Time Clock, may 4, 1959

COPPER STOCKPILES, which Office of Civil and Defense Mobilization talked of selling, thus upsetting market, will not be sold, because of opposition by Western Senators.

J. P. Morgan-Guaranty Trust merger got final approval from Federal Reserve Board. New bank is fourth largest in U.S., has resources of more than $4 billion, capital funds of more than $500 million.

NET FARM-INCOME drop of about $1 billion to $12.1 billion in 1959 is forecast by Agriculture Department because of higher production costs and elimination of some soil-bank payments. Income is still expected to be well above 1957 low.

SHILLELAGH MISSILE, Army's newest—for close-in fighting, like its...

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