Word: grade
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...impossible that over twelve thousand examinations could be corrected and graded without error. And it is only natural that students on the border line of a certain group of the rank list should find that error and wonder if something could not be done about it. Still there is something to be said on the side of the instructor who sends his grades to University Hall and foolishly imagines his year's work done until the avalanche of requests for grade changes deposits him turbulently in the midst of another maelstrom...
...student who receives the grade he deserves and knows it, yet still troubles his teachers for improvement is both pitiful and disgusting. The man who seriously feels he has been overlooked and asks an impersonal reconsideration of his case for some specific purpose, however, is not asking too much. But the man who throws himself on the sympathy of the instructor and asks for something not coming to him is not only insulting the intellectual honesty of Harvard's faculty but placing himself in a position which, if it does not destroy his self respect at least destroys the respect...
Never before have bond prices been so high, bond yields so low. The previous high was around 1900, when high-grade issues sold to yield something less than 4%. At that time the best opinion was that low interest rates would continue for the first two decades of the 20th Century. The experts were dead wrong. Interest rates rose and bond prices fell almost without interruption until the post-War depression. Through most of the 1920's bonds climbed steadily, then started to fall again when money tightened during the last purple days of the stockmarket boom. The present...
...bond market. At a meeting of the New York chapter of the American Statistical Association last fortnight no less than three went on record with loud warnings. Said Columbia University's Leland Rex Robinson: "Now hardly seems the time to pay high premiums for bonds. . . . The higher the grade of bond the greater the speculation in buying it now. It is difficult to see how the artificially low interest rates and bond yields . . . can much longer continue...
Economist Lionel Danforth Edie: "My guess is that the bottom of the low money rate cycle ... is right now-I mean in 1936, and the middle of 1936. . . . The high-grade bond market is inflated and inflated relatively more than the stock market was in 1929 and it is just as vulnerable to a very sharp move the other way for similar reasons...