Word: peak
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Just when it looked as if the danger of flu was safely over, an epidemic struck. Last week the U.S. was in the grip of an unseasonable wave of influenza. Starting early in March, two months after the usual seasonal peak for the disease, the epidemic had risen to some 50,000 cases a week, was still going strong...
...peak of the vacation season, Greyhound, which intends to replace one-third of its fleet, will have hundreds of the new buses on its main lines. To help keep them filled, it has laid out some 200 low-cost tours around the U.S. Example: a six-day tour from Chicago to Washington provides five nights in hotels, sightseeing trips to public buildings in the capital, Washington Monument, Mount Vernon, etc. Total cost (excluding meals...
When Canadian Orange Crush, Ltd. needed help, he bought its stock (peak value: $4,300,000) for $43,000. Along with it he got a lawsuit filed by the Honey Dew chain of restaurants, in which Orange Crush had an interest. Quickwitted Eddie Taylor dropped in to see the Honey Dew board of directors. He came out a vice president. Two days later the president died, and Taylor got into...
Hardest Fall. On the other hand, durable-goods makers had done poorly in 1946. Now that they were reaching peak production, they were doing very well. On the basis of General Motors annual report last week Wall Streeters computed that G.M. earned $73 million in the last quarter of 1946, a rate which would pour in a record $292 million in net profits this year -if all went well. But it was the durable-goods industries which were now faced with new wage demands. And there was no guarantee that price cuts would eliminate them. Ford has cut prices...
...Hoboken waterfront. There big new chemical plants are going up. Along its 50 miles of shore are concentrated $6 million worth of plants. Houston's population is up from 510,000 in 1940 to a jampacked 700,000; employment is greater than at war's peak...