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...American's original contract offer. About 48% of the 33,000 employees had gone back to work voluntarily, and the strike was a failure. More than 100 planes had come off the lines during the 53-day strike, and the company was in good enough financial position to boost its stock dividend to $1 v. 75? in 1952's corresponding period...

Author: /time Magazine | Title: Business: Back to Work | 12/28/1953 | See Source »

...rate boost will enable Canada's Post Office to continue its record as a government moneymaker. Only twice since 1933 has the department lost money; its 20-year surplus is nearly $90 million.* The new rates will add some $15,000,000 to postal revenue, help meet rising costs, and keep the department operating in the black...

Author: /time Magazine | Title: CANADA: First-Class Mail by Air | 12/21/1953 | See Source »

...Chicago Tribune, whose daily circulation has slipped about 20% in the last seven years from 1,076,045 in 1946 to 885,840 this year, decided to try an old circulation stunt to boost its sales. The plan was to give away free dolls for every three new subscriptions to the paper. But the circulation men reckoned without the Trib's aging (73) Colonel Robert Rutherford McCormick, who huffily frowned on the idea as undignified for the "World's Greatest Newspaper." The circulation men gently persisted, suggested that the dolls were really quite handsome, and urged the Colonel...

Author: /time Magazine | Title: The Press: The Colonel & the Dolls | 12/21/1953 | See Source »

There was much more than an engravers' wage boost at stake. Both the publishers and the unions fully realized that any agreement with the Photo-Engravers' Union would set the pace for negotiations with all eight other newspaper unions. (The publishers estimated that an across-the-board increase would cost them $1,000,000 a year for every $1 in pay boosts.) "New York publishers have made their decision," commented the Louisville Courier-Journal. "They are refusing to tie themselves to blanket cost expansion...

Author: /time Magazine | Title: The Press: Strike in New York (Contd.) | 12/14/1953 | See Source »

...Bruins held a 17 to 5 first quarter lead before the varsity could begin to hit on shots, and by the end of the period, the hosts still held a 19 to 13 advantage. Weak varsity defense allowed Brown to boost this lead by half-time. Only by the third quarter did the Crimson settle down...

Author: NO WRITER ATTRIBUTED | Title: Brown Beats Varsity Five, 67-51 As Sacks Fights, Nets 29 Points | 12/14/1953 | See Source »

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