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The article focuses on the satellite projects of the U.S. in time for International Geophysical Year, 1957-1958. The paper indicates some of problems and usage of the satellites which can possibly aid the designers in their research. Evidently, scientists and engineers are eager to work on the their scientific experiments for the launch of the rocket vehicle.

The article reports on investments made by the U.S. State Department in six Soviet satellites in properties that have been nationalized in eastern Europe as of July 1948. According to the initial terms of the U.S. government, 42.3 million U.S. dollars will be deducted for the U.S.-owned industrial enterprises, real estate, and agricultural property. It mentions the compensation law approved by the Polish and Yugoslavia governments for nationalization of U.S. property. It highlights the compensation policy in Bulgaria for U.S. investments.

The article discusses the reaction of Wall street to the first earth satellite of Russia in 1957. It shows how prices in the stock market dropped and a total absence of the selling pressure felt. It notes that the sale of U.S. stocks by Europeans, buying which represented profitable covering of short positions and investment trusts confined to utilities and other defensive issues caused uneasiness in the stock market. It predicts that the impact of the Russian earth satellite on the stock market will be bullish.

The article offers news briefs on business in the U.S. in 1965. It reveals the plan of Atlantic Refining Co. to merge with Richfield Oil Corp. It reports on the $35,000 price-fixing fines imposed on executives William J. Stephens and James P. Barton. It notes the American Broadcasting Co.'s application for its own domestic satellite system.

The article offers news briefs related to business development in the U.S. The Justice Department is set to adopt a tougher antitrust policy. The Lockheed Aircraft Corp. is awarded with satellite contracts of 283 million dollars from the Air Force. Brown Co. is expected to undergo a management change.

The article reports on the launch of the U.S. biggest satellite the Missiles Defense Alarm System (MIDAS) II, weighing 5,000 pounds. MIDAS was designed to detect unusual sources of heat on earth or high in the atmosphere by spotting exhaust flames to provide warning to the U.S. from hostile missiles streaking toward it from distant lands. Several issues that thrive in the National Aeronautics and Space Administration (NASA) are presented.

Sputnik's effect on the politics and mentality of the U.S. will be profound. But its impact on the economy will be no less important. No segment of the U.S. economy has more at stake than the aircraft industry in the explosive events triggered by the Sputniks. The industry's powerful lobby is aware of both its responsibilities and its opportunities. Current events are going to shake the industry and force at least a conditional settlement in the sputtering feud among the nation's three military services. In 1956, the industry sold $9,496,000,000 worth of goods, an annual turnover exceeded only twice during World War II, in 1943 and 1944. Over 75 per cent of the total was sold to a single customer, the U.S. Department of Defense, and of this, most went to the U.S. Air Force.

The article presents information related to science in the U.S. The country is discovering, belatedly, some of the dangerous by-products of the satellite system, especially for a democratic state that cannot apply strong-arm measures to enforce its policies along distant defense lines. The Geneva Atoms-For-Peace Conference has dealt a fatal blow to the structure of secrecy and security which has prevented the international exchange of atomic technology. Behind the news from Geneva is the story of the race for markets, for reactors and other products of the atomic age.

Presents an interview for U.S.-based physicist Ralph E. Lapp regarding trip around the Moon on Apollo-8 spacecraft. Political significance of Apollo-8 flight; Landing capability of Apollo-8; Number of Apollo spacecrafts involved in the U.S. National Aeronautics and Space Administration program; Comparison in space race between the U.S. and the Soviet Union; Argument of Lapp about the backups provided by U.S. National Aeronautics and Space Administration in the lunar module system.

Presents several letters to the editor referencing articles and topics discussed in previous issues. Appreciation of William H. Honan's admirable article entitled "The Peaceful Use of Terror," published in the April 27 issue; Increase in the average unemployment in the U.S. since 1962; View on the idea of satellites carrying thermonuclear bombs.

An interview with Leon M. Herman, senior specialist in Soviet Affairs, is presented. He believes that the era of U.S.-Russian relations is emerging, after it was set back by the Vietnam war. When asked about the rebellious mood among satellite countries like Czechoslovakia, he says the Czechs are going with their more liberal way and the Russian military cannot do much about it. He also talks about Russian riots and the way the youth express their resentment.

