GOOD WEATHER INC. will offer tourists the first insurance against rain on European tours. Introduced by Scandinavian Airlines, each day of the 16-day tour is divided into three six-hour segments. The first eight rainy periods are deductible, but after that a policyholder collects $5 for every period in which it rains.

FIRST INSURED TUITION plan for college students will be offered by Prudential and 45 banks. A father can buy a policy while his child is in grade school. If he or his child dies, double indemnity is paid on the face value of the policy. Otherwise the parent receives money to cover the first two years' tuition and an insured loan to cover most of his last two years' expenses.

SUBSONIC JET PLANE will be developed by the Air Force to transport troops and cargo anywhere in the world. The plane, for which Congress approved $50 million for design studies, will be designated the SOR-182 and replace the Military Air Transport Service's aging prop-driven C-124.

FAMILY-CAR MARKET will be invaded next year by International Harvester. It will spruce up its Travel-All combination station wagon-delivery truck into a stylish suburbanite station wagon, and will introduce a new Jeep-type, four-cylinder camping wagon.

URANIUM PRODUCTION will be stepped up in fiscal 1961 to 18,000 tons from 16,600 tons in fiscal 1960. The Atomic Energy Commission has contracted for 95,337 tons through 1966 from 27 private suppliers at a cost of $1,552,800,000.

STEEL SLUMP will soon force 25% cut in the jobless benefits corporations pay to laid-off workers. Reason: corporate funds have been drained to critical point. Since funds started three years ago, $132 million has been paid out.

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