Word: peak
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Evidence supporting that bullish outlook was everywhere. Ford Motor Co. last week added $200 million to its already peak 1966 expansion schedule. United Air Lines placed a $56 million order for a huge computer system, adding strength to the airline industry's plans to boost its expansion outlays by 22% next year. Food-industry expenditures are expected to climb 15%, those of rubber manufacturers 29%, those of the aerospace industry...
...line's Chicago Express between Washington and Chicago last summer began carrying passengers' automobiles (for $50) on a rack car attached to the rear of the train, will offer the service again next summer. Most railroads are experimenting with fare cuts to boost traffic, especially at off-peak hours. C. & O.-B. & O. cuts its fares 31% on "red circle days" (Monday, Tuesday and Wednesday), when travel is light; the Pennsy has cut-rate mid-week Philadelphia-New York Ladies' Day Specials. Only a few trains offer such attractions, however, and the railroads' revenues and profits...
...either to hotel or planeside. Jacobson's department store of Grosse Pointe, Mich., serves Saturday tea on the theory that shoppers are exhausted by week's end and welcome such a break. The Denver Dry Goods Co. requires its buyers to remain on the sales floors during peak hours, both to keep salespeople alert and to help customers with shopping problems. Sears, Roebuck reminds its repairmen to shine their shoes, and Chicago's Polk Bros, requires its delivery men to remove shoes before walking over fancy wall-to-wall carpeting...
Even before the blackouts, sales of stand-by generators to utilities had been rising-but gradually. Now, says Admiral Albert G. Mumma, executive vice president of Worthington Corp., a producer of auxiliary generators: "The immediate market for peak power has nearly doubled in importance." For one thing, the Federal Aviation Authority is urging airports, whose lack of standby power in the Northeast blackout shocked everyone, to put in emergency systems for landing lights and radar. Moreover, the Northeast blackout taught utilities the value of auxiliary units not only for partial power when a big generator conks...
...Whitney stand-by jet when the blackout hit, two minutes later had full power. Hartford, Conn., also stayed aglow with emergency jet power. A week after the blackout, New Jersey's Public Service Electric & Gas Co. began using an eight-jet system that provides 121,000 kw. for peak loads and emergency power...