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...Heaviest losers were the steelmakers. Bethlehem Steel, the nation's second largest producer, shaken by a 59% drop from last year's $33.9 million to this year's $13.9 million, chopped its quarterly dividend from 60? to 37½?. Jones & Laughlin's earnings melted from $10.1 million to $1.9 million while deficits were reported by Pittsburgh Steel ($814,000) 'and Kaiser Steel ($2.5 million). By contrast, steel's tough competitor, Aluminum Co. of America, increased its earnings 26% from $9.4 million to $11.8 million...

Author: /time Magazine | Title: Earnings: Better Than Expected | 11/2/1962 | See Source »

Moscow was reeling under the heaviest American cultural onslaught in its history. Within the space of only a few weeks, Bass Jerome Hines had launched a Russian tour from the stage of the Bolshoi, Igor Stravinsky had returned to his homeland, and George Balanchine had arrived with his New York City Ballet. Then, almost unheralded, the Robert Shaw Chorale turned up last week and outdid them all. At an opening concert at Tchaikovsky Conservatory, the 34-member choral group scored a popular triumph the likes of which Moscow had not seen since 1958, when Van Cliburn took over the town...

Author: /time Magazine | Title: Music: The Spirit in Moscow | 10/26/1962 | See Source »

...strike day dawned bright and clear, many suburban workers bolted from the breakfast table with their kippers uneaten and their cuppas undrunk. To their surprise, there was no need at all to rush. As it turned out. the heaviest road traffic was not going into London but the other way-to beaches, picnic grounds and golf courses. For every brave Briton who had decided to struggle to work, it seemed that at least two simply took the day off. The City of London had one-third its normal inflow of 1,500,000 people. Shops were half empty. Autos zipped...

Author: /time Magazine | Title: World: A Lovely, Lovely Strike | 10/12/1962 | See Source »

...Seventeen years ago, dolling! I didn't know vat I vas doing! I vas still just a little Hungarian teen-ager," said a contrite Zsa Zsa Gabor in her heaviest sour-cream accent. Back in 1945, the most visible of Mamma Gabor's three girls had tossed a tantrum in Manhattan's El Morocco nightclub, wound up spitting in Owner John Perona's face, and was banned forevermore from the zebra-striped benches. Now, a year after the proprietor's death, Son Edwin Perona listened to the importuning...

Author: /time Magazine | Title: People: Aug. 10, 1962 | 8/10/1962 | See Source »

Only survivor was a movie camera that had photographed the same scenes, then descended safely to earth on a parachute. But for all the spectacular burnouts, the shot was not a failure. The great balloon, largest though not the heaviest man-made object ever to enter space, was intended to destroy itself without going into orbit. The shot was only a test to perfect the difficult art of inflating big balloons in vacuum. A similar attempt last winter failed when the balloon burst because of too much gas pressure (TIME, Jan. 26). Last week's success means that...

Author: /time Magazine | Title: Science: Practice Space Show | 7/27/1962 | See Source »

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