Word: one-fourth
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...County was a somnolent, 70-mile stretch of citrus groves along the Atlantic Coast. Thanks largely to the Cape Kennedy space complex, the county's population has grown to 250,000 today, and there are more engineers and technicians (35,000) than there were people in 1948. Nearly one-fourth of Brevard County's residents have a college education, six times the national figure; incomes in this affluent subsociety range from $8,000 to the moon. Most families own a boat and at least two cars...
Anaconda, however, refused to sell a share of its Chuquicamata and El Salvador mines. The government settled for one-fourth of the company's new Exotica mine, which next year is expected to add 112,500 tons to Anaconda's annual 407,000-ton production, and 49% of an exploration company. Unlike Kennecott, Anaconda depends on Chile for most (61%) of its production and half of its earnings. The company reports that its profits from Chile totaled $99 million last year, about a 17% return on its investment; the Chilean government, using different base figures, calculates that Anaconda...
...main shopping streets are gone. So much business has fled the community that city hall is now the third largest employer, public schools the fourth. More than half of the city's families live on less than $3,000 a year; 21% of the labor force is unemployed. One-fourth of the 82,000 residents receive some kind of public assistance. Relations between the city's 38,000 whites and its 44,000 Negroes are abrasive at best. Though little organized vice survives and the once famous red-light district is deserted, East St. Louis has one...
Even with the improved technique and results, surgeons concede that operations for hiatal hernia should not be undertaken lightly. Of the patients whose X rays reveal the condition, said Dr. Adams, only about one-fourth need any treatment, medical or otherwise. Only about half of those need undergo surgery. For the rest, there are antacids, perhaps other drugs-and, of course, that infernal bland diet...
...step. The bank is, after all, well attuned to credit pressures. A leading corporate lender, it was one of the banks most severely squeezed in the "credit crunch" of 1966. This time, the Federal Reserve Board's policy of gradual "disinflation without deflation" has kept U.S. banks at some distance from anything like the 1966 crisis. Though forced to pay interest as high as 81%, the banks have been able to bring home some $2.4 billion in "Eurodollars"-or about one-fourth of the U.S. dollars on deposit in foreign branches of U.S. banks...