Time Clock, Apr. 18, 1960

FIRST NEW YORK TO MOSCOW through flights were started by Belgiums Sabena 707 jets. Trip takes 11 hours including a stop in Brussels. Round trip deluxe fare: $1,295.70.

WORLD STEEL SPENDING for expansion and modernization of production facilities will total nearly $5 billion in 1960, estimates the American Iron and Steel Institute. No 1 producer, the U.S., will spend $1.6 billion, No. 2, Russia, at least $1 billion.

"MAGIC COUCH" CLAIMS made by Stauffer Laboratories, which advertises that its couch removes "unwanted inches and pounds," are false charged the FTC. Any weight loss from Stauffer's reducing plan comes from calorie cutting, says...

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