Word: grade
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...ball made out of yarn wrapped around a stone. He threw stones at squirrels until his aim was deadly. By the time he was 12, he was invited to pitch for the baseball team of a nearby high school which, because he had left grammar school after the fourth grade, he was too ignorant to attend. At 16, he enlisted in the Army, got his first pair of shoes, pitched for his post team. At 18, he was hired to read gas meters for San Antonio Public Service Co., pitch for their baseball team. In an exhibition game against...
...MacNaughton's achievement was to mine at a profit 3,000,000 tons annually of low-grade ore, averaging less than 1% copper, from the deepest mine in North America, the famed Conglomerate shaft which has passed a vertical depth of 5,000 ft. Such lean ore had never before been mined so far down. In open-pit mining, which means simply shoveling away a hill of exposed ore (as at Bingham, Utah), lodes down to 8/10 of 1% can be handled profitably. Deep-vein mining entails the cost of tunneling, drilling, blasting, hoisting, ventilating. Mining engineers consider...
...were merged. Fifty years later C. & H. had yielded total dividends of $152,250,000-a return of 100 for 1 to the Boston stockholders on their original investment. But in 1907, when copper enjoyed one of its booms, the Michigan Copper Country was already on the down grade. Again during the War all the mines started up full blast. In 1929, as a last triumphant gasp, C. & H. made 90,000,000 lb. of copper. The rest is drabness. The 100,000,000 tons of ore remaining among the lava flows probably average no more than 1% copper...
...question, "Can you beat inflation?" he replies that there is "no SURE answer." He favors good stocks, lower-grade bonds, real estate ("but be careful"). Commodities he would leave to specialists. And he thinks now is a good time to expand or start a business, particularly a small...
...process of making one into the other is the trade secret of artists, but on each book, picture, statue is the trade-mark of the maker's tools. The smoothly machined product of such novel-factories as Edna Ferber needs no watermark: consumers know it is standard brand, Grade B entertainment, an honest product sold for an honest price...