Word: boosted
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Dates: during 1950-1959
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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...
SHOE PRICES are going up. St. Louis' International Shoe Co., biggest U.S. shoemaker (1954 sales: $246.8 million), will boost wholesale prices as much as 5% because of rising labor and material costs, consumer demand for more varied styles. Other big manufacturers will soon follow suit, increasing retail prices as much as $1 per pair...
PIGGYBACK SHIPPING will get a big boost from the Office of Defense Mobilization. ODM has set an expansion goal of 25 "roll-on, roll-off" oceangoing vessels to be used to ferry either trailer trucks or railroad freight cars, will grant fast tax write-offs to firms building the ships until Dec. 31, 1956. Three shipping companies have already signed up to build five ships worth $14.5 million...
...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...