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Measuring deep ocean currents was almost impossible until Britain's Dr. John Crossley Swallow developed a "float" (it sinks). Made of strong aluminum tubing closed at the ends, it is carefully weighted so that it barely sinks in sea water. As the depth increases, pressure makes the water heavier. The aluminum tubes resist the pressure better than the water does, so eventually the float stops sinking. It will hang at any desired level while a battery-powered transmitter sends ultrasonic beeps that carry for miles...

Author: /time Magazine | Title: Science: Counter Gulf Stream | 6/17/1957 | See Source »

...Behns with a $122 million debt. Like a nine-lived cat, I.T. & T. was saved when the U.S. went off the gold standard, raising the value of foreign money. Sosthenes worked his way out of the hole (minus Hernand who died in 1933) by getting foreign subsidiaries to float local bond issues, boosting the parent company's U.S. credit. But no sooner was he solvent again than European upheavals put him right back in trouble...

Author: /time Magazine | Title: INDUSTRY: The Global Operator | 6/17/1957 | See Source »

Another major public financing got started last week. In St. Louis, Southwestern Bell Telephone Co.'s board voted to float $100 million in new debentures to help pay for its fiveyear, $1,125,000,000 expansion program. If stockholders and the Securities and Exchange Commission approve, the issue will...

Author: /time Magazine | Title: WALL STREET: IBM's Bargain Sale | 6/3/1957 | See Source »

...dilute the mixture with water just enough, the olive should float half-way up again...

Author: By Walter E. Wilson, | Title: Bloop | 5/28/1957 | See Source »

...Other clubmen think that spectacular TV has satiated the public's appetite for shows, or that people simply do not dance any more (although dancing schools are jammed). Whatever the reason. Manhattan is down to two chorus lines (the Copacabana and the Latin Quarter, both of which float high on expense-account money); Chicago has only one (Chez Paree); and most other cities see big-show nightclubs only in the movies. But new music rooms are opening all the time...

Author: /time Magazine | Title: Music: Rise of the Music Room | 5/27/1957 | See Source »

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