Word: peak
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Dates: during 1950-1959
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...expected in January 1953 that businesslike management of the nation's affairs would shrink the swollen federal payroll. But last week Congress' Joint Committee on Reduction of Nonessential Federal Expenditures reported that in fiscal 1957 the executive branch's civilian payroll crept up to an alltime peak of $11 billion, more than $1 billion above the 1952 level...
...banged the can vas with a towel soaked in yellow paint, kneaded flake-white pigment into snowballs, and pitched them at the dripping oil, slapped on more paint with rapier-quick strokes, seized handfuls of paint tubes and leaped up and down the length of the battlefield. At the peak of his fury, he was ejecting tubes over his shoulder with the cyclic action of a machine gun, until he finally slowed down, devoted the last 20 minutes to adding only a touch of paint here and there. Total elapsed time: no minutes. Title: The Battle of Hakata...
...operations to 82.7% of capacity. For the rest of the year mills are expected to pour about 85% of capacity, may well crack 1955's alltime production record of 117 million tons. Said Iron Age: "The looked-for upturn in steel is under way, and will reach a peak in late November or early December...
While the market's erratic performance turned many Wall Streeters bearish, few experts cried doom. Instead, they saw the downtrend as an orderly retreat from early summer's unwarranted high level, which brought the market within a point of the alltime 521.05 peak set last year. The selling waves were generally light-average daily volume was less than 2,000,000 shares-a sign that investors are not discouraged and intend to wait out the slump. Most big institutional investors appeared to be switching to other stocks instead of leaving the market altogether; there was no sudden rise...
...told, U.S. holdings abroad stand second only to Britain's prewar peak. In terms of today's inflated dollars, Britain's investment of $21 billion in 1938 would be worth some $42 billion. But with foreign investments increasing at the rate of $4.4 billion this year, the U.S. should soon surpass that record. In return for their dollars, said Commerce, U.S. businessmen pocketed $3.4 billion in earnings on foreign holdings last year for more than a 10% return on investment...