Word: climbed
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...with conventional antisub weapons. But on the Norfolk's afterdeck a clumsy-looking box swung like a gun turret. A section of it tilted, doors popped open, and with a screaming roar a slender rocket slanted upward, trailing a feather of flame. Near the top of the climb the engine section separated, and as the missile curved down toward the sea, two more pieces fell off, releasing a small parachute to check its speed. When the missile hit the water, it freed itself from the parachute, turned itself into an acoustically guided torpedo and darted toward the Skate...
More of Everything. Milan last week was the pace setter in the astonishing postwar boom that has enabled the storied country of palaces, cathedrals and antiquities to climb in industrial production to third place in Western Europe. Nearly 500,000 cars throng the streets, which are wide by Italian standards and spotlessly clean by any standards. Traffic moves faster and with better discipline than in anarchic Rome, yet the accident rate is higher. The Milanese have an explanation: local drivers and pedestrians are so engrossed in important affairs that they often forget to look where they are going...
...case, the missiles at a base cannot be fired in salvo. Each must wait its turn-and during the wait an enemy hit may wipe out the base itself. All future U.S. missiles will be inertially guided. Since they will be self-contained, an unlimited number of them can climb into space at the same instant, each carrying instructions to fly to a different target, and each bearing the self-containing wherewithal for devastating accuracy...
...banking business. After 1954 loan disbursements dropped rapidly. By 1956 Indiana's Republican Senator Homer Capehart had managed to convince Secretary Humphrey that Ex-Im's soundness and buy-U.S. policy helped U.S. industry without being a giveaway, and disbursements began a new climb...
...discount cut is bound to make it easier-and cheaper-for the Government and business to raise cash. At the prospect of lower rates, long-term Government issues last week speeded up their recent climb; yield on one issue dropped to 3.93% v. 4.27% less than two months ago. Wall Street hoped that the Fed's next move would be to lower the 90% margin requirements on stock purchases. Brokers feel that the market, like the economy, has behaved well-and now could also use a little easier credit...