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With these new-and in Egypt's case reckless-demands, the West faced the possibility of a power vacuum in an area where Russia, since Czarist days, has been trying to expand. For the U.S., the situation recalled a parallel: Greece in 1947. Then, declining power had forced...

Author: /time Magazine | Title: MIDDLE EAST: In Mossadeq's Wake | 10/22/1951 | See Source »

...week Columbia University told about its meson beams, a powerful new tool that the physicists are using to explore the atom's sub-basement of mystery. Columbia's monster cyclotron starts with protons (positively charged nuclear particles), and whirls them around in a spiral path in a vacuum chamber 14 ft. in diameter. When they reach the outside spiral, they are moving at 140,000 miles per second (more than, seven-tenths of the speed of light), and carry 385 million electron volts of energy. At the peak of their speed and power, the protons hit a block...

Author: /time Magazine | Title: Science: Atomic Glue | 10/15/1951 | See Source »

...largest "cat" (catalytic) cracker at Gulf's main refinery at Port Arthur, Texas, will now build a still bigger one (63,000 bbls. a day) at Gulf's Philadelphia refinery. He will also build the world's biggest (125,000 bbls. per day) atmospheric and vacuum crude-oil "topping" unit (which skims off the lighter components of crude). The result will boost the military's supply of high-octane gasoline by 42,000 gals, daily. But Swensrud also has his eye on a longer-range peacetime market: the high-compression auto engine...

Author: /time Magazine | Title: OIL: Billion-Dollar Chip | 10/15/1951 | See Source »

...June 30, holdings of common stocks were: 21.5% oil, 20.5 % public utilities, 10.8% insurance companies, 6.8% chemicals. Major purchases of oil stocks included American Republic, Seaboard Oil, Superior Oil, Pure Oil, and Socony Vacuum...

Author: NO WRITER ATTRIBUTED | Title: Endowments Of University Up 11% in '51 | 10/3/1951 | See Source »

Plastic Cleaners. To get around metal shortages, Lewyt Corp. this week starts production on plastic vacuum cleaners, which will be quieter, stronger, and four Ibs. lighter than present metal models...

Author: /time Magazine | Title: GOODS & SERVICES: New Ideas, Oct. 1, 1951 | 10/1/1951 | See Source »

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