Word: peake
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Dates: during 1950-1959
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...anticipation of Prohibition's demise. He became president of the new Premier-Pabst Corp., and Fred Pabst, son of the founder, later became chairman. Perlstein led the company through its period of greatest growth and profitmaking, saw it reach its biggest year in 1949 with a sales peak of $168,994,000. But Perlstein soon found himself hurt by his own success. Hit hard by the steadily flattening beer market, Pabst sales slid steadily. To make matters worse, Perlstein drew the wrath of the Pabst family for opposing their attempts to get more family members into the business...
...rocket and radiation research. Whatever the reason, by last week the market was effectively killed. Unable to find enough six-pounders, hundreds of trappers went out of business in India, cut off all but a fraction of the monkey supply. And while U.S. drug houses have passed the peak of polio vaccine demand, the Indian ruling was a disaster to Britain, which is still forced to limit its small vaccine supply to children under...
Many cattlemen figure that prices have yet to reach their peak, will continue to nudge up through 1958 at least. In Kansas City cattle brokers last week were ordering calves for fall delivery and fattening for as much as 33? per lb. v. 25? last fall. Cattlemen eventually will have bigger and beefier herds to sell, and prices will then start to soften. But the price-pushing demand for beef will probably continue to outpace supply for a long while. The Agriculture Department figures that beef production will not rise much until the 19605. Reason: it takes about three years...
...Communist Party numbered only 22,600 members in 1955, but Hoover takes special care to point out: "When the Communist Party was at its peak in the U.S. [80,000 in 1944], it was stronger in numbers than the Soviet Party was at the time it seized power in Russia." Hoover has followed the course of American Communism with the wary devotion of a seething-eye dog. From the time (1919) when he was asked to write a special report on U.S. Communism for the Attorney General, he has not changed but enlarged his mind...
Pickup in Autos? Many steelmen believe that steel's inventory cutbacks may also be nearing an end. Production is down about 40%, twice the drop in consumption. Estimates are that total steel inventories are already down below 20 million tons, off 5,000,000 tons from the peak, and below the 21 million-ton inventory considered normal. While inventories got as low as 14 million tons during the 1954 recession, steelmen reckon that in 1958's bigger economy a bare-minimum inventory is 17 million tons. What could turn steel around-and give the entire economy a healthy...