Word: soaring
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Dates: during 1960-1960
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...seasonal fixture ever since. Last week another Christmas opera, Golden Child, was displayed on NBC's Hallmark Hall of Fame. Composed by Philip Bezanson with a libretto by Paul Engle, the new work sounded a lot like Menotti gone western-and gone weak. The music kept attempting to soar melodically, but kept being dashed to the ground again by its own heaviness. Still, the score had its stirring, lyrical moments, and Golden Child deserved credit at least for trying to be a serious addition to American opera, to TV and to the season...
Those lucky investors who years ago put $20,000 into International Business Machines, or a similar growth stock, and have seen it soar to $500,000 today, do have some problems. How can they get their eggs out of the one big basket, spreading the risk by putting their money into a number of stocks, without paying the 25% federal capital-gains tax? To help investors out of this gilt-edged dilemma, two young Denver bankers, Ranald H. Macdonald, 36, and William M. B. Berger, 35, launched a new mutual fund that permits diversification without selling and paying taxes...
...Costs are often set unrealistically low to win cost-plus contracts. When the costs later soar, the Air Force is stuck paying them, plus a fixed profit...
...showing the impact of the smaller profit on compact cars. Although the number of cars sold this year was up 4.9%, earnings in the first nine months were $5.76 a share v. $6.19 last year. The third-quarter profit rate was better, indicating that as the sales of compacts soar, the profit improves...
This is the landing system that will be employed by Dyna-Soar, the Air Force's $700 million, Boeing-built, maneuverable space vehicle, scheduled for first flight tests about 1964. Designed to be fired into orbit atop a Titan missile, Dyna-Soar is the closest thing to a spaceship in development now in the U.S. The dog capsule appears to put Russia well ahead of the U.S. in spaceship manufacture; its massive weight indicates that the passenger cabin probably will be large enough to support a crew of three men for a sustained period of flight...