Word: peak
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Jazzed Up Dissonance. Stan Kenton's crew, which last week was midway through a nine-month tour, is riding the crest of a post-rock 'n' roll revival of interest in bands. The revival has not yet risen to the peak of the '30s when the bands roamed the countryside in gaudy caravans, carrying a whiff of the wide world with them. But, although there are fewer bands today, the top ones are making bigger money and getting more bookings. If they wanted to, such men as Ray Anthony, Harry James, Duke Ellington, Woody Herman...
Such was the fate in the 18th century of Frederick the Great, who led Prussia to its peak as a great European power but whose successors could not stop Napoleon; such also was the fate in the 19th century of Bismarck, whose political genius created modern Germany and helped give Europe more than 40 years of peace-both destroyed, after his death, by World War 1. Adenauer is painfully aware of these parallels in German history, and is determined to delay his departure as long as possible, despite his domestic critics...
...economy limped ahead at less than half the Common Market's rate of growth (annual average: 8%). Although at home Britons lived amid unprecedented-and inflationary-prosperity, a long series of financial crises culminated last summer in a massive, sustained flight from the pound that at its peak pumped up to $1.4 billion a month out of Britain. The government stanched the flow with heavy loans and anti-inflationary wage curbs (the "pay pause"), but the only permanent cure, economists decided, was to boost
Auto sales, which in five of the last seven years have reached their peak in June, were slower last month than they were in May-though still 20% above the June 1961 rate...
...rush and dedication of Gene Ferkauf and his boys have not gone unnoticed on Wall Street. Investors who bought Korvette common at its 1960 high have more than tripled their money, and Ferkauf has benefited most of all because he owns 28% of the outstanding shares. From a 1960 peak of 121, Korvette soared to 57 earlier this year, slumped to 32! in the general market plunge, then recovered to last week's close of 38!, where it was selling at 26 times expected 1962 earnings...