THREE-MAN SPACE SHIP contract will be awarded by National Aeronautics & Space Administration by year's end. NASA is eager to proceed with $1,000,000 feasibility study for an advanced manned space vehicle to be built between 1962 and 1965, used on actual probes between 1965 and 1970.

IMPORTS TO U.S. fell in July, were estimated at $1,119,000,000, or 10% below July of last year. U.S. exports continued uptrend, were 22% ahead of July '59.

BEST-RUN COMPANIES in the U.S. were picked by panel of 171 company presidents for Dun's Review. First five in order: E. I. du Pont, General Electric, General Motors, International Business Machines, and the Minnesota Mining & Manufacturing Co.

PILOTS' REBELLION is brewing against Air Line Pilots Association President Clancy Sayen. A group of

Eastern Air Line pilots have persuaded James Landis, Manhattan lawyer and onetime Civil Aeronautics Board chairman, to run against Sayen for the A.L.P.A. presidency in the November elections.

JAPANESE APPLIANCES will be sold in U.S. by Matsushita company, with its own dealer organization under its own name. Matsushita, top Japanese appliance maker, will introduce four transistor radio models, sell photoflash bulbs and a photoflash gun, may later also market refrigerators, washing machines and other housewares.

VOLKSWAGEN SALES grow despite success of U.S. compacts. World's fourth-largest auto producer, reports worldwide sales up 30% in 1959 to record $835 million. Volkswagen now accounts for 40.5% of all West German auto production. Volkswagen sales in the U.S.: 120,000 autos in 1959 v. 78,000 in 1958. Sales this year are up from 1959.

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