Time Clock, Jun. 23, 1958

LIGHT, COMPACT CAR with aluminum rear engine may be brought out by General Motors by late 1959. Detroit buzzes that car will be low and short (102-to 108-in. wheelbase), may get 30-40 miles per gallon. Expected price: $1,800-$2,200.

HIGH MEAT PRICES will stay all year because output, already low, is dropping farther than most forecasters had expected. Per capita meat production in U.S. this year will be 151 Ibs. v. 159 lbs. last year.

FAIR TRADE COMEBACK will be tried by General Electric, which ostensibly gave up its longtime crusade for list prices last winter (TIME, March 10). As a start, company will...