Business: TIME CLOCK, Apr. 8, 1957

HORSEPOWER RACE will get hotter in 1958. Chevrolet is building new eight-cylinder engine at Tonawanda, N.Y. plant, will make it about 3 in. to 4 in. lower, 6 in. longer and much more powerful than basic 162-h.p. V-8 on 1957 models. Next year's Chevy chassis will also be lower (though not so ground-hugging as 1957 Plymouth), along with Pontiac will get complete styling overhaul from General Motors.

MEAT-PRICE RISE is coming because 1957 production will drop 2% to 3% below last year's record 28 billion Ibs. Southwest drought has cut into cattle supply and...

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