Time Clock, Jul. 23, 1956

ATLAS GUIDED MISSILE, first U.S. intercontinental ballistic missile, will be produced in new plant under construction by Convair at San Diego. To cost $40 million, plant will be ready in 1957.

MORE ANTITRUST SUITS loom against automakers. After slapping General Motors bus division with monopoly suit, Justice Department is pushing investigation of G.M.'s 55% share of U.S. auto market. Another possible suit: against Ford, charging that it violates antitrust laws by forcing dealers to sell quotas of parts and accessories.

FIRST PRIVATE LOAN for European Coal and Steel Community from U.S. bankers is coming....

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