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...sound barrier (TIME, June 21, 1948), it is expected to reach 3,600 m.p.h.-twice the speed of a high-powered rifle bullet. Since such speeds cannot be maintained in the lower atmosphere, the X-15 will be carried to 35,000 ft. by a B-52, will then climb to an altitude of 100 miles. Burning liquid ammonia and liquid oxygen, its motor will develop 50,000 Ibs. of static thrust, and more power (500,000 h.p.) at full speed than the carrier Forrestal...

Author: /time Magazine | Title: Science: Red-Hot X-15 | 10/27/1958 | See Source »

...starts, at 108,000, lifted the seasonally adjusted rate to 1,220,000, making last month the homebuilders' best September since 1955. Counting 10,000 public housing starts, it was the residential construction industry's best all-round September since 1950. Freight carloadings continued their five-week climb, rising 9,122 in the week to a new 1958 high of 686,138. Estimated steel production last week pushed to 73.6% of capacity, up from 71.6% during the week before...

Author: /time Magazine | Title: STATE OF BUSINESS: Toward the Peak | 10/27/1958 | See Source »

...market up was a big play in the nonferrous metals market. Copper shares rose up to 9^ points for the week, partly on the strength of copper strikes in Canada, Northern Rhodesia and New Mexico. Zinc and aluminum stocks also rose. The feeling that the U.S. economy on the climb again would be a spur to world business helped push up stocks in Europe (see Business Abroad...

Author: /time Magazine | Title: STATE OF BUSINESS: Tremendous Surge | 10/20/1958 | See Source »

...have orders, with deposits, for 40 cars-which is just 39 more than we had last year at this time." The new American Motors Rambler is almost the same as the '58 model, which rang up a company-saving 171,000 sales. American expects '59 sales to climb to 252,000, and many dealers are already well ahead of last year...

Author: /time Magazine | Title: AUTOS: Fast Getaway | 10/6/1958 | See Source »

...equally empty, equally to be loved, equally a coming Buddha." A hip peg in a square world, Ray meets his oddball twin in Japhy Ryder, a twinkly-eyed Zen Buddhist hobohemian who lives in a shack at Berkeley, Calif. Japhy's remedy for a "sick civilization" is mountain climbing. But before the two buddies hit the trail, Japhy initiates Ray in a nonascetic pastime he calls "yabyum,"*and it makes such fictional standbys as nude mixed bathing seem mid-Victorian. A yabyummy blonde compliantly strips to the buff to play the role of the "holy concubine" in the first...

Author: /time Magazine | Title: Books: The Yabyum Kid | 10/6/1958 | See Source »

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