Word: peake
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Dates: during 1960-1969
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...years the backbreaking job of picking the big crops was done mostly by Mexican immigrant workers, known as braceros (arm laborers), who crossed the border in droves during peak sea sons. They lived, for the most part, in shanties, often received less than the $1.25-an-hour federal minimum wage...
...trim involved taxes that were due to expire June 30 anyway (such as the tax on air tickets), businessmen cheered the cut's timing. It will not only help raise sales of some items at their seasonal bottom (TV sets, furs, phonographs), but also prevent a slump in peak-time sales of autos and air conditioners by making their cuts retroactive to May 15. Automen, anticipating sales of 250,000 more cars this year as a result of the cut, promised prompt excise refunds (direct from Detroit) on cars bought between now and July 1, and most air-conditioner...
...clear that Clay has developed considerably since the last fight in Miami. Not only is he in peak physical condition, he has the self-confidence now which was only bravado last year. But Clay's strategy will be essentially the same: stay away from Sonny and let him beat himself. In Miami Liston charged out of his corner like a wild bull elephant intent on polishing off the challenger as quickly as possible. Clay ran, ducked, sidestepped, and counterpunched with dexterity. Though Liston was forced to quit in the seventh round after injuring his arm, Clay's strategy had worked...
Auto sales in mid-April were 14% greater than a year ago, and Detroit's six-millionth car of the model year rolled off the production line three weeks ahead of the 1964 pace. Orders for machine tools hit a nine-month peak in March. U.S. industry is spending considerably more this year on plant expansion and new equipment than originally estimated; at the present rate, 1965 capital spending is expected to soar 15%, to more than $51 billion...
...other big aluminum makers, Alcoa needs new customers. Confronted since 1957 by industry overexpansion, sagging prices for ingots and cutthroat competition in the less profitable fabricating field, it has lost part of its share of the market to new companies, has also been through a profit wringer. From a peak of $89.6 million in 1956, Alcoa's net income slid to $40 million in 1960. It has not yet fully recovered, though last year's earnings of $60.8 million (on a record $1 billion in sales) were the best since 1957, and first-quarter sales and profits this...