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Computer Breakdowns. An obvious solution to the back-office snarl would be to computerize the transfer of securities among brokerage firms, thus converting a cumbersome manual task to a mere bookkeeping operation. The Big Board started a Central Certificate Service in February that is intended to operate as just such a clearinghouse. But computer breakdowns and other snags slowed the system until last week, when the C.C.S. resumed full operation. The brokerage business may face more financial woes before happy days return. Profits seem likely to continue their fall until rising stock prices bring an upturn in trading volumes...

Author: /time Magazine | Title: Wall Street: Blue Days for Brokers | 8/15/1969 | See Source »

...while also making the final descent. "It gave us grave concern," said Director of Flight Operations Chris Kraft. Mission Control quickly spotted the cause and ordered the rendezvous radar turned off to remedy the situation. And then, unhappy with the terrain of the landing site, Armstrong took over the manual controls. Had he not done so, the LM would have set down in an area strewn with boulders...

Author: /time Magazine | Title: The Moon: TASK ACCOMPLISHED | 8/1/1969 | See Source »

...Chicago, the S.D.S. determined that it would renew and intensify its efforts to infiltrate labor and create a revolutionary worker-student alliance. Similar "work-in" programs had been attempted before on a smaller scale, but this time the campaign was planned in detail. A lengthy Work-in Organizers Manual was circulated among S.D.S. chapters. At the convention, both factions endorsed the alliance concept, although in somewhat differing forms...

Author: /time Magazine | Title: Students: How Radicals Spend Their Summer | 8/1/1969 | See Source »

Class Perspective. The manual told students how to get jobs: "You're not afraid to work is the idea to get across"; "Don't dress like a slob." It also explained how to act: "Don't talk to workers like you know everything and they know nothing." It summed up the program's purpose: To get across "the identity of interests of students and workers" and spell out "the relationship of the Viet Nam and the other imperialist wars to their immediate demands, to the fact that they and their sons die in the war, that...

Author: /time Magazine | Title: Students: How Radicals Spend Their Summer | 8/1/1969 | See Source »

...year-old civilian with 23 years of experience at flying everything from Ford tri-motors to experimental X-15 rocket planes, took decisive action. The automatic landing system was taking Eagle down into a football-field-size crater littered with rocks and boulders, Armstrong explained: "It required a manual takeover on the P-66 [a semiautomatic computer program] and flying manually over the rock field to find a reasonably good area." The crisis emphasized the value of manned flight. Had Eagle continued on its computer-guided course, it might well have crashed into a boulder, toppled over or landed...

Author: /time Magazine | Title: The Moon: A GIANT LEAP FOR MANKIND | 7/25/1969 | See Source »

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