April 25, 1960

MANAGEMENT

White Paper Details Administration Stand

SPACE TECHNOLOGY

Mice Used in Preflight Radiation Tests

FINANCIAL

Stock Transactions

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MANAGEMENT

White Paper Details Administration Stand

(Defense Department, faced with increasing criticism of its policies, has drafted the first detailed statement on the Eisenhower Administration’s stand on defense. The White Paper, issued in reply to questions posed by Carter Burgess, president of the American Machine & Foundry Co. and former assistant secretary of defense, was issued over the signature of Oliver M. Gale, special assistant to the Secretary of Defense.
8081
SPACE TECHNOLOGY

Mice Used in Preflight Radiation Tests

Los Angeles—Preflight exposure of space pilots to strong magnetic fields may raise their tolerance to nuclear and Van Allen radiation belts, reduce their food requirements and even lengthen their natural lives for multi-decade missions outside the solar system, according to clues found in research with mice.

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FINANCIAL

Stock Transactions

Disposition of Lear, Inc. common shares has been reported by the Securities and Exchange Commission, during the period Jan. 11 to Feb. 10, 1960, as follows: Philip E. Golde, officer and director, 4,000 shares, leaving a holding of 4,104; Andrew F. Haiduck, officer, 5.000 shares, his total holding; Albert C. Keske, officer, 241 shares, leaving a holding of 1,100; William P. Lear, director and beneficial owner, 30,000 shares, leaving a holding of 392,768.
4041
AIR TRANSPORT

Electra Safety Dispute Splits FAA, CAB

Durfee letter asks grounding of Lockheed transport, widens breach between agencies, sparks Senate debate.

4647
AIR TRANSPORT

Airlines File Salaries, Bonuses With Civil Aeronautics Board

3031
MANAGEMENT

Douglas Hints New Financing Need; Stockholders Quiz Curtiss-Wright

Equity financing as a possibility for Douglas Aircraft to raise new money or for acquisitions was one development at company’s annual meetings last week that also saw critical questions tossed at Curtiss-Wright Corp. management. Issuance of an additional 3 million shares of capital stock was authorized by Douglas stockholders with the date and purpose of the issue left up to the board of directors.
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AVIONICS

FAA Checks Automated Traffic Controls

Atlantic City, N. J.—First digital computer developed specifically for air traffic control is now undergoing shakedown tests here by the Federal Aviation Agency at its National Aviation Facilities Experimental Center (NAFEC). Additional elements of the data processing system aimed at semiautomatic traffic control will be delivered during the next several months.

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SPACE TECHNOLOGY

Ranger Lunar Impact Planned for 1961-62

Spherical solid propellant retrograde rocket would ease landing of NASA instrument capsule on moon.

4243
AIR TRANSPORT

CAB Orders Major Capital Plight Probe

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AIR TRANSPORT

MATS’ Needs Outlined in Big Slam Report

Washington—Value of the Military Air Transport Service training program and its need for more modern aircraft were cited by MATS last week as major lessons learned from the recent Big Slam-Puerto Pines airlift exercise (AW Apr. 4, p. 50).

April 181960 May 21960