WOMEN STOCKHOLDERS now outnumber men (52%-48%) among the 8,000,000 U.S. shareholders. Average woman stockholder, according to a N.Y. Stock Exchange survey, is 48, a housewife with an annual family income of $6,000, owns shares in at least four companies.

FARM SURPLUS will grow this year despite heavy Government sales. Though U.S. has got rid of almost $1.8 billion in surplus goods (15% more than last year) in fiscal 1956, increased buying because of lower farm prices boosted total hoard to $8.2 billion v. $7.1 billion at end of fiscal 1955.

MASS PICKETING and other forms of strike violence can be halted by states despite overall federal jurisdiction in such matters, says U.S. Supreme Court. In case involving U.A.W. strike against Wisconsin's Kohler Co. (TIME, April 18, 1955), court ruled that while NLRB normally handles unfair labor practices, federal laws do not prevent a state from stepping in.

TURNPIKE TROUBLES have all but knocked out plans for a second super toll road in Ohio. With "disappointing" revenues on seven-month-old turnpike No. 1, running across state, Wall Street Securities Underwriters Blyth & Co. have told Ohio Turnpike Commission that the "time is not propitious" to finance $385 million road running 301 miles northeast-southwest from Conneaut to Cincinnati.

BIG OIL DEAL is bubbling up between Texas Co. and British interests in Caribbean. Texas Co. is offering $176,400,000 for 15.7 million shares of Trinidad Oil Co., which controls 139,000 acres of land in Trinidad, has sizable production (25,000 bbls. daily) and refinery capacity (80,000 bbls. daily).

AIRLINE TRAVEL will jump 60% in the next five years, says United Air Lines President William A. Patterson. By 1965, adds Patterson, airlines will carry more than 50% of all intercity travel v. 32% last year.

RED JET TRANSPORT will be offered, to airlines in competition with U.S. craft. Russians are listing twin-jet TU-104 at $2,000,000, including spare parts, v. about $6,000,000 for U.S. Boeing 707 or Douglas DC-8. Russian transport is smaller, slower, shorter-ranged than U.S. planes and only slightly pressurized, but airmen expect dollar-short foreign airlines to buy some.

TURBINE OIL DRILL, similar to one touted by Russians, will come to U.S. after all. After Dresser Industries failed to get Commerce Department permission to import high-speed Russian turbodrill in exchange for U.S. technical information (TIME, May 28), Dresser signed agreement to manufacture and market almost identical French drill supposed to cut through rock ten times faster than rotary drills.

REPUBLIC STRIKE, one of bitterest in recent aviation history, is ending after 15 weeks. Jet-plane maker and 12,000 Machinists' union workers have agreed on 17 1/2-c- hourly package wage increase, less than half what union originally demanded, three times what company first offered.

CONRAD HILTON will put up a new hotel (his 44th, built or planned) in Pittsburgh's Golden Triangle, on land leased from Equitable Life Assurance Society. It will be finished in late 1958, cost $15 million, have 800 air-conditioned rooms.

ECONOMIC FORECASTERS got a $2,750,000 grant from the Ford Foundation to investigate economic problems more fully--and thus perhaps improve their forecasts--via study professorships at California, Chicago, Columbia, Yale and Harvard universities.

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