TIME CLOCK

U.S. GOLD STOCKS ROSE for the

first time since July 1959. The $11 million increase in the week ended March 15 was the greatest gain since December 1958.

GOVERNMENT SUIT was filed by Justice Department and TVA against five of the 29 U.S. electrical companies convicted of price fixing. Damages and penalties could hit $12 million. First job casualty among the seven executives sentenced to 30-day jail terms was G.E. Vice President William S. Ginn, who resigned his $125,000 post as manager of G.E.'s turbine division, because "current circumstances severely limited my effectiveness in my present position."

FLORIDA-CALIFORNIA air routes were awarded to National and Delta airlines. They were the last of the choice routes CAB had to hand out. National will fly from Miami to San

Francisco and Los Angeles, Delta from Jacksonville and Orlando via Atlanta to the West Coast cities.

FASTEST PAIN RELIEF CLAIMS of Anacin, Bufferin, St. Joseph and Bayer aspirin that boom unceasingly at TV viewers are false advertising, FTC charges. "There is no significant difference in the rate of speed," says FTC. FTC says Anacin tablets neither "relax tension" nor "help overcome depression" as advertised.

HOWARD JOHNSON STOCK will be sold to public for the first time, at a price to be set later. Founder Howard D. Johnson and his family will sell 660,000 shares (30% interest) in the company, which operates 275 restaurants, licenses 340 more, plus 88 motels, and sells frozen and packaged foods. Last year the company grossed $96.8 million, netted $3.7 million or $1.69 per share.

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