Word: shortly
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Dates: during 1950-1959
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John Fox was everything a newspaperman should not be. Under the name Washington Waters he wrote a financial column with some of history's most thunderously wrong predictions, e.g., that the Korean war would be a good time to sell short because of a falling market. A frenetic promoter, he once called in his ad manager and announced: "I've got an idea that will knock the Jews in this town on their butts. We're going to send cows to Israel." He got Bernard Goldfine to donate the first cow toward a project that fell flat...
...accounted for half the victories. ¶Before the Intercollegiate Rowing Association regatta started, the Cornell varsity was known as the best nonwinning crew in the nation. When the regatta ended, every Big Red crew on Lake Onondaga had proved a good deal better than that. After falling scant seconds short in shorter races all season, Cornell finally found the three-mile I.R.A. course just the right distance. Understroking the opposition all the way, the varsity beat Navy by three lengths. Using the same tactics, the Jayvees and Freshmen completed Cornell's second sweep of the lake...
...sharp sell-off to close the week at 473.60. Encouraged by the Senate vote to repeal the 10% passenger and 3% freight taxes, rails closed at 119.17, a whisker under the year's high. But while the confidence of many investors returned, the skepticism of others increased. The short position, which has been rising for five months, was reported last week at 5,795,105 shares, highest since the records began...
...boss of Caltech's famed Guggenheim Aeronautical Laboratory, who currently splits his time as Aerojet chief consultant and chairman of NATO's aeronautical advisory council. Just before World War II, the Air Force asked him to work out a way to help overloaded bombers take off from short runways. Von Kàrmàn's solution was the famed JATO rocket-booster unit. The only trouble was that the company lacked the capital and the production know-how to follow through on its big military contracts. For those it turned to Akron's General Tire...
...plan calls for 138 surveillance radars for close-in airport traffic control; only 45 are in operation now; another 16 are programed for early 1960. The plan also includes 23 precision-approach radars (ten now operating), 289 traffic-control radar beacons (none operating), 677 omnidirection radio units (VOR), 573 short-range navigation units (VORTAC), 235 instrument-landing systems and another 69 airport control towers...