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Rearmament's Bulge. Rearmament's demands had also perked up many an industry, notably aluminum. Reynolds Metals net jumped from $1,454,257 to $5,696,031, a 300% rise. Big American Woolen Co., which has either a feast or a famine, watched its profits soar from a moth-eaten $230,000 to $1,095,000. And the once-sputtering airlines were purring like jets: American turned a $1,331,285 loss into a $2,914,610 profit. The building boom, nipped by restrictions on private housing, had merely shifted its base to the bigger boom of expanding...

Author: /time Magazine | Title: EARNINGS: Rosy Box Score | 4/30/1951 | See Source »

...flying saucers, said Physicist Liddel, were actually giant plastic balloons called Skyhooks, which the Navy has been sending aloft since 1947 with electronic instruments to record cosmic rays. As the 100-ft. balloons soar higher & higher (maximum height: 19 miles) they expand, and are often pushed along by high-altitude winds at speeds up to 200 m.p.h. When seen from below, particularly when reflecting light rays from its underside, a Skyhook looks exactly like a big saucer...

Author: /time Magazine | Title: ARMED FORCES: Belated Explanation | 2/26/1951 | See Source »

RELIGIOUS MUSIC GETS BUILDUP AS SALES SOAR, squawked a headline in the show-business tradesheet Variety. Beginning with Our Lady of Fatima (TIME, Sept. 25), of which there are currently at least ten recordings, faith has become a popular subject on Tin Pan Alley. The "diskeries," as Variety calls the record companies, are hunting for new items...

Author: /time Magazine | Title: Religion: Sacred Music | 11/6/1950 | See Source »

...study the upper atmosphere, can reach up more than 21 miles. Rockets fly much higher, but they are too expensive and uncertain to send up on daily errands. Last week a group of upper-air explorers from the University of Denver started using cheaper messengers: sound waves, which soar up 30 miles or more and curve back to earth with valuable information about the air they have passed through...

Author: /time Magazine | Title: Science: Exploring with Sound | 7/31/1950 | See Source »

...H.D.C. began to get extravagant, and the cost of putting on plays began to soar. The Dramatic Club went deeper and deeper in debt...

Author: By Edward J. Ottenheimer jr., | Title: Strolling Players, Reading Theatre Bode Well for Drama at University | 5/2/1950 | See Source »

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