Time Clock, may 30, 1960

TRAIN TRIPS ON CUFF will be started for first time in U.S. railroad industry by Atchison, Topeka & Santa Fe on June 1. Passengers must pay 10% on minimum fare of $60, can pay off complete trips over periods up to two years.

RUSSIAN OIL must be refined by U.S. firms in Cuba under new order of Castro government. Standard Oil Co. (N.J.) and Texaco were advised that they will each be expected to refine 300,000 tons of Russian crude oil being exchanged for sugar.

NEW FORD STEEL process will cut its open-hearth-furnace production time in half, says company. Ford puts oxygen, fuel...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!