Word: boosted
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...executive board of the United Steelworkers voted to boost the salary of President Philip Murray from $25,000 to $40,000 a year. If the Salary Stabilization Board in Washington approves the 60% increase, Murray will stand No. 4 in labor's list of big moneymen. The top three: George Harrison, of the Railway Clerks, $76,000 a year, John L. Lewis and James C. Petrillo, $50,000 each...
...their radios by day and save the TV set for the evenings, when the family gets together. In an advertising rate change that bore out this report, CBS radio announced a slash of some 20 to 30% on evening charges for its regular customers. Daytime rates would be boosted about 5%. The daytime boost brings CBS's rates back to where they were in 1951, when radio began to have doubts that it could outdraw TV in the morning and afternoon...
What can WSB do? The board is hoping that the coal, rubber and other industries will stand firm against demands for big boosts. If the companies don't-and many won't be able to in the light of the steel boost-WSB will probably find an put with "productivity" increases, i.e., raises to compensate for greater man-hour out put. It will probably turn out that the bigger and stronger the union, the bigger the "productivity" raise...
...troubles of WSB are nothing compared to those of OPS. Last week there was a rash of new price boosts-aluminum up 1? a lb., Kaiser-Frazer cars $54 apiece, cotton $5 a bale, manganese $40 a ton (which will boost the cost of making steel an average...
...effects of the steel boost are still to come. Economic Stabilizer Roger Putnam, pooh-poohing talk that all prices will shoot up, said he had a plan whereby users would absorb the increases, thus "eliminating any need for increasing prices to consumers." Putnam soon discovered his plan was economic nonsense. Many small fabricators have such small profit margins any further absorption of costs would force them out of business. As a result, the stabilizers, who already have been flooded with requests for price increases to compensate for the steel rise, started looking for a face-saving formula which would...