This is a newly releases clip from SpacecraftFilms.com. If you like this kind of stuff, this is the place to go spend money on DVDs. I have several sets of different missions myself!
Alan Shepard's 15-minute suborbital flight marked the first American space flight. On the left is the pilot observation camera. On the right is the instrument panel camera. Both cameras are visible in the footage.
The instrument panel camera is the small lens in the upper right hand corner of the pilot footage, just over Shepard's left shoulder. The pilot observation camera is the little lens in the lower left hand corner of the instrument panel.
This footage is from a new digital transfer made by Spacecraft Films with the National Archives, who is now the holder of the original film.
The track covers his entire flight. Footage contained as separate angles on the Spacecraft Films Project Mercury DVD set.
Freedom 7 - May 5, 1961 from Mark Gray on Vimeo.