Word: saws
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Dates: during 1950-1959
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Forty miles north of Antigua, it was 3:50 a.m.. May 28, 1959. From the bridge and foredeck of the stubby U.S. Navy fleet tug Kiowa, about 25 officers and crewmen gazed at the tropical sky in awe and anxiety. What they saw was a momentous event in the history of man's determination to conquer space...
...stage Thor-Able rocket rose from Florida's Cape Canaveral, blazed its way out of the atmosphere and 6,000 miles downrange toward the South Atlantic. There a squadron of C-54 transport planes treaded expectantly in the lower air. Soon one of the crews saw the bright glow made by the nose cone's reentry into the atmosphere. A parachute opened, and the cone drifted down to the sea. When it hit the surface, a small balloon inflated automatically, keeping the cone afloat. Guided by the C-545 and a homing transmitter in the cone itself...
...trust listed the market value of its stock at just half of what it had paid for it. M.I.T. slimmed its portfolio from 128 to 77 stocks, concentrated in defensive stocks (utilities, foods, tobacco, etc.), better able to withstand the Depression. By 1933 Robinson and his staff saw light ahead, and M.I.T. began switching out of defensive stocks and into railroads, automobiles, mining and steel. With a poker player's eye, Robinson could look at a company's present and guess its future. He personally researched the Texas Co. (now Texaco, Inc.), persuaded the trustees...
M.I.T. bought heavily into steel after the war, when most other funds shunned it as a prince-and-pauper industry, saw its hopes for steel realized when the value of its investment grew from $65 million to $142 million. When the recession began in 1957, M.I.T. reckoned that it would be brief. It stayed in growth stocks throughout, now needs little portfolio shifting for the economic recovery...
Still hampered by foot injuries, the Crimson's Joel Landau saw his two hurdle crowns go to Bill Johnson of Maryland and Bill Szeyller of Penn State. Landau did not oppose Johnson in the highs, and the best he could do in the lows was a third behind Szeyller's 23.1. The varsity's Tom Blodgett turned in a 14.8 performance in the high hurdle semifinals but was eliminated...