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Business: TIME CLOCK, may 2, 1955

BIGGEST AIRLINER ORDER in history has just been given to Lockheed by T.W.A. Following the lead of United Air Lines, which ordered $42.5 million worth of piston-engined Douglas transports instead of switching over to turboprops (TIME, April 18), T.W.A. will pay $70 million for 24 beefed-up, high-speed (cruising at 350 plus m.p.h.) Lockheed Constellations for transatlantic service.

PEPSI-COLA has pushed Coca-Cola out of the top spot in Chicago in bottle sales, the first time that Pepsi has been able to claim the bottled soft-drink lead in any major U.S. metropolitan area.

SHIPBUILDING PROGRAM will...

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
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