Business: TIME CLOCK, Jun. 20, 1955

LIGHTWEIGHT TRAIN will be built by General Motors this summer. Called Train Y, it will carry 400 passengers at better than 100 m.p.h. in low-slung, luxuriously appointed cars, each with a pantry and rest room at one end, a vestibule with steps for both high and low platforms at the other. Cost, excluding engine: $400,000.

URANIUM mining and milling have increased about 400% since 1950, with a projected 1,100% increase slated for 1956, says the AEC in its first announcement of production statistics. Ore reserves have already jumped 1,100% since 1950 and are still soaring.

TARIFF CUT FOR SWISS imports will soon go...

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