Time Clock, Feb. 1, 1960

CASH DIVIDENDS reported by U.S. corporations in 1959 climbed to alltime peak of $12.7 billion, up from $11.9 billion a year earlier. Increases of 10% or more came in chemicals, communications and finance.

AUSTRALIAN BOOM will get fresh fuel from Shell's $50 million refinery expansion near Sydney. By 1963, the Shell gasoline plant will be capable of turning out 250 million gal. yearly, 25% of Australia's needs.

STEEL PRICE RISE is hinted by Chairman Roger Blough of U.S. Steel Corp. in denying reports that he promised Vice President Nixon to delay boost until after election. If it comes, rise will be less than...

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