Word: buoys
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...increasing talk about inflation also tends to buoy the market, of course. Last week Robert V. Roosa, Under Secretary of the Treasury, told a meeting of the Business Council that he believed the labor settlements in the auto industry had "probably been too big." Most important, the Federal Reserve Board's announcement that industrial production in September rose to 133.9% of the 1957-59 average meant that the U.S. economy had expanded for the 43rd consecutive month...
Looking for all the world like a buoy that sprouted wings, the National Aeronautics and Space Administration's Nimbus weather satellite last week soared into space from its pad at Point Arguello, Calif. The Nimbus program has already cost more than $100 million, but the price tag may be well worth it. The ninth weather eye to be orbited by the U.S., the General Electric-built Nimbus is at once the biggest and most advanced weather satellite sent into space since Tiros I pioneered the use of satellites for meteorology more than four years...
...later they were at it again, and this time Eagle made it exciting. As usual, Cox won the start for Eagle, defended masterfully through a series of furious tacking duels, and led Bavier's Constellation around all five marks of the 24.3-mile Olympic course. Turning the final buoy for the 4½-mile upwind beat to the finish, Cox had a 22-sec. lead. Then Bavier set a new jib on Constellation and launched an exhausting short-tacking drive; 17 times in 15 minutes he put about, gaining a precious second or two on each tack. At last...
...hadn't been for two fouls, Harvard would have come 27 points closer to winning the trophy, which they last took home two years ago. In the eighth race Dave Stookey was disqualified for hitting a buoy, and in the tenth race, Tim Prince dropped out after hitting a starting line marker...
...knocks the boy (who has protested that he can't swim)in after it. The lad disappears and the wife, convinced that he has drowned, berates her husband as a murderer and a coward. The man, beaten and scared, leaves the boat and swims for shore. From behind a buoy, where he has been hiding, the boy swims back to the boat and triumphantly seduces the wife...