Time Clock, Dec. 16, 1957

INSTALLMENT BUYERS are giving the bill collectors a tough time, especially in areas hit by defense layoffs. More than 40% of the lenders who report to American Bankers Association complain that credit delinquencies are rising, and better than 30% of the reporting areas are experiencing an unusual increase in automobile repossessions.

RATE-BOOST CAMPAIGNS by airlines are winning more support in CAB, which turned down lines-urgent pleas for 6% raise last summer. CAB voted to allow Continental Air Lines, which was not a party to last summer's request, to raise fares by 7% to 10%...

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