Time Clock, Feb. 24, 1958

JETS TO EUROPE will start flying this fall, months ahead of schedule. Production of 600 m.p.h., 124-passenger Boeing 707-120s is moving so iast that Pan American World Airways will put three planes in service from New York to London (flight time: six hours) and Paris perhaps as early as October.

CHEAPER AUTO LOANS are expected. As a start, to finance inventories, big lenders have lopped ½% to 1% off loans to dealers: General Motors Acceptance Corp. rates are down to 4½%; C.I.T. Financial Corp.'s to 5½%. Result: dealers' operating costs are lower, and retail...

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