Word: hike
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...their newsprint from Canada, complained so vehemently that the Canadian and U.S. governments agreed to consult before any new price rise. But last week came another piece of bad news: the Canadian government authorized an increase of another $10 next month. To justify the price hike, newsprint makers explained that at the time of the last boost, $116 in U.S. money was worth $123.40 Canadian. But since then, the rise in value of the Canadian dollar-now worth 1½% more than the U.S.-makes the $116 worth only $114.30 Canadian, while their own production costs, which must be paid...
...twelfth time in six years, the ICC last week granted U.S. railroads a freight-rate increase. The latest 6% to 9% hike puts rates about 75% above prewar levels, and will give the railroads $618 million in new revenue this year-making it harder than ever for them to compete with trucks...
...jumped 27%. Its net profit for 1952's first quarter was $628,000, compared to last year's first-quarter net of $2,915,000. All the other big lines told CAB the same story; all wanted to raise their fares. Last week CAB authorized a $1 hike on all airline tickets, whether for a 50-or a 3,550-mile trip. Estimated cost to air travelers: $16 million a year...
...raid sends the Japs scurrying and allows Kent to save his skin. One man escapes with him, his young orderly, Anson. The two men make a long hike to safety, but one night, with shells and men screaming around him, Kent puts his arms around Anson. Before Captain Kent's war is over, he has sunk himself in a degrading attachment, killed a man who threatened to expose him, and made a fainthearted try at suicide...
...green light for a price boost averaging close to 5% on 1952 models. But Ford said no thanks. Instead, Ford boosted prices a scant 3% on most models, actually reduced prices slightly on three. Ford was following the lead of General Motors, which did not take the full hike permitted by OPS under the Capehart Amendment...