The article reports on the capabilities of the U.S. scientists to continue to run a second place in the space race. They believe that they could literally pelt the moon with a series of hard shots that would hit the moon's surface like Lunik II. It mentions that U.S. progress is in line with what might have expected, considering the direction of its rocket research.

In his departure from power, as in his arrival, Soviet premier Joseph Stalin supplied this age with one of its turning points. There can now be no doubt that his death ushered in momentous shifts of method, leadership, and high policy, even if their details and purpose are still obscure. One symptom of these changes is the recent series of satellite uprisings. The most fragile and sensitive part of the Communist world, the satellite countries have naturally been the first to betray its stresses. The rioters of Pilsen and East Germany demonstrated the fatal weakness of Stalin's and Communist method and philosophy.

Provides information on the problems of tracking a satellite, in line with the launch of the Sputnik satellite by the Soviet Union. Use of radio signals to detect satellites; Detection of fraudulent broadcasts to eliminate bogus satellite signals; Political purpose of launching a satellite.

Focuses on the article "Isn't It Early to Play Around the Moon," about the exploration of moon, written by Aleksei N., published in a periodical in the Soviet Union. Public opinion on the exploration of moon, through rockets, used by scientists of the Soviet Union. Effect of launching of rockets, on the economic conditions of the Soviet Union; Discovery of new seas on the moon by Soviet scientists; Rise in the international authority of the Soviet Union through its rocket launchings; Practical benefits of cosmic investigations; Suggestions for the effective utilization of resources to promote the standard of living in the Soviet Union.

The article reports that American aerospace and defense systems company Martin Marietta Corp. is rejoicing over U.S. president Lyndon B. Johnson's approval of the Air Force's project to develop a Manned Orbiting Laboratory. The project is expected to push up the company's fast-declining billings on space and defense work which drop to an estimated 375 million dollars in 1965. Current orders for the project is cited to call for only 12 of the Titan IIIC rocket launch vehicles.

The article reports on two scientific developments that have surpassed previous scientific aspirations. They include a plan by the U.S. to launch a man-made, earth-circling satellite vehicle that will provide rich scientific data to scientists. The other development involves controlling nuclear fusion for peaceful purposes. Rocket scientists worldwide showed positive reactions to such developments, while many U.S. congressmen cited the need to protect secrets.

The article reports on a meeting by the National Academy of Sciences and the American Physical Society in Washington in 1958 to clarify the disclosure that the first U.S. satellites can revise the scientific beliefs about interplanetary space. It cites the report of Doctor James A. Van Allen of the University of Iowa that a belt of cosmic radiation begins at around 1,000 miles out in space. Scientists learned that space from 1,000 to 10,000 miles above the earth contains gaseous material that slows the earth's rotation.

The article discusses the highlights of the Second International Congress on Astronautics of the British Interplanetary Society that was held in London, England in September 1951. The event focused on space flight as likely to be the next major technical achievement in the world as well as the use of the earth-satellite vehicle in space navigation. The conference was attended by numerous scientists including society chairman Arthur C. Clarke and American Rocket Society member Wernher von Braun.

Presents information on recent socio-political developments from across the world. Proposal of President John F. Kennedy to reform the tax structure; Comments on the foreign aid of the U.S. to India; Suggestion on the supervision of the artificial satellite Telstar of AT&T Corp. by the United Nations; Argument about coherent policy for satellites.

The article presents information on the refitting of a computer-satellite hook-up that will put the ship precisely on station while at sea, at the University of Rhode Island research vessel Trident. A computer room to accommodate a satellite navigator and a small scientific computer is being created by suspending a floor in the main open storage space in the vessel. The new navigator will receive a radio signal from an orbiting satellite and. with the aid of the ship's built-in computer, will measure the Doppler shift, to obtain the exact moment when the satellite passes nearest to the ship.

The author welcomes the emergence of advanced satellites, lasers, picture phones, long-distance xerograph machines, and other inventions that could potentially transform the field of communications and publishing in the 20th century. However, he declares that although "Forbes Magazine" will strive to keep abreast of the latest developments in technology, it will continue to publish in print, since he asserts that computers and xerograph machines will not render the printed word obsolete.

The article reports that Syncom III, the satellite owned by U.S. National Aeronautics & Space Administration (NASA) that will transmit the television signal for the 1964 Olympic Games in Tokyo, Japan, has been successfully anchored in a hovering orbit and is functioning well.