The first "magazine of world astronautics" is whooshing off the presses this week. Its title: Missiles and Rockets. As the latest in a fleet of eight air-age trade journals launched by American Aviation's chubby, ruddy Editor-Publisher Wayne Parrish, 49, the magazine will take off with a burst of specialized stories; e.g., a roundup on Russian rocket development, a story of the Army's rush to beat the Navy into space with a satellite.
Fittingly, Publisher Parrish claims a speed record for Missiles and Rockets: only 90 days from the decision to produce it to the appearance of its 152-page first issue, with 85...