U.S. SUPERMARKET will be shown in Communist country for first time at Yugoslavia's Zagreb trade fair Sept. 7 to 22. U.S. food companies and store-equipment manufacturers will set up a 10,000-sq.-ft. store including display cases, frozen-food refrigerators and 4,000 different items with prices attached. Group will donate food to local charities, expects to sell store's equipment to Yugoslavia when the show closes.

MUTUAL FUND SHARES will be sold by agents of a major life-insurance company for the first time. In Eastern, Midwestern and Southern U.S., salesmen of Ohio's Nationwide insurance companies will offer, in addition to their fixed-income policies, stock in Nation-wide's Mutual Income Foundation, an open-end investment trust, whose payments fluctuate along with cost of living.

POSTAL WORKERS' WAGES will not go up in near future, although House Post Office and Civil Service Committee okayed $546 yearly raise for about 500,000 postmen. Measure stands scant chance in budget-whacking Congress, but even if it passes, President Eisenhower will veto it.

INTERCONTINENTAL SNARK missile is going into large-scale production, will be first missile with 5,000-mile range assigned to operational units of Strategic Air Command. Air Force will give Northrop Aircraft, Inc. a $73 million contract to turn out subsonic Snark.

BRITISH AUTO COMEBACK is smashing records after slump last year (TIME, March 26, 1956). In May British weekly output rose to peak of 19,094 cars, 37% ahead of same month last year. May exports climbed to 41,612, beating threeyear-old record by 7%. U.S. is receiving record 8,000 British cars a month, for first time has replaced Australia as British automakers' best overseas customer.

JAPAN'S FINANCIAL PINCH will be eased by $175 million loan from U.S. Export-Import Bank to be used to buy U.S. farm goods without draining low Japanese dollar supply. With the credit Japan will import U.S. cotton, wheat, barley and soybeans, for which it is No. 1 foreign customer.

MERGER TALKS are going on between Beverly Hills' Litton Industries, Inc., fast-growing maker of electronic equipment (TIME, April 29), and Underwood Corp. (1956 operating loss: $3,571,420), which recently talked merger with National Cash Register Co.

BIGGEST DEFENSE ORDER since World War II for General Electric Co. for developmental work was disclosed by Air Force. Contract is for $158 million worth of G.E. missile nose-cones to go on Atlas ICBM and Thor IRBM.

TRAVELERS TO MEXICO will soon be able to fly nonstop from Midwest and western states aboard U.S.-flag planes. American Airlines is expected to win CAB's approval for Chicago-Mexico route, while Western Air Lines on July 15 will start flying from Los Angeles.

MONOPOLY FIGHT between Greyhound Corp. and Justice Department has been settled. Nation's biggest bus line signed consent decree promising not to exclude other bus operators from Greyhound terminals and to divide up intercity bus territories with other operators, also pledged to buy some of its buses from makers other than General Motors Corp.

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