Word: peakings
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Dates: during 1970-1979
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Slumping Volume. Bailar's fears are well founded. Inflation has kicked up the service's operating costs at the same time that recession and rate increases have reduced mail volume for the first time since the Depression. Volume, which hit a peak of 90 billion pieces in 1974, dropped by 1% last year and is expected to slump to about 84 billion pieces over the next five years. Mailings will be held down in the future by, among other things, the expanding use of electronic funds transfers. The Social Security Administration is already crediting some payments to recipients...
...rate will boost the standard economy fare by $42, to $806, for a London-New York round trip and from $968 to $1,010 for a New York-Rome return economy ticket. Hikes in excursion fares used most frequently by tourists were somewhat smaller. A summer "peak season" 22-to 45-day New York-London return ticket will rise $34, to $527, and the prepaid tariff for tickets ordered two months in advance will increase...
...least important. Iowa was the first state to hold delegate caucuses, and it was near his midwestern home base. New Hampshire, with the first primary, was a small state where his effectiveness as a one-on-one personal campaigner would be the most helpful. He was due to peak in New York, where his supporters felt he would finally have enough time to build a solid organization and take advantage of his labor support. In Massachusetts, Udall seemed too strong, and Bayh simply wanted to survive its primary and then begin a month of New York campaigning...
...been smaller. Food prices actually declined slightly. The dip might have been reversed in February, so the overall index may show a larger rise. Even so, the inflation rate is in line with forecasts of a 6% rise for the full year, and far below last year's peak rate of 15.4% in July...
...long after his creative peak, Steinbeck received the Nobel Prize. By that time, he was writing sentimental elegies to the American character like Travels with Charley and America and Americans. His last novel of any consequence, East of Eden, had been published over a decade earlier, and his most popular one, The Grapes of Wrath, preceded the prize by 35 years. In his last years, he grew increasingly reflective, feeling himself more and more a failure: "I consider the body of my work and I do not find it good. I'm not the young writer of promise anymore...