Word: controler
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Dates: during 1940-1949
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Fire! Then Murphy counted by seconds: "X minus 10 . . . 9 . . . 8 . . ." When he reached "5," Rosen ordered: "Fire!" A man at the control board pushed a switch, setting off the rocket's igniter. The rocket was not supposed to go off until "zero," but as Commander Murphy chanted "4 . . . 3 . . ." an enormous, fiery blast broke out from under its fins. For a fraction of a second, the rocket hesitated. For another fraction it rose slowly. Then it rose like a streak, as if an irresistible force had picked it off the earth and tossed it into the sky. Behind...
...seconds later, a radio signal from the control room exploded a small charge and blew off the rocket's nose. Unstream-lined by separation, the parts tumbled over & over. As they fell toward the earth, observers saw silvery flashes of sunlight reflected from aluminum. Dust rose from the desert, and back from eight miles away came a muffled sound of an alcohol-oxygen explosion...
Died. William P. Odom, 30, globe-girdling veteran flyer; in an airplane crash (his F51 Mustang went out of control at Cleveland's National Air Races); in Berea, Ohio. Odom's round-the-world flight in April 1947 (78 hrs. 55 min.) broke Howard Hughes's record; his solo global trip four months later in a converted A26 bomber (73 hrs. 5 min.) shattered Wiley Post's old solo mark; his 5,000-odd-mi. hop in 36 hours from Honolulu to Teterboro, N.J. last March set a new light-plane record...
Greenfield went broke, but he seemed to get along just as well without money. He stayed on as chairman of his most potent company, Bankers Securities Corp., and came back fast. Through Securities Corp. he moved into control of City Stores, Loft Candy Corp., New York's Hearn Department Stores, Inc. retail chain, and a big minority interest in Walter Hoving's Hoving Corp. (Bonwit Teller, John David, Anson-Jones). Still one of the biggest U.S. real-estate operators and hotel owners, he was the prime mover in luring the 1948 Republican and Democratic conventions to Philadelphia...
Sixth Ahead? As a merchandiser, he keeps a tight rein on management at the top level, yet gives his local managers plenty of leeway to run their stores. Like other loosely connected chains, City Stores cuts costs by centralized buying and cost control, hopes to do better the bigger it gets...