Word: skyward
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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...
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...
...white paper folded into the shape of flying cranes, poured into Nakajima Park in Hiroshima on the northern shore of the Inland Sea. The waning moon still hung in the brightening blue sky. There was no wind, and the promise of a hot day. Said one Japanese, looking skyward: "It was a morning just like this when the bomb fell...
...since the 1930s when Rockefeller Center pushed skyward in defiance of the Depression, and the 1940s when top architects from around the world gathered to build the glass-slab United Nations Secretariat, has Manhattan had such a big-scale architectural project with a claim to worldwide attention. The project of the 1950s and 1960s, previewed last week, is the $75 million, eleven-acre development for the Lincoln Center for the Performing Arts in Manhattan's West 60s. With about half the money pledged and most legal roadblocks cleared. Lincoln Center President John D. Rockefeller III took the wraps...