Word: peak
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...help could hardly come soon enough. The country's foreign exchange reserves, which were at a peak of $36,600,000 before sanctions were imposed last year, are down to a rock-bottom $3,800,000, and its gold stocks stand at a minuscule $3,000,000. Much of the money drain is the effect of the sanctions, but the departing Trujillo clan looted the remainder. The continuing civil strife has choked off investment; industry and commerce are hard hit, and at latest count fully one-half of the tiny republic's 2,900,000 people...
...rest of their $11 million, explaining that it was impossible to maintain good material at the accelerated pace. "You'll have to give us time to think it over." said Buick. nonplused. They thought it over and finally agreed. Like all TV phenomena. Gleason had reached a peak and was apparently in decline. In 1957-58, he took a year...
...compete in the European market will require U.S. businessmen to modernize more imaginatively. The U.S. today is producing at 17% below peak capacity, but much of its unused manufacturing plant has aged into noncompetitive obsolescence. Says Federal Reserve Board Chairman William McChesney Martin Jr.: "We have lots of additional plant and equipment which could be brought into play if demand increased. But business could not sell their production without raising prices. The steel industry knows that if the demand in Europe ever slackens off and those plants are free to turn this way, they could undersell our industry almost...
...proposed merger seems to make good economic sense. National, which does its peak business in winter, has routes running north from its Miami home base to Boston, and west through Houston to Los Angeles and San Francisco. Continental, which carries more passengers in summer, has a route system fanning out from Denver to Los Angeles and Chicago. By merging, the lines should balance out their seasonal fluctuations. And National, which lost $7,000,000 in the fiscal year ending June 30, may learn something from moneymaking Continental, which boasts the lowest break-even point in the industry...
After a tough weekend in Minnesota, the Crimson travels to Colorado Springs to meet Colorado College, another Midwestern school that has adopted what Eastern colleges consider to be the right approach to hockey. The teams will clash in the famous Broadmoor Rink, at the foot of Pikes Peak...