Time Clock, Dec. 5, 1955

FARM INCOME WILL DROP still more in 1956, predicts the Agriculture Department. Farm-price outlook is for a 4% drop under 1955 prices, in addition to this year's 10% slump.

LOUIS E. WOLFSON, who has taken over a dozen companies in the past three years, is picking up another. Wolfson has bought 60,000 shares (40%) of St. Louis' Scullin Steel Co., a small foundry (1954 sales: $10,822,434) making steel castings for railroad cars and ships. Wolfson's buying has helped push up Scullin stock from 23 to 42½ per share.

BEER IMPORTS are climbing sharply, but few U.S. brewers are worried about the competition. Although...

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