Time Clock, may 2, 1960

JUNIOR-SIZE COMPACT with a slide-out engine for easy servicing is being developed by Ford, but, if mass produced, would not be on the market before 1962. The four-cylinder car would be smaller than a Volkswagen, with an 85-in. wheelbase and front-wheel drive, would sell for less than $1,700.

FEDERAL FAIR-TRADE BILL, which would allow manufacturers to set minimum retail prices for their products anywhere in U.S., was tabled by the House Rules Committee, thus killing it for this session.

DEVELOPMENT COSTS of five-year industrial plans of India and Pakistan must total $8.5 billion...

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