FORD-CHEVY RACE will be won by Ford in calendar 1959. Chevy is now shade ahead, but Ford will outsell its traditional rival because of steel strike. Since Ford makes 40% to 50% of its own steel, company can produce 20,000 cars a week until end of the year, well above Chevy output.
DESILU SALE is being considered by Desi Arnaz and Wife Lucille Ball, who own 49% of Desilu's stock. They are dickering with National Theatres & Television, Inc.
MERGER TALKS are going on between Rock Island and Milwaukee railroads. Merger of the two...
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