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...pacesetter in the new whirl of the inflationary spiral was a 9% wage hike by U.S. Steel Corp. (see NATIONAL AFFAIRS). Big Steel's Ben Fairless promptly announced that steel prices would have to go up also. Bethlehem Steel Corp.'s Eugene Grace and most of the industry followed Big Steel's lead on wages, and began figuring price increases, too. In addition to the wage increase, the new prices would also have to cover higher coal prices (which added up to $1.25 a ton to the cost of finished steel) and a freight rate increase which...

Author: /time Magazine | Title: THE ECONOMY: Midsummer Express | 7/26/1948 | See Source »

Harper's had changed printers and adopted a larger (TIME-sized) format, to cut the cost of production; the old printer, figuring that few modern presses could handle the outdated Harper's page, had demanded a 27% price hike...

Author: /time Magazine | Title: The Press: Harper's Referee | 7/12/1948 | See Source »

Profits and dividends were not the only things that were headed up. Last week the economy's price structure began to feel the impact of the third round wage hike. General Electric Co., which had already boosted home appliances, raised the prices of industrial motors 5% and industrial control equipment 10%. Chrysler joined the automobile price-boosting parade with a 3% to 6½% increase...

Author: /time Magazine | Title: Up Again | 7/5/1948 | See Source »

...James, was given a pair of opera glasses by his staff to survey the farthest reaches of the room. Near by sits City Editor David Joseph, a shy, balding, quiet-spoken bachelor of 61. His public-address system is one-way; staffers who want to talk back have to hike over to his desk...

Author: /time Magazine | Title: The Press: The Changing Times | 6/28/1948 | See Source »

...Increased prices" explain the boost in the cost of graduate education, and the tuition hike is in keeping with the recently announced $125 increase for undergraduates and the Graduate School of Arts and Sciences...

Author: NO WRITER ATTRIBUTED | Title: Tuition Hiked at Graduate Schools | 5/10/1948 | See Source »

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