NEW COMPACT CAR, described as a "spacious small car," will be marketed next year by France's Citroen in competition with Volkswagen and U.S. compacts. Called the AMI 6, the four-door sedan has a front-mounted, air-cooled engine, front-wheel drive, 62-m.p.h. top speed. U.S. price: under $2,000.

AIRLINES' BOYCOTT of credit cards, other than their own Universal Air Travel Card, was stopped by CAB. The ruling opens the door to American Express, Diners' Club and Hilton credit cards to sign up 118 airline clients.

INTEREST RATES on Series E savings bonds will be increased to 3.75% from 3.47% on 11-to 20-year-old bonds. Treasury also extended the time they could be held by ten years to induce the 10,000,000 bondholders not to cash them in.

LARGEST ATOMIC POWER output in the world is planned by Administration for Government plant at Hanford, Wash. Under Eisenhower, Congress authorized $145 million to build the plant to produce plutonium. Kennedy will ask for an extra $95 million to expand the plant to produce 700,000 kilowatts of electricity, more than Bonneville Dam, may sell it through dam authority.

DIVIDENDS SET RECORD for any February: U.S. corporations paid out a total of $468,100,000 cash to stockholders, 2% above February 1959. Industries increasing dividends were food, chemicals, nonferrous metals, oil refining. Paying lower dividends were textiles, iron and steel, transportation equipment, and automobiles.

OUT-OF-COURT TALKS are going on between General Electric and TVA aimed at settling the price-fixing damage suit TVA brought against G.E. and four other electric companies (TIME, March 24). Damages and penalties could hit $12 million if the federal court decision went against the five companies.

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