Time Clock, Nov. 5, 1956

CHEAPER BEEF is coming soon. Choice steers at stockyards now bring 28½¢ a lb. v. 30½¢ in September. Bigger drop is ahead because high prices during third quarter induced farmers to put 13% more cattle on feed lots than last year.

"HOT CARGO" CLAUSES in labor contracts, which provide that workers need not handle shipments to or from plant that is branded "unfair" by union, will remain in effect because U.S. Supreme Court last week declined to rule on their legality.

FLOOD INSURANCE underwritten by Government will probably go on sale in early 1957, says Federal Flood Indemnity Administrator Frank J. Meistrell. Government...

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