Word: peak
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Cotton, already down $35 a bale from its postwar peak, dropped as much as $7 more (from 32.86? a pound to 31.45?). Amid the growing abundance of dairy products, wholesale butter fell as much as 7 ½? a pound in one day. In the New York area, the price of milk was reduced 44? a hundredweight by the Department of Agriculture, about a cent a quart, and pegged there to keep it from going lower...
Meanwhile, both the Veterans Office and the Undergraduate Housing Office were completing preparations to handle the new influx of students. The Straus Hall Housing Office, for married veterans, has announced that its peak demand for housing has been passed and that no difficulties are expected in the near future. Although the Hotel Brunswick has now been filled, there are vacancies left at the Harvardevens Village project...
...must not happen again." The best way to avoid them, everybody agreed, is to keep purchasing power up. The President said, significantly, that this should be done only rarely by raising wages, mostly by cutting prices. He set no precise figure for maximum employment, hoped to maintain the current peak of 58 million. Then, with the nation's productive plant going full blast, the U.S. national output should top 1946's $194 billion...
...might be the hard core of a volcano or peak formed by above-sea erosion. Only deep drilling could give the details. But the mountain was there, far below the growing zone of coral. Darwin, from the deck of his windjammer, had guessed right...
...reasons (the other: shortages of materials, to which the holdouts contributed) why the U.S. fell so far short of maximum production. With some 4,000,000 more at work than ever before, the Federal Reserve Board index of industrial production never got above 185, falling far short of the peak war rate. In short, though the U.S. did pour out the greatest flood of products in peacetime history, it took far more than a proportionate increase of workers...