Word: peak
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...Loeb arrived at dawn in his Manhattan hotel room to find his bed unmade since the last occupant. Sleepily, Loeb researched the problem and his bed was made up within the hour. He was back at his desk an hour and 45 minutes later - fresh, rested, and obviously at peak efficiency...
Many people, like the foremen, view efficiency as a threat to their status. Universities often operate at peak capacity only between 8 a.m. and noon, certainly an inefficient use of their buildings and their students' time. Senior faculty members, says Dr. E. Lee McLean, an adviser to several universities, consider that being asked to teach five days a week or during afternoons is an offense against professorial dignity. Factory workers in Flint, Mich., turned a cold shoulder to a bus line that offered to pick them up at their homes and drop them off at plant gates. The workers figured...
...company raised its capital-investment budget, which usually ran around $400 million, to $500 million. But even that was not really enough to cope with frenetic business growth. On Wall Street, which has possibly the world's most concentrated demand for phone service, peak-hour calling jumped more than 50%, and the overworked system jammed up, at an inestimable loss of business to brokers and to the phone company itself...
...stock market lives by its crystal ball. For the past five weeks, the belief that interest rates have passed their peak has lifted share prices and investors' spirits in approximately equal measure. The "baby bank rally," as brokers have dubbed the winter rebound, draws some of its support from cuts in the prime lending rate, from 8½% to 8%, by a handful of small banks. Though executives of most major banks have scoffed at the reductions as premature, last week's mix of economic fact and forecast strengthened Wall Street's conviction that easier money...
...further drop to $27.7 billion is expected in 1970. Profits, 3.2% in 1968, will probably slide to 2.3%. The biggest impact, however, is on employment, which dipped by 119,000 in 1969, and is still declining. In the space program alone, the number of jobs has dropped from a peak of 420,000 in 1965 to 190,000, and is expected to level off at 144,000 next year...