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...story: Atlas coursed over an ocean at 16,000 m.p.h.. past the equator, past Ascension island, to a point near St. Helena, where the exiled and imprisoned Napoleon died, until, only 1,200 miles from the African coast and only 30 minutes after launching, its nose cone shot down into the South Atlantic. The distance: a fully programed 6,300 statute miles, equal to the span between Denver and Peking, or between an Alaskan launching site and any major target in the Northern Hemisphere. Thus, after only 17 months of flight-testing, Atlas in one epochal shot was well...
...prime contract had been awarded to Accuracy Inc. of Waltham, Mass. Accuracy Inc., said the reports, was letting subcontracts for the MOLE's propulsion system ("an atomic engine energized by the molecular disintegration of whatever element it traverses") and its molizing system (a special reverse cone which pulls the dirt in after the missile so that its path cannot be tracked from the air). On Aug. 4, the MOLE was successfully fired from its sinking site in Death Valley. It went into orbit at "depths variously reported as from a few inches to 60,000 ft." Two weeks later...
...posts have "watched" 800-mile flights from the Krasny Yar missile range and from the island of Novaya Zemlya off the northern coast in the Arctic Sea; and the Russians have shot an ICBM thousands of miles. It may be that they have not yet developed a dependable nose cone or solved the re-entry problem (the U.S. Army's Jupiter nose cone was recovered intact, earlier this year, after a 1,600-mile shoot). Still, the U.S. has yet to go the full distance with the Atlas 5,500-mile ICBM. In missiles, more than in any other...
...most parts of the U.S., businessmen reported that repossessions during the recession were "insignificant." In the Midwest, says Vice President Keith Cone of Chicago's La Salle National Bank, "the rise in delinquencies and repossessions was just not alarming at all." By prodding the creditor to be more cautious in his lending and thus weeding out many a weak credit risk, the recession actually im proved collections in some places. Sanger Bros. Department Store in Dallas and one of San Francisco's biggest department stores reported that collections were better during the recession than before it. Said Emil...
Last week the Air Force was highly enthusiastic about this concept. The beauty of ablating materials is the lightness that they allow in a nose cone. A solid-fuel missile like the projected Air Force Minuteman ICBM (due in 1963) would be badly overloaded with a heavy copper nose. Now the Minuteman will reportedly get a sharper, ablative nose, as may later advanced versions of the liquid-fuel Atlas and Titan, thus returning advanced missilery to orthodox streamlining...