Word: grading
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Dates: during 1950-1959
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From the faculty point of view, Halm asserted, "All the students here are well qualified. But you often get a high-grade student who has had little training in economics, for instance. Then I have to allow for these deficiencies and that slows down the class or puts a great load on some people...
...Steel signed contracts to build a $15 million, 170-mile-long ship channel through Venezuela's Macareo and Orinoco Rivers that will enable seagoing ore boats to pick up high-grade iron ore from its Cerro Bolivar iron mine, deliver it to the -new Fairless plant (TIME...
When one load of poor-grade oil burned out the engines of his customers' trucks and tractors at harvest time, Cowden decided to start mixing his own oil, took the first step toward producing his own products. In 1939, he raised $350,000 from $10 shares sold to C.C.A. members, and built a refinery. A month after the refinery went into operation, its supply of crude was shut off. Gowden raised another $120,000 from his members to help buy oil wells and pipelines for C.C.A. It now owns about 1,000 producing wells, more than 900 miles...
Jobs for A.B. Grade...
Extracting copper from such low-grade ore is enormously expensive. To open his Nevada mine, "Con" Kelley had to buy a sulphur mine 60 miles away, to get sulphuric acid needed for the concentrating process. Because exploration is even more expensive, Kelley and others are now going through old diggings to get out the high-cost ore that had been bypassed. Anaconda alone is spending $27 million to tap 130 million tons of such ore in its famed Butte, Mont, properties and another $100 million to process low-grade ore in Chile...