Word: dampens
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...Times Co. v. Sullivan. In that case, the court said that a public figure must show that a publication knew its statements were false or had recklessly disregarded the possibility that they might be. Shot through as it was with unstinting references to Sullivan, last week's ruling should dampen speculation that the justices might be ready to reconsider that decision...
...popular and may have been responsible for a big part of last Friday's plunge. The Brady report suggested that such volatility might be curbed if the 12% margin needed for buying a stock-index future were brought more into line with the 50% required for stocks. That might dampen speculation at the Chicago Merc. Critics of this idea, however, point out that the big institutions that play the index arbitrage game generally pay cash for their contracts...
Even October's stock-market crash and the cloudy economic outlook have so far failed to dampen the industry's robust bookings, which reached $5 billion in 1987. One reason is that travelers no longer view cruises as an extravagant expense. Because many passenger lines are trying to lure more first-time, middle-class customers, prices have moderated in comparison with other types of vacations. Besides the traditional luxury cruises that cost a daunting $400 to $600 a day, many lines offer so-called contemporary excursions that run about $140 to $220 (including meals and activities...
Throughout the week Israeli officials attempted to find ways to dampen tempers. In the West Bank, they closed Hebron University, a hot spot of Islamic fundamentalist activity, and several other colleges. A two-day shutdown of nearly 900 Arab schools in the occupied territories was extended through this week. The Jerusalem daily newspaper Al Quds, which circulates widely in Gaza and the West Bank, was banned there for one month after it published a picture of an Israeli soldier carrying a tear-gas launcher and fleeing from a crowd of demonstrators in Gaza. Two refugee camps, Jabalia...
Those clouds, though, could not dampen the 1987 harvest. Despite all the idle farmland, wheat production was up 1% from last year's sizable crop, to 2.1 billion bu., while the soybean crop also rose 1%, to 2 billion bu. Good weather resulted in especially strong yields in Iowa, which vaulted past Illinois to become the top producer of corn and soybeans...