Word: boosted
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General Electric orders in the June quarter were a whopping $566,250,000, one-quarter larger than its entire annual sales in the boom year 1929. Almost 100% war work, the new orders will help boost GE's 1942 sales to $1 billion or better...
Sure index of pessimism over the U-boat menace was the 5% increase in marine war-risk insurance rates announced last week. The boost lifted rates from U.S. East Coast ports to Egypt via the Cape of Good Hope to 25%; to India, 20%; Australia and New Zealand, 20%; East Coast of South America, 20% ; West Coast of South America...
...shaking started a year ago when the Brotherhoods demanded their nationwide 30% wage boost. G. P. McN., like the other roads, agreed to part of the raise. But unlike the others, he added a proviso and stuck to it-no more featherbedding. Roared he: "A day's work for a day's pay." So last December his engineers and trainmen struck. So G. P. McN. went on running his railroad as usual, except that he used only 55 trainmen instead of 83-the number which the Brotherhoods' featherbed rules would have required for the same work...
...cotton were all phony prices in the early part of the year, were supported by political loans at 85% of a zooming "parity" and the hope of bigger loans to come. When the Administration froze parity (by freezing other prices), and spread the word that it would not boost loans still higher, speculators ducked out of those commodities in which the Government is holding huge surpluses off the market...
Last year the British were crying for evaporated milk under Lend-Lease, so AMA set out to boost U.S. production from 57.000,000 cases a year to 100,000,000 by the simple device of bidding the price up from $2.63 to $3.55 a case. The price mechanism worked like magic; the goal was reached almost overnight. Then the British found powdered milk could be shipped in one-quarter the space, said they could take only 7,000,000 cases, left AMA holding the bag and afraid of creating a minor panic by getting out of the market...