Word: peakes
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Dates: during 1960-1969
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...left for the embassy. He never arrived. His Cadillac swung into a narrow street, a red Volkswagen swerved to a halt in front of it, and a blue one pulled up behind. Three gunmen got in the car and drove on to Rio's 2,300-ft. Corcovado Peak, apparently chloroforming the ambassador along the way. At the mountain, the kidnapers carried the ambassador to a waiting Volkswagen and sped off, leaving his chauffeur behind unharmed...
...planning. Its "keystone" for avoiding another blackout was a 2,000,000 kw. pump-storage plant on Storm King Mountain. By 1967, the plant was supposed to pump water from the Hudson River to a huge reservoir atop the mountain, then release it downhill to run hydroelectric generators during peak periods. Groups opposing the project because it would deface the scenic river gorge won a court delay. Since 1965, Con Ed has tried to appease such critics by investing $15 million in plans to bury the Storm King powerhouse and create a park along the river front. Now New York...
...rock trio called Cream, which broke up last fall. Despite the heavy dose of Cream in its makeup, Blind Faith has a more relaxed, genial and lyrical quality than its predecessor. Musically speaking, Cream was an equal partnership of three hard-driving individualists, who broke up at the peak of their success from internal friction and the pressures of constant playing. With Blind Faith, Winwood does all the singing, while the others provide a solid harmonic core down below. To dazzle audiences, Cream used to display a lot of virtuosity and instrumental grandstanding for its own sake. "Now," insists Clapton...
...Auction. The interest declines were small but widespread. Rates on bankers' acceptances-corporate promissory notes issued to finance goods in transit or storage with payment guaranteed by a bank-fell by ¼% to 8%. In the bond market, Treasury bills sold at an average 6.86%, down from a peak of 7.22% last month. Pacific Northwest Bell Telephone sold $75 million in debentures at 7¾% compared with a 7.9% rate on the last Bell System bond offering in July...
Annual interest rates on Eurodollars have fallen to 11 % from a peak of 13% , which was reached for a day or two in the second quarter. U.S. banks had been borrowing huge quantities of such dollars on deposit in Europe in order to meet their loan commitments at home. Lately the banks' appetite for such deals has been declining. Of more immediate interest to consumers, mortgage interest rates have declined ever so slightly. Mortgages auctioned off to private investors last week by the Federal National Mortgage Association brought an average yield of 7.8%, down from a peak...