Word: peak
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...Iceberg Peak. At week's end Hubert Humphrey, himself an advocate of inspected stop-the-tests, summed up: "We get conflicting testimony from equally competent witnesses on both sides and even within the Administration." And best evidence was that last week's testimony was only the visible iceberg peak of a classic inner-Administration argument as the Administration attempted to set a new cold-war balance between what Secretary of State Dulles and his advisers call "ponderables," i.e., military necessities, and "imponderables," i.e., propaganda to placate "world opinion...
...Only three months ago, President Eisenhower, hopeful that the economy would soon perk up, predicted a skinny 1959 surplus of $500 million. But January's estimates are already obsolete. Anderson reported that the spending estimate has jumped $4 billion from programs already in the works, to a peacetime peak of $78 billion...
...Terms of Trade. In volume, trade with Latin America, the U.S.'s biggest supplier and biggest market, is slightly up. What pinches is a 15% slide in the terms-of-trade index from its 1954 peak. Coffee now brings 53½? per lb., down from 70? in 1954; refined copper trembles at 25? per lb., down from 43? in 1955; lead, zinc, tin, wool, hides, wheat and cocoa have all slipped. But such U.S. exports as cars, machinery and structural steel cost as much or more than ever...
...anticipation of Prohibition's demise. He became president of the new Premier-Pabst Corp., and Fred Pabst, son of the founder, later became chairman. Perlstein led the company through its period of greatest growth and profitmaking, saw it reach its biggest year in 1949 with a sales peak of $168,994,000. But Perlstein soon found himself hurt by his own success. Hit hard by the steadily flattening beer market, Pabst sales slid steadily. To make matters worse, Perlstein drew the wrath of the Pabst family for opposing their attempts to get more family members into the business...
Indeed, it must be admitted that Radcliffe has not brought the chemise to Cambridge. Not only is it not assuming an exemplary role in introducing this mode, but it seems to be bucking the prevailing national trend. Spokesmen for the garment industries report peak sales of the baggy look across the country. Everywhere but in Cambridge, women, mounted on pointed Italian shoes, are getting into their loose sacks. Only here are flats and contour clothes holding their...