Word: peak
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Dates: during 1960-1969
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...last week, as some 500 of the company's 52,000 bewildered stockholders gathered for their annual meeting in Manhattan, A. & P. was in a first-rate tempest. With their stock crushed down from its 1961 peak of $70 (it closed last week at $26.75), A. & P. shareholders have long been restless over the company's declining (now 18%) share of grocery-chain sales. Last year its profit of $56 million (on sales of $5.4 billion) was off a bit from the previous year, despite Jay's robust prediction that earnings would be "running at a record...
When the markets opened last Thursday, a burst of trading toppled volume records not only on both major stock exchanges but also, by brokers' estimates, in the over-the-counter market. On the New York Stock Exchange, volume soared to an all-time peak of 21,350,000 shares. It was the third time since April 1 that Big Board turnover had reached new heights, eclipsing by ever-increasing margins the 39-year-old record of 16,410,000 shares traded on Oct. 29, 1929, when the market suffered its worst crash. On the American Stock Exchange, a center...
Hung Up. Partly reflecting such alarums and largely ignoring the fact that A.T. & T. profits ($2 billion last year) are at record levels. Bell stock has sagged to its lowest price since 1960. Between mid-1964, when the stock reached a peak of $75 a share, and last week, when it closed at $49.75, Bell's total market value declined $11 billion...
...more that astronomers learn about pulsars, the still-to-be-identified bodies that are sending strange beeping signals from the Milky Way, the more difficult to identify the pulsars become. Last week, at a Manhattan gathering of the growing group of pulsar specialists, scientists from the Kitt Peak National Observatory in Arizona and the Lick Observatory in California disclosed that Pulsar I not only sends out high-frequency radio signals every 1.3 seconds, but also gives off light flashes just about half as often. The conferees were beginning to ponder this new information when a tardy University of California astronomer...
After the drilling comes the killing. While artillery shells resound overhead, the men-now called "The Devil's Brigade" by fearful Germans-begin their assault on a steep mountain in Italy, the peak of which is enemy territory. There is room at the top, but along the way many good devils die, and Holden comes to realize the cost of his merciless goading. As a mainstream tough-and-rumble military movie, The Devil's Brigade-which is based on actual events-offers few new sights or insights. After nearly three decades of World War II films...