Word: metrics
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Dates: during 1980-1989
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...earth for signs of pay dirt. The ground around them flows with a liquid waste, from the panning and sluicing, that is the color of oxblood. The methods may be crude and oldfashioned, but they are productive: Serre Pelada is turning out gold at the rate of a metric ton per month, three times as much as the next biggest mine in Brazil...
...again by the end of June. The market has also been helped by the timing of the Soviet decision to resume buying American grain on the last year of a five-year contract. It was announced last week that the Soviets will make an initial purchase of 100,000 metric tons each of corn and wheat. That, plus an influx of commercial buyers, has pushed farm prices up for almost all commodities. "I don't think you can be bearish on anything," says Howard Fisher, a Chicago Board of Trade broker...
...plastic." His basic finding: China has embarked on a promising effort to expand its petrochemical production dramatically so that it could eventually become a major manufacturer and exporter of synthetics and resins. By 1985, if all goes well, China's production of ethylene will quadruple from 455,000 metric tons a year to 1.9 million. Polyethylene output is expected to expand from its very low current levels to about 1 million metric tons annually...
Since Jan. 1, when wine and liquor bottlers began observing a federal mandate to switch to metric measurement, the cost of boozing has been confusing. Pints, fifths, quarts, half-gallons and gallons are being replaced in stores by new-size bottles. The quart, for instance, is being supplanted by a container holding 1 liter (a good slurp more than the old bottle); a half-gallon jug of vino now comes in a 1.5-liter size, while the half-gallon of hard stuff has become a 1.75-liter container. Judging the better buy between sizes is enough to drive an Einstein...
...Administration quickly found itself with some unofficial support. Acting on its own, the International Longshoremen's Association declared a boycott in ports from Maine to Texas on all cargo to or from the U.S.S.R., leaving Moscow with no way to obtain the 3.4 million metric tons* of U.S. corn that is exempt from Carter's embargo. The corn is part of the 6 million to 8 million tons that the U.S. had promised to sell to the U.S.S.R. each year under a long-term agreement signed by both governments in 1975; at least an additional 4 million to 6 million...