Word: peakes
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Dates: during 1960-1969
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With a reduced number of student workers available from the start this year, Smith said he saw that it would be impossible to maintain normal weekly service at the peak "drop-out" times. The Caretaking Department, he said, decided to cut the vacuuming service now rather than have students complain when it stopped coming regularly in November...
...charge that he discourages the development of new singing talent "at the Met," Bing pleads guilty. "The Metropolitan is no place for beginners," he says. "Let them learn elsewhere-Chicago, San Francisco, Boston. They should sing here only at the peak of their careers. I came after a long climb; they...
Welcome Sedation. In the rate-sensitive bond market, where tight money has pushed up the return to investors to a 40-year peak, prices jumped rapidly last week in the sharpest rally in years. Yields correspondingly fell. The return on face-value 41% U.S. Treasury long-term bonds, for example, dropped from 5.05% to 4.99% in one day, closed the week...
...hungry for more loans than they can get from banks, have lately deluged bond dealers with offerings. Corporations have increased their publicly floated bond borrowing from $3.7 billion in the first eight months of 1965 to $5.5 billion so far this year. Such corporate issues rose to an alltime peak of $1.34 billion last month, close to four times the level of August a year...
...Inevitably, the continuing downturn caused some to recall that awful autumn of 1929. There was, in fact, no comparison. The industrial average in '29 stood half as high as it does now-the year's peak was 381.17 -and the market took terrifying tumbles with only about half the volume of trading. On '29's infamous Tuesday, Oct. 29, the day the market crashed, the average plunged by 30.57 points. In that October alone, the industrials lost about as much (20%) as they have all this year. From 1929's high to its low they...