Word: peakes
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Norway and Denmark-the argument goes-Sweden could not help them by joining NATO, since Sweden is at her peak in armament now. Thus Sweden has a buffer in Finland, and Norway and Denmark have a buffer in Sweden. (Many Swedish military men will privately tell you that the defense of Scandinavia would be stronger if coordinated...
Shoot the Works. From the standpoint of total production, the U.S. was never more productive or more prosperous. Output of goods & services rose to $325 billion, nearly 15% above the previous peak, in 1950. Almost half this gain was due to higher prices, but the important half was due to increased productivity, thanks to more and newer machines...
...wells, refineries and pipelines, boosted its output by 14%. Steelmakers, who began $1.2 billion of new plants, poured out 105 million tons of metal, 8% more than in 1950. They ended the year with a capacity of 109 million tons, 5% greater than World War II's peak. Utilities kept the wires crackling with $2.5 billion of new generating plants, added 1,900,000 new customers, made electricity available to 95% of U.S. farmhouses. Synthetic rubber, under controls at the year's start, was so plentiful by year's end that the U.S. had enough to start...
Blue Chips. Wall Street saluted this growth with the biggest bull market since 1929. Two days after New Year's, the Dow-Jones industrial average stood at 238.99, a handsome 26 points above 1946's bull-market peak. But for 1951 that was the year's low. The industrial average charged up to a 21½-year record of 276.37 in September. Dividends, which rose from 1950's $9.2 billion to $9.5 billion, helped spur the market. So did the fear of inflation. The blue chips got the biggest play, but all year investors scrambled...
Like the birds, vacationers fly south in the winter and north in the summer. No one follows their flight more closely than National Airlines President George T. Baker. His passenger traffic reaches a peak in winter on its main-line run from New York to Miami, but it slumps during the summer. Last week Baker made a deal to give National a big payload the year round and move it up from tenth to eighth largest U.S. airline. (It ranks an estimated fifth in net operating income among domestic airlines.) National will buy Colonial Airlines for $7 million worth...