Word: floats
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Defense Secretary McElroy, 54, who has long yearned to float back to Procter & Gamble (his last salary there: $285,000) to pick up the Cheerful chairmanship and rescue his bobbing stock options, re-evaluated his stand in the light of Quarles's death, said: "I will certainly be here in December." In fact, he will probably stay on the job until around February 1960, help present the defense budget to Congress...
...sledding holder of the world land speed record (632 m.p.h.), found himself in a jam when the plane's engine flamed out. No slouch in an emergency, Stapp ejected himself at "somewhere between 8,000 and 10,000 feet," back-somersaulted four times, then opened his chute to float to earth. His only memorable injury: a chipped ankle bone. His pilot, Captain Harry B. Davis, a Negro fighter-pilot veteran of the Korean war, was not so lucky, died after his parachute failed to bloom properly...
...General Tufte Johnsen, commander of the Norwegian air force's northern command, picked up the telephone. Calling him from California was an old friend, U.S. Air Force Lieut. Colonel Charles A. Mathison. The colonel's bizarre message: Be on the lookout for a recoverable capsule likely to float down from outer space at about 0230 or 0300, Spitzbergen time. Thus last week began one of the most incredible treasure hunts in the short, incredible history of space...
...speed is arrested by the friction of the air, a small parachute will come out; finally a large chute will deploy and float the man in his capsule. Slowly, he will descend at about 30 ft. per second until he is let down, almost gently, in the Gulf of Mexico. There he will be rescued by a waiting ship of the U.S. Navy and brought back-a hero...
...always been hard for a small, growing company to float a stock issue. Wall Street's big underwriters generally ignore it; the fees are hardly worth the effort. But last week a fledgling microwave-equipment company called F X R, Inc. made news with its new issue. It had taken its modest (200,000 shares) offering to an underwriting specialist as small as itself: C. E. Unterberg, Towbin Co., a two-man firm that operates a one-room office and has won itself a red-hot reputation introducing and making markets for midgets. So successful is the firm that...