Time Clock, Feb. 15, 1960

RECORD STEEL IMPORTS in 1959 topped U.S. steel exports for first time. Boosted by 116-day steel strike, imports rose about 150% over 1958, to 4,400,000 tons; but foreign steel purchases are dropping off in 1960 as U.S. production returns to normal. Steel exports in 1959 totaled only 1,500,000 tons, lowest since 1936.

MUTUAL FUND DIVIDENDS that were paid to shareholders in 1959 from investments rose to a record high of $464 million, v. $415 million in 1958. Assets of investment companies at end of 1959 totaled $17.5 billion, up from $14.9 billion in 1958.

ANITA O'KEEFFE YOUNG, widow of Railroadman Robert R. Young,...

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