Word: peak
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...unique resonance about them-places like Maggie's Nipples, Wyo., or Greasy Creek, Ark., Lickskillet, Ky., or Scroungeout, Ala. Collectors of Americana also savor Braggadocio, Mo., the Humptulips River in Washington, Hen Scratch, Fla., Dead Irishman Gulch, S. Dak., Cut 'N Shoot, Texas, Helpmejack Creek, Ark., Bastard Peak, Wyo., Goon Dip Mountain, Ark., Tenstrike, Minn., Laughing Pig, Wyo., Two Teats, Calif., or Aswaguscawadic...
...calmed. Over the four years since King's death, SCLC has endured a steady attrition not limited only to the conference's financial resources. The size of the organization's paid staff has been cut in half, as the annual operating budget has diminished from $2 million in the peak years of 1967 and 1968 to $600,000 this year. Moreover, in that time, SCLC has also lost several of its top staffers, including Jesse Jackson, who left the organization last year to form his own group. PUSH (People United to Save Humanity), Fred Bennette, and SCLC's former executive...
...plenty of room to grow. Last year alone, retail wine sales rose 59% in Wisconsin, 65% in Vermont and 98% in Rhode Island. Young people have become particularly avid imbibers. On campuses, wines are considered the best accompaniment to informal meals and exotic smokes. Consumption will reach an alltime peak this week because the biggest wine-drinking day of the year is traditionally Thanksgiving...
...market's future also rely on a P/E statistic: the composite ratio of the 30 blue-chip stocks in the Dow Jones industrial average. Since the 1930s this figure has gone below 10 only during severe bear markets, and above 20 only in overexuberant bull markets. Its post-Depression peak was 24.2 in September 1961, shortly before a disastrous market break. It declined from 18 or 19 for several years in the early and mid-1960s to 15.7 a year ago and has increased only to 16.7 now. This is on the low side for a period of strong economic...
...Then on Tuesday the rally exploded, and it proved worth waiting for. In four days of heavy trading, with volume averaging 20 million shares daily, the Dow Jones industrial average vaulted 38 points to a close of 984. That was ten points above the year's previous peak and the highest level since December 1968-just after Richard Nixon was first elected. Last week many happy Republicans were loading up with stock in anticipation of a Nixon landslide. Small investors, who have been out of the market for a long time, also did much of the buying. In addition...