Word: peak
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...dropped to 3,962,000, said the National Industrial Conference Board, lowest since September 1930. Bureau of Labor Statistics' estimate of total employment (excluding farmers and soldiers) reached a record 38,278,000 at May's end, or about 1,400,000 above the 1929 peak...
...retroactive feature of OPACS' price ceilings on gray goods, were billing at the old higher prices. Some furniture makers were still defiant of "jawbone" price control, as Chrysler had been (TIME, July 7). The price of cotton rose 3/4? to 15.21? a pound, a new eleven-year peak. Commodity price indexes paused on their upward flight, but briefly. Montgomery Ward's big fall & winter catalogue came out with 70% of the items showing higher prices than last spring, and a hedge clause on all prices to boot. Sears' new catalogue showed an average price rise of around...
...approaching September-October traffic peak held no terrors for A.A.R., it held plenty for defense officials. A.A.R.'s optimism is based on its own estimate of 1941 traffic: 40,898,871 carloads, 12.5% more than last year. But carloadings thus far are up 17.3%. Non-A.A.R. economists on whom the Administration depends for railroad data now estimate 1941 carloadings at about 46,000,000, more than 20% above 1940. Their pessimistic forecasts: 1) there will be a shortage of about 135,000 cars this fall; 2) to avoid an even more serious shortage in the fall...
...this war comes to be written, if it has to be written that it was lost, it may be because of the recalcitrance of the Aluminum Company of America." Grave looks became graver before Mead finished. His most dismaying statement: "It is estimated by the Services that the peak of their requirements ... of 100,000,000 lb. per month will be reached in March 1942 . . . production capacity in March 1942 will be 75,000,000 lb. . . . a shortage of 25,000,000 lb. per month. This still leaves no provision whatsoever for indirect military & civilian requirements. . . . Germany and the territory...
...Association of American Railroads President Pelley's contention that the industry should yank 20,000 idle tank cars off sidings, the oilmen replied that these cars were a normal reserve required for coming peak movements. They questioned whether the railroads had the motive power to haul any more tank cars, and suggested that a better solution was to use present equipment more efficiently, and to use more tank trucks on short hauls...