Business: TIME CLOCK, Jul. 13, 1953

AJTOMAKERS' 1954 models may be postponed if the month-old Tool & Die Craftsmen's strike is not ended soon. Chrysler and Packard have already postponed their fall announcement dates, and failure to get dies from strike-bound plants has got G.M. worried.

TWENTIETH Century-Fox, which has been collecting $350 a month in royalties on seepage from an oil pool 1,500 feet below its Hollywood lot, plans more oil exploration. It has been given permission by Los Angeles officials to sink 13 wells on its property, hopes to collect royalties of $10,000 a month from each well in the next two years.

RUSSIAN feelers to reopen...

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