END OF RAIL TRAVEL by 1970 is predicted by ICC Examiner Howard Hosmer, head of commission's investigation into rail passenger problems. He says that if passenger drop continues as expected, all Pullman service will be out by 1965, all coach service by 1970, and commuter trains will go later.

$150 MILLION CONTRACT will go to International Telephone & Telegraph Corp., picked as prime contractor for worldwide communications net for Strategic Air Command.

STUDEBAKER-PACKARD plans to go into show business. A. M. Sonnabend, the man ailing Studebaker invited in to find nonauto firms to merge with it (TIME, Aug. 18), is dickering to buy Imperial Records (sales: $10 million) for stock and cash, also smaller Cadence Records (sales: about $3,000,000).

BRITISH JET SERVICE to U.S. is expected to start in mid-November with BOAC Comet IVs, about three weeks after Pan Am plans flights to Europe with Boeing 707s.

RUSSIAN DUMPING has kicked the bottom out of free-world tin market. International Tin Council countered by buying tin at 91-c- a Ib. But council ran out of funds, and prices plunged from 91-c- to 80-c-, causing heavy losses to tin-producing Bolivia, Malaya, Africa.

This file is automatically generated by a robot program, so reader's discretion is required.