Time Clock, Jun. 30, 1958

Time Clock

AIR TRAFFIC is showing first decline since 1949. Recession and recent air collisions cut revenue passenger miles in May by 2.6% below year-ago level.

WEST GERMANY will remove last restrictions on investment by foreigners to attract new capital. German yields, especially in bonds, often are almost double those in U.S.

1959 CAR SALES will hit 4,700,000 to 5,200,000, excluding imports, say Detroit dopesters. They figure deferred buying from this year (expected sales: 4,200,000) will lift market, though not to 5,980,000-car level of 1957.

LOUIS WOLFSON has unloaded one-fourth of his 400,000 shares in...

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