Word: boosted
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Only six months ago, the Denver Post moved into its new $6,000,000 plant as part of a big expansion plan. Already the dominant daily in the Rocky Mountains, the fast-growing Post (circ. 226,866) hoped to boost circulation, profits (more than $1,000,000 last year) and advertising still more. Circulation and advertising climbed, but expenses climbed faster. Last week Editor & Publisher Edwin Palmer Hoyt decided to pull in his horns. Said Hoyt: "We've decided it is time to pause, recapitulate and prepare to recommence...
...York City, Army, over Michigan, 27-6, to boost its undefeated string to 23 straight. Shackled in a 6-6 tie at halftime, Army broke loose for three second-half touchdowns in 5½ minutes...
...Many upperclassmen have complained that their stipulations were cut for this year," said von Stade. He explained that the Committee "did reduce some awards where lack of achievement warrented such action, but many men received a boost in their scholarship...
Army's defense will get a similar boost with the return to active duty of right halfback Dan Wardrop, sidelined last week with an injury...
...loans normally rise at this time of the year. But FRB thought that the rate of increase has been too fast (up $4 billion throughout the nation or nearly 10% since the start of the Korean war). To slow the rise, FRB last week was considering an order to boost the total reserve requirements of its member banks closer to the limit under present law, thus reduce the amount of money banks have for lending. If prices continued to go up, FRB was prepared to ask Congress for power to raise reserves still further...