Word: grade
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...school morning last week in Salt Lake City, the corner of Ninth South and Eleventh East Streets was as busy as usual: scores of cars rushing city workers downtown, busses carrying students to nearby grade schools, junior high schools, the East High school, the University of Utah. Sidewalks were thick with children...
...TIME rated Reader Davey's first novel, Dawn Breaks the Heart, a creditable Grade-B performance, had no political angle...
...outlet for their idle money, banks were forced to turn to Government securities and high-grade corporation bonds; their competition for these securities pushed up prices and pressed down hard on interest yields. The yield on long-term Government bonds dropped from 3.68% in 1932 to 2.21%, on short-term Treasury notes from 2.77% to 0.5%. With the bulk of their earning assets drawing this meagre return, the banks have been hard put to make profits. Net earnings of member banks ($715,000,000 in 1929, before gains and losses on investments) have hovered around $400,000,000 a year...
...that darkness the battered, drained and dry-wrung people of London still reveal their incredible fibre. They have endured Puritanism, mercantilism, industrialism, sinking physically, among the nations of Europe, from the first grade to the third. But Europe's once strongest stock survived the plagues and the Great Fire, and it now turns the worst rage that modern war can wreak into just another trial to be confronted. In confronting it, Londoners have rediscovered their chief racial faculty, once wild, now disciplined: a casual, bottomless courage...
...official gave them 40 rubles, entered it on his books as a payment for old-age pensions. They were given papers bearing a GPU stamp, so no machine shop dared to hire them. Instead, they got work shoveling earth on a railway grade...