Word: peakes
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Dates: during 1960-1969
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...sources. At 5:18, the 300,000-kw. influx reversed; in seconds, 1.5 million kw. were surging northward, draining the city at its moment of peak demand. Before Nellis could halt the outflow by cutting Con Ed off from CANUSE, lights began flickering all over the city until only a scintilla of orange glowed from each bulb. For an instant, the lights surged on again; and then, like a theater at curtain time, New York sank into darkness...
...worst potential hazard was in the air, where at peak hours, between 5 and 9 p.m., some 200 planes from all over the world home in on New York's Kennedy International Airport. American Airlines' Flight 6, four hours and 25 minutes out of Los Angeles with 80 passengers aboard, was only two miles from touchdown when the runway lights dimmed and disappeared. Turning toward the ocean, Captain Gus Konz lost radio contact with the tower, which by that time was operating on fast-fading emergency power. Unable to contact Kennedy, Konz pointed the nose...
...Chief Economic Adviser Gardner Ackley that the aluminum industry's profits were high and that any price rise would be unjustified, he set out to force back the 10 price rise to 25? per Ib.-which still left the metal selling for 1? per Ib. below its 1960 peak...
...week's end the Aluminum Company of America, the industry's leading producer, announced that it would go along with the price rises (which left the metal selling for 10 per Ib. below its 1960 peak). That move, flagrantly ignoring Johnson's veiled warning, brought the Administration into the open. At a press conference in Wash ington, called at Johnson's specific command, Economic Adviser Gardner Ackley, Defense's McNamara and Treasury's Fowler declared that the alumi num price rises "have no justification under the wage-price guideposts and therefore are inflationary." Though...
...because the faulted lines had such a high capacity--1 million kilowatts each--and because it was a peak hour, the systems around them were drained of power and the demand was passed on to others...