Business: TIME CLOCK, Apr. 5, 1954

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AIR travel on the installment plan, will get its first nationwide test next month. Pan American has made a deal with a finance company, hopes to boost business 25% by letting U.S. travelers fly anywhere over its 83-country route for 10% down, the rest in small monthly (up to 20) installments. Sample trip: one week, with all expenses, in Bermuda for $13 down, $10.82 for twelve months.

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ANDREW J. OSWALD, economics professor, on his study published in Science magazine that found that the state of New York placed last in the nation in the happiness rating
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