Time Clock, Sep. 5, 1960

TOP FIVE STOCKS held by 75 biggest U.S. mutual funds and closed-end investment companies at end of 1960's first half, according to Capital Gains Research Bureau:

1) I.B.M.

2) Texaco

3) U.S. Steel

4) General Electric

5) Minnesota Mining & Mfg.

PUBLIC RELATIONS tab picked up by business and industry this year will total $2 billion. U.S. now has some 1,350 public relations firms, more than 100,000 p.r. men.

DOG-FOOD BOOM grows. Some 61% of U.S. dog population of more than 26 million now eat prepared dog food (the rest consume leftovers).

CURRENCY CHANGEOVER from sterling system to decimals looms ahead for Australia. Government committee recommended switch be made...

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