Word: peak
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...whom make it to the majors-the owners went on a free-agent binge. Over four years, beginning in 1976, average player salaries rose from $52,300 to $143,756. Now even middling free agents command $300,000 a year. The owners' frenzied bidding hit a peak last year when the Yankees signed Dave Winfield, a .279 career hitter for the San Diego Padres, for a cool $23 million over ten years. The lords of baseball obviously needed something to protect them from themselves. They demanded that a team be able to protect just...
Passion of this intensity translates to steady sales for the ice-cream industry ($1.6 billion in 1979) when sales of all kinds of desserts have dropped off by 40% over the past decade and a half. Ice-cream sales in the U.S. hit a peak in 1975 and since then have declined slightly (from 15.69 qt. per capita last year to 14.62 qt.), but sales of the most expensive and best-tasting brands have been increasing by about 17% a year and now command 11% of the market. Americans produced 829,798,000 gal. of ice cream in all grades...
...increase the need for federal borrowing. Interest-rate pessimists like investment bank Economists Henry Kaufman of Salomon Bros, and Albert Wojnilower of First Boston Corp., who have been nicknamed Dr. Doom and Dr. Gloom along Wall Street, assert that the prime rate could ratchet up at least above its peak of 21.5% and possibly as high as 25% before the end of the year...
...mulled and culled sound even worse. A plan called "Sea-sitter" envisioned pinioning minimissiles on a fleet of roving seaplanes. Other proposals would have made giant molehills out of mountains: one called for sticking the missiles inside mountains for protection, and another would have placed each missile at a peak's southern foot, thus providing a natural barrier wall, since the Pentagon expects the Soviet CBMs to come gliding in over the North Pole. The Continuous Air Alert Carrier sounds space age; in fact it entailed floating a flock of coastal blimps, each holding a small MX snug...
...Hadley. Four hundred feet, top to bottom, and only three guys have ever made it up."), they didn't seem to worry too much about competing. Everyone reached the top of this puny hill eventually, although a few fell once or twice. When they reached the lip of the peak, their bikes would jump into the air and they'd land on the back wheel, cackling. Stop for a beer, watch a few others come up, and then go right back down and start over again. "Do you practice this much?" I asked one man, who stood...