Word: boosted
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...first big batch of returns came in last week. And U.S. industry found that, despite strikes, shortages and controls in 1946, actual profits lived up to the great expectations. The big boost came in the final quarter of 1946. Then, the Department of Commerce estimated, production had increased to such a peak that the national income (wages, rents, net corporate profits, etc.) was at a rate of $173 billions annually v. $164 billions for the whole year...
...There were other companies still losing money because of 1) low production caused by material shortages or 2) rising costs. And with the seller's market turning into a buyer's market, manufacturers were afraid to boost prices higher. But even some of the laggards were suddenly doing well. Western Union, which had cried recently that it could not help but go into receivership, turned in a profit of $500,000 in the last quarter...
T.W.A. did not think the wage boost was big enough in itself to cause an increase in rates. But several of the nation's airlines, harried by rising expenses and falling traffic, thought that rates must go up before long. This would be a doubtful solution of their troubles. Higher rates would probably mean even fewer passengers on planes now flying with many empty seats. Said a Standard & Poor's analysis of near-future air transport earnings: "Drab...
Even if the U.S. gets all of it, there will still be far from enough sugar to satisfy U.S. demands. If sugar controls lapse, sugar men feared that big industrial users would outbid everyone else for the existing supply, boost the price of sugar to as high as 40? a Ib. for housewives...
Consumers could hardly believe what their pocketbooks told them. On scores of items last week, prices were coming down. The big surprise was in autos. Thanks to the tremendous demand, there had been plenty of talk in Detroit of another boost in car prices all around...