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...inoculated by major riot have yet suffered a second big outbreak; in the curious chemistry of violence, they seem to have achieved at least a temporary kind of immunization. No one pretends that the problems of the nation's blacks have been solved, and no one yet dares predict what may come after the Thermidor pause is over.* But governments and ghettos alike have become more sophisticated and skillful at handling their common difficulties. Expressing a widespread view, Jack Meltzer, director of the University of Chicago Center for Urban Studies, observes: "The black community realizes that riots hurt them...

Author: /time Magazine | Title: Nation: BUILD, BABY, BUILD: WHY THE SUMMER WAS QUIET | 9/12/1969 | See Source »

Central Gulf and Lykes officials predict that their barge-carrying ships will pare the round-trip time on transatlantic voyages by half, to 30 days. Since transfers of cargo between barges and oceangoing ships will be eliminated, they also expect the vessels to cut shippers' breakage and pilferage costs, and to reduce the heavy investments many shippers must now make in warehouses and dock facilities...

Author: /time Magazine | Title: Transportation: Barges That Cross the Ocean | 9/12/1969 | See Source »

...cost of the nuclear explosive. More important, the gas released from Gasbuggy is too radioactive for use." AEC spokesmen say that the Gasbuggy blast was designed mainly as an experiment to measure the resulting radiation, not necessarily to produce commercially usable natural gas. Because of new safeguards, they predict, Rulison's radiation will be much lower than Gasbuggy...

Author: /time Magazine | Title: Environment: Is This Blast Necessary? | 8/29/1969 | See Source »

...businesses by major banks remains at a record 8½%, but now bankers are talking of possible future cuts rather than further increases in the rate from which all other interest rates are calibrated. Gaylord Freeman, chairman of Chicago's First National Bank, goes so far as to predict that the prime rate may drop to 7½% or even 7% by year-end. Most bankers and economists are more cautious. They warn that interest rates could yet bounce up again. So far, though, demand has been dropping more than it usually does in the summer...

Author: /time Magazine | Title: Business: CONTROLLING INFLATION: A LONGER TIMETABLE | 8/29/1969 | See Source »

...brokers are strongly bullish or strongly bearish. Those who expect the Dow-Jones average to fall below 800 predict that any new decline will be less violent than the 167-point May-July plunge. Those who expect the July low to stand as the bottom of the 1969 market predict that stock prices will move sideways for a long time until there are solid indications that inflation is being brought under control. Such prospects may be faintly reassuring to the average investor, but they do not promise much chance for speculators to recoup their mid-1969 losses quickly...

Author: /time Magazine | Title: Wall Street: In Search of a New Game | 8/29/1969 | See Source »

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