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Searchlights raked the skies. Limousines nosed up to the blue-and-white canopy of Indianapolis' Clowes (pronounced Clues) Memorial Hall, unloading passengers into the glare of flood lights and popping flashbulbs. Remarked one ticket holder: "In all honesty, I'd probably not walk across the street to hear an opera, but this - this is some thing special." Special it was, not only for Indianapolis but for the U.S.: the world premiere of the Metropolitan Opera National Company. It came as the parent Met was ringing up the curtain on its New York season - the last before it moves...

Author: /time Magazine | Title: Opera: Off & Running | 10/1/1965 | See Source »

...from liftoff. Sitting at his control panel, Kraft said just one word: "Zap!"-a Buck Rogers exclamation to describe the blast of space guns. Then he got on the line to Cooper: "How does it feel for the U.S. to be a world record holder, Gordo?" Replied the laconic spaceman: "At last...

Author: /time Magazine | Title: Space: Flight to the Finish | 9/3/1965 | See Source »

...meter freestyle at the A.A.U. meet, her competitors included the defending world-record holder (at 4 min. 39.5 sec.) Marilyn Ramenofsky, and Patty Caretto who only two days before had set a new world mark for 1,500 meters. For the first 300 meters, it was strictly a two-girl race-with Martha third. Then she began to sprint, flashed past Ramenofsky, overhauled Caretto in the last lap, and drew out to win by 2.5 sec. Her time: a record-smashing 4 min. 39.2 sec. Next day, just to prove it was no fluke, Martha also won the 200-meter...

Author: /time Magazine | Title: Swimming: One for the Old Folks | 8/27/1965 | See Source »

...note−in exchange for the 3.6 million shares of its preferred stock now outstanding. Unlike the preferred stock, which represents equity in the company and guarantees a fixed annual dividend before any common stock dividends are distributed, a debenture is a company obligation that earns interest for its holder. To make the offer more palatable, U.S. Steel will pay debenture hold ers about $30 million annually in interest, instead of the $25 million they now receive in preferred stock dividends...

Author: /time Magazine | Title: Steel: Capital Ideas | 8/27/1965 | See Source »

...more than two years. Last week it was disclosed that he has bought much more stock through Hunt and a subsidiary, McCall Corp., boosting his stake from 6% to 9% of the outstanding shares. He owns 400,000 shares, which makes him ABC's largest holder...

Author: /time Magazine | Title: Management: New Show at ABC | 7/30/1965 | See Source »

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