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...Walter Jennison, a Teleregister Corp. engineer who could speak with the necessary clarity. Then the words were recorded on a revolving magnetic drum. What the computer does is to extract the latest quotations from its continually refurbished memory, translate them into the proper words taken from the drum, and transmit them to the listening broker over the telephone line. It makes no mistakes, never gets tired, and costs $100 per month...

Author: /time Magazine | Title: Electronics: Quotations by Computer | 5/22/1964 | See Source »

Mother Bell's Designs. Climaxing one of the bitterest business battles in recent history, the Federal Communications Commission turned down A.T. & T.'s request for permission to transmit printed as well as spoken communications through its transatlantic cables, which are capable of carrying both. The combined service would have given a huge sales advantage to A.T. & T., since many companies now want combination telephone-teletype hookups in order to discuss deals, plans or formulas by phone, then record them in print...

Author: /time Magazine | Title: Communications: Cutting In on the Line | 3/27/1964 | See Source »

...miracle worker; at the root of all this benevolence is the familiar "cost-price-sales spiral"-as costs drop, prices follow and sales rise. Ward is pushing cost economy with such technological advances as a planned "power-by-wire" generating plant in the southern Illinois coal fields, which will transmit power 175 miles to Chicago at a sizable saving over coal shipments. He recently rented an apartment in Chicago's new Marina City to see how its electrical space heating works. "Perfectly," says Ward. His largest monthly bill so far has been...

Author: /time Magazine | Title: U.S. Business: Personalities: Feb. 21, 1964 | 2/21/1964 | See Source »

...John Bertram Phillips of Dorsetshire has a rare and felicitous talent: he can make St. Paul sound as contemporary as the preacher down the street. Seeking to "transmit freshness and life across the centuries," Phillips produced a New Testament in Modern English that abandoned archaisms in favor of unadorned clarity and read more like Lord Jim than King James...

Author: /time Magazine | Title: The Bible: Prophets Paraphrased | 11/1/1963 | See Source »

...Federal Communications Commission now proposes to license a new television station, Channel 37, in Paterson, N.J. This will be only the first of nineteen Channel 37s which the F.C.C. expects to spread across the nation so that they will not overlap. Unfortunately broadcasting networks on this channel will transmit radio waves on the frequencies between 608 and 614 megacycles per second. Radio astronomers find this portion of the spectrum very useful because it is roughly an octave below (half the frequency) of the 21-centimeter line of unionized hydrogen. If Channel 37 becomes nationwide, all astronomical work on that band...

Author: NO WRITER ATTRIBUTED | Title: Channel 37 | 10/4/1963 | See Source »

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