CHEVROLET COMEBACK, after losing first place to Ford last year, is so strong that Chevy has produced more cars this year than all divisions of Ford Motor Co. Score: 578,181 Chevys v. 490,286 Fords, Mercurys, Edsels, Lincolns and Thunderbirds.

AUTO DEALERS are in the red this year for first time, says National Automobile Dealers Association. Gross profits in first quarter averaged $831 per car, but selling expenses (overhead, salesmen's bonuses, etc.) jumped to $877. Result: average dealer lost $46 per car.

ECONOMY FLIGHTS are whopping success on North Atlantic, comprise 45% of Pan Am's traffic, 50% of T.W.A.'s, 73% of Swissair's. One result: tourist class, which costs $315 one way to London v. $252 for economy, may be eliminated.

THRIFTY AMERICANS put record $1.7 billion into savings at savings and loan associations in first four months of 1958, up 27% from year-ago period. Nation's 520 mutual savings banks report that their deposits in April jumped by $92 million v. $7,000,000 in April of 1957.

RAIL-RELIEF BILL has passed Senate Commerce Committee, stands very good chance of riding through Congress and being signed into law this summer. Under bill, rails will get new tax breaks, more freedom to eliminate red-ink routes, credit pool of up to $700 million backed by Government.

CREDIT HELP is coming for small businessmen. Senate Banking Committee passed bill to lend $250 million to investment companies, which then would make long-term (up to 30 years) loans to small business. Prospects for congressional approval this year: good.

RANDOLPH PHILLIPS, the rebel stockholder who waged proxy battle for seat on board of Pennsylvania Railroad (TIME, May 26), failed. He got only 70% of votes needed to win.

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