Time Clock, Nov. 7, 1960

LOWER BEEF PRICES can be expected in coming months. Cattle population will reach a record 105 million by Jan. 1; feed supplies are already at new highs. Prospect: a beef eaters' 1961.

TWA FINANCING hit another obstacle. TWA's eccentric owner, Howard Hughes, who cleared the way for a $300 million loan a fortnight ago by agreeing to relinquish control of the line, backed out of the agreement.

RAIL-CONTROL BATTLE for the Western Pacific, important California rail link, is on between the Southern Pacific and Santa Fe. Southern Pacific started fight by secretly purchasing 10% of Western Pacific; Santa Fe countered by buying...

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