Time Clock, Sep. 14, 1959

RED TRADE THAW by Commerce Department promises to increase U.S. exports to Russia. Decision to grant license to Omni Products Corp. to ship $1,000,000 worth of plastic-pipe production machinery to Russia is seen as part of move by Commerce Secretary Frederick Mueller to encourage individual trade deals.

CORPORATE GIFTS to higher education last year rose to $137 million from $110 million in 1956. Overall corporate donations to philanthropies hit