Khrushchev Plans Visit West Germany Ahead of Election
Moscow reports Premier Khrushchev will visit West Germany likely after the U S election in November. He may push a wartime peace treaty and offer trade deals to entice Bonn. Observers doubt a major agreement but warn of possible leverage against France on credits.
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Chrysler pact weighs on inflation worries and earnings
AP analysis notes the Chrysler labor contract boosts fringe benefits and raises production costs beyond government inflation guidelines. It could trigger demands in other sectors and test price stability, even as producers argue auto prices may stay stable due to productivity gains and record profits.
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