Time Clock, Mar. 4, 1957

MORTGAGE HELP is coming from Congress. While Senate is considering boost, House voted a $500 million increase in amount Federal National Mortgage Assn. can borrow from Treasury to buy U.S.-insured mortgages from private lenders. Bill will tide over Fannie Mae until June 30, by which time Eisenhower Administration hopes to hike agency's borrowing power by $1 billion.

FIAT EXPORT DRIVE will put Italy's biggest automaker into U.S. foreign-car sales race in a big way for first time. Encouraged by Germany's Volkswagen, which found 50,000 U.S. buyers last year, Fiat aims in 1957 to sell 10,000 of its models throughout nation. Price: $1,495...

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