Word: excessives
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...WOLFF Committee's recommendation was not based on financial considerations, however, but on a judgment that the graduate enrollment had grown too large in proportion to the size of the Faculty--the excess of graduate students was hurting graduate student morale, according to the committee. The decline in outside support did not begin until the academic year after the committee issued its report...
...Students--the committee which had decided to abolish the STS program--decided in late March to institute a new tuition abatement program for teaching fellows, with abatements based on a "careful assessment of an individual student's financial need." Dean Dunlop pledged to make available any necessary funds in excess of $800,000 which were required for the program...
Mutual funds are being shaken by an investor revolt. In seven of the past 13 months, the sale of new fund shares to the public has slipped behind redemptions, and the trend is accelerating. In April the excess of redemptions over purchases rose to $250 million, up from the record $194 million in March. Investors are cashing in their shares partly because the funds performed poorly in 1969 and 1970, though they did better than the market averages last year. However, some funds have been able to prosper in the face of the industry depression...
...BOAC and Air France have not signed contracts to buy, despite intense pressure from their governments. The two airlines are holding out for the governments to offer low-interest, long-term loans and guarantees against operating losses. The officers of most lines, still struggling with the high costs and excess capacity of the jumbo jets, wish that the Concorde would just go away...
Squeezed like all big chemical companies by rising costs and depressed prices because of an excess supply of products, Carbide is searching for new "convenience technology" products to increase profits. Last year the company earned $158 million on $3 billion in revenues, or 15% less earnings than in 1969. Now Carbide is having great success with Seed Tape, a ribbon of poly-oxide plastic containing seeds. Using a tractor mounted with a reel of tape, a farmer can plant a crop uniformly. The seeds are evenly spaced, and the tape dissolves when sprayed with water. This eliminates the costly problem...