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Topping off a week that, on the face of it. should have put Wall Street in a rosy glow was mounting evidence that corporate profits had set a first-quarter record in 1962. From corporations across the whole spectrum of industry came glittering reports. Du Font's first-quarter earnings were a record $2.23 a share v. $1.85 last year; Republic Steel's were 99? v. 37?. U.S. Rubber's 75? v. 68?. Standard Oil of California...

Author: /time Magazine | Title: State of Business: Squeezing the Great Bull | 4/27/1962 | See Source »

...seldom before been noticeable in Bergman's movies. Bergman's new capacity to touch the heart is not a large capacity, not a teeming oceanic love of all mankind. But it is enough to melt the ice in his irony and to lend his humor a kindly glow. It also pumps some warm blood into his characters, and the warmth has relaxed and inspired his actors: seldom has one film offered four performances of comparable quality...

Author: /time Magazine | Title: Cinema: Birth of a Dark Hope | 3/23/1962 | See Source »

...their knowledge of all the good restaurants in Asia." And he took proprietary pleasure in finding TIME on the newsstands everywhere in Asia, even at tiny and badly lit newsstands on the back streets of Hong Kong. Says Auer happily: "A TIME cover glitters very nicely in the glow of a kerosene lamp...

Author: /time Magazine | Title: A Letter From The Publisher: Mar. 16, 1962 | 3/16/1962 | See Source »

Just a year ago, the Congress-and much of the U.S.-was skeptical and wary of the newly created Peace Corps. Last week, as it celebrated its first birthday, the Peace Corps bathed in the warm glow of bipartisan praise-and knew just how to use its popularity to advantage. President Kennedy submitted legislation to increase the Corps' authorized strength from 2,400 to 6,700 by mid-1963, noting that the Corps' "early successes have fulfilled expectations." Peace Corps Director R. Sargent Shriver went before a House committee to ask $63.7 million for fiscal 1963, more than...

Author: /time Magazine | Title: The Administration: More for the Corps | 3/9/1962 | See Source »

...preset mechanism in the capsule, the braking rockets fired in sequence. Friendship 7 shuddered. "It feels like I'm going clear back to Hawaii," Glenn radioed. He could feel his body beginning to be squeezed by the buildup of G forces. Outside the window, he could see a fiery glow. It grew brighter and brighter. "It became apparent that something was tearing up the heat shield end of the capsule." Glenn said later. "There were large pieces anywhere from as big as the end of your finger to seven or eight inches in diameter that were coming past the window...

Author: /time Magazine | Title: Nation: Space: The Flight | 3/2/1962 | See Source »

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