Word: peak
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Soon machines were shipped in, roads were snaked around Itabira's core, and test drillings were sunk into the solid heart. The peak's top 300 feet proved out as "compact hematite," red as rust and heavy to the hand-and the best ore there is. Below were huge deposits of "Canga" (54-62% iron) and soft "Itabarite" "(45-52%). After the tests, the work went ahead faster than ever. Though mechanization was by no means complete, Rio Doce was showing results. Last year, 700-odd Brazilian miners, with the help of two U.S. superintendents...
Hovhaness has written eight symphonies, but now regards with contempt all the music he wrote up to four years ago. Says he: "Western music probably reached its peak with Mozart, and certainly with Beethoven. Since then, more & more it has become overloaded with superficial harmony; like some baroque building it seems about to collapse with ornamentation...
More for Farmers. Despite the sharp drop in commodity prices last month, farm income in the first quarter of this year is expected to reach a peak of $6.4 billion. For farmers, the only effect of the commodity drop, reported the Department of Agriculture, was to cut the size of their increase over 1947 from 12% for the month of January to an estimated 6% for the first quarter...
Like Old Times. The auto industry, not yet feeling the effects of the coal mine stoppage, expected to make more than 1,250,000 units in the first quarter, about equal to the peak prewar total. For customers awaiting new cars, the volume was not so cheering as it seemed: 27% of it would be in trucks, compared to an average of about 20% prewar...
...Tumble. U.S. exports & imports both tumbled in January. Exports of $1,017,900,000 were 28% under the postwar peak last May. Imports of $543,700,000 were only 9% less than the postwar peak in December...