Word: skyward
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Dates: during 1950-1959
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Glaring in the darkness like some colossal firework, a 98-ft. rocket blasted off a launching pad at Cape Canaveral, Fla. one night last week. As it zoomed skyward, trailing a gaudy glow of reds and greens, a watcher in the Canaveral blockhouse gasped out an awed, unscientific tribute: "Isn't she beautiful...
From a launching pad at California's Vandenberg Air Force Base last week, a 78-ft., two-stage Discoverer rocket soared skyward into a fine north-south polar orbit. The following afternoon, on its 17th orbit, if things went according to plan, a remote-control signal would eject the 310-lb. payload from Discoverer VIII's orbiting second-stage rocket, and the capsule would fall earthward, slowed by a 30-ft.-wide parachute...
Minutes later, Kittinger rose slowly in his gondola, "flying" his polyethylene balloon as expanding helium lifted it skyward. At each 5,000-ft. altitude mark, he checked by radio with ground-control technicians, monitored his instruments ("I certainly could not have died of boredom"). Then, at 0831, Kittinger checked his altimeter: 76,400 ft. An officer on the ground radioed the countdown: "Joe, it's X minus two minutes." Then: "X minus one minute...
Forget the Present. Worry about inflation was one of the factors sending the market skyward. There was also realization that lagging earnings can come back fast (see below). Thus, though stocks in historic terms are overpriced (18 times earnings for the industrials), many Wall Streeters are using a method to evaluate them which simply disregards the present. Said Edmund W. Tabell, top market analyst for Walston & Co.: "What an investor must do is take an average of earnings over the past five years [$32 for the industrials], measure it against projected 1959 earnings [now being quoted at a record...
...broke water, the bridge hatch swung open, the skipper and his lookouts scrambled topside. There they began the countdown required before launching a 1,000-mile Regulus-type missile. The sub rocked quietly, like a metronome. After precisely 15 minutes came the fire command. A light flashed skyward, headed northwest-in the direction of Washington...