Word: peak
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...Congress holds NASA's budget under the $6 billion-a-year peak reached in 1966 for the Apollo project, the Mars landing will not take place until after...
Violence has reached such a peak in the Danang area that lights have been installed on the streets of Cap Tien Sha to curb roving bands of white and black sailors who were attacking each other at night. At Dong Tam in the Delta and Dien Hoa north of Saigon, bands of black soldiers still waylay whites. A white officer in Danang was critically injured when a black Marine rolled a grenade under his headquarters. At the officer's side was a black sergeant with a reputation for not tolerating Afro haircuts and Black Power salutes...
...left for the embassy. He never arrived. His Cadillac swung into a narrow street, a red Volkswagen swerved to a halt in front of it, and a blue one pulled up behind. Three gunmen got in the car and drove on to Rio's 2,300-ft. Corcovado Peak, apparently chloroforming the ambassador along the way. At the mountain, the kidnapers carried the ambassador to a waiting Volkswagen and sped off, leaving his chauffeur behind unharmed...
...Auction. The interest declines were small but widespread. Rates on bankers' acceptances-corporate promissory notes issued to finance goods in transit or storage with payment guaranteed by a bank-fell by ¼% to 8%. In the bond market, Treasury bills sold at an average 6.86%, down from a peak of 7.22% last month. Pacific Northwest Bell Telephone sold $75 million in debentures at 7¾% compared with a 7.9% rate on the last Bell System bond offering in July...
Annual interest rates on Eurodollars have fallen to 11 % from a peak of 13% , which was reached for a day or two in the second quarter. U.S. banks had been borrowing huge quantities of such dollars on deposit in Europe in order to meet their loan commitments at home. Lately the banks' appetite for such deals has been declining. Of more immediate interest to consumers, mortgage interest rates have declined ever so slightly. Mortgages auctioned off to private investors last week by the Federal National Mortgage Association brought an average yield of 7.8%, down from a peak...