Time Clock, Sep. 5, 1955

SOUTHERN SCHOOL BONDS are going begging. Reason: threats to get around segregation by abolishing the public-school systems have tarnished the traditionally gilt-edged credit of school bonds. After New York syndicates demanded Florida pay 3.11% interest on $10,585,000 of school bonds (v. the previous high of 2.69%), Florida withdrew the offer.

ATOMIC SUPERLINER, sister ship to the 53,000-ton, 2,000-passenger United States, may be plying the Atlantic by 1960. Federal Maritime Board Chairman. Clarence G. Morse, who has talked with United States Lines about a superliner to replace the 16-year-old America, predicted it would cost $100 million, take three years to...

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