Time Clock, Jan. 5, 1959

1959 CORPORATE PROFITS will jump to $21.5 billion, up a full 20% from 1958's estimated $17.8 billion and just a shade below $21.8 billion of 1957, predicts National Securities & Research Corp., one of leading mutual funds (assets: more than $400 million).

U.S. EXPORT SLUMP will continue, warns Commerce Department. Though exports edged up slightly in third quarter, "the rise is not sufficient to indicate that the low has been passed, and the upswing has started."

WEST GERMAN COMPETITION with U.S. and British firms is growing stiffer in underdeveloped areas. West Germany's latest prize: a $14 million contract to engineer biggest hydroelectric power...

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