfield Oil Corp., the NLRB ruled that a company-aided stock-buying program was in effect a boost in wages and thus came under collective-bargaining rules. The case is being appealed in the Federal Court, but many businessmen are skittish about starting programs under such conditions...
...control, the raiders could sell off the company's assets, pocket a quick $1,700,000 profit. Angry and determined, National Casket's management lost no time fighting back. First, it alerted all stockholders to the raid, released its 1955 earnings weeks ahead of schedule, promised to boost dividends. The report: sales of $16,997,754, impressive earnings of $583,542 or $4.22 per share v. $1.85 per share...