• U.S.

Time Clock, Aug. 3, 1959

2 minute read
TIME

SAILINGS TO RUSSIA are being planned by Moore-McCormack Lines, with regular runs to Baltic ports for freight, passenger-cruise stops at Leningrad and Riga next summer.

NEW JET SERVICE from West Coast to London, Hawaii and Tokyo will be started by Pan American World Airways soon, with new 5,000-mile-range Boeing 707s. Jet time from San Francisco to London over Polar route: 11 hr. 20 min. v. 23 hr. 20 min. on prop-driven DC-7Cs now in use.

SALTWATER CONVERSION plant will be built near Houston, Texas by Government to convert more than a million gallons of sea water daily into scarce fresh water for city and Dow Chemical Co. Plant will be finished by early 1961 at cost of $1.5 million, is first of five to be authorized (total cost: $10 million) in the search for economic methods of conversion.

INSURANCE PROTECTION is being offered to policyholders against future uninsurability by about half of 1,400 U.S. life insurance companies. New policies, which guarantee standard rates without medical applications, are one of the industry’s fastest growing developments.

OYSTER BLIGHT is creating unsavory stew for oystermen in Delaware Bay and along East Coast. Bills pending in Congress would allow Government loans to oystermen at 3% interest until Interior Department can stem disease that will further shorten supply and increase prices.

CLOSED-CIRCUIT TV will be used to sell U.S. surplus property to buyers in six big cities in October. Pentagon will sell $1.5 million in clothing, construction equipment and machine tools during eight-hour, $81,000, large-screen demonstration aimed at attracting more bidders than written descriptions.

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