Word: peak
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Dates: during 1940-1949
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Even with their old equipment the railroads will this year roll up to an impressive 50 billion passenger-miles, some 70% more than last year, an astonishing 35% greater than the previous peak in 1921 (see graph) -there will be 400,000,000 fewer passengers than in 1921 but the average passenger is now riding almost three times as far. Moreover, since Pearl Harbor 6,584,422 troops (more than three times as many as in the corresponding months of World War I) have taken train trips. If these wartime habits persist at all, long-distance de luxe coach travel...
...stepped-up scrap-collection drive (TIME, Aug. 31), steelmakers are still plagued by the scrap shortage. In August, for example, they operated at only 95% of capacity although they could have hit close to 103% if enough scrap had been available and small plants had been fully utilized. At peak output steelmakers could have made 500,000 additional ingot tons of steel last month...
...weeks & months, Standard's name had been taken in vain. Name-calling reached a peak when Senator Harry S. Truman shouted "Treason!" (TIME, April 6) on the occasion of Thurman Arnold's charges. Now it was Standard's turn to refute the charges and last week the company talked back-under the grudging auspices of the Senate Patents Committee...
Once in 1937, Liberty reached a circulation peak of 2,700,000-second in the weekly field. It now claims only 1,400,000 -down over half a million from last year and its guarantee has been reduced all the way to 1,100,000. Ever since it upped its price from a nickel to a dime in April, following the Satevepost's lead, Liberty's sales have been sharply off-its subscriptions have not had time to be affected materially, but newsstand sales have dropped almost one-third and boy sales over 60%. Advertising revenue, always slim...
Steel output steadied at least 5% below peak operating capacity. The recent re-rating of high priority orders has done little to help distribution and many a small steelmaker beefs about precious time lost in filling out scads of WPB forms and questionnaires. Power output is still one of the bright spots in production with U.S. utilities pumping out record amounts of juice each week...