Word: boosted
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...manufacturer may boost prices if his profit before taxes is equal to or above his average profit between...
...Distributors may not boost prices on the basis of higher replacement costs, i.e., out of fear that costs are going...
...those who had postponed price increases as long as they could would be punished by a rollback. By the same token, the steel companies which raised their prices on Dec. 1 would be left alone, but manufacturers who raised prices on Dec. 2 to compensate for the steel boost would have to roll them back. Said one Chicagoan: "[Rolling] back prices in the face of higher costs must have been the system Mr. Truman used in [his] haberdashery to insure his going out of business...
This week, Chrysler Corp. boosted its wages and, if it followed the example of the others in such matters, it would probably boost its prices too when its new models come out next month. Although it had raised wages by $25 million only last September (TIME, Sept. 4), Chrysler handed out another $20 million a year to employees in a new union contract...
Although NAMsters were against the Administration's excess-profits tax, they were ready to go along with a boost in corporate and other taxes. Some of them, notably Lewis H. Brown, Johns-Manville board chairman, talked as tough about taxes as anyone in Washington. He asked for a $25 billion hike to help combat inflation and balance the budget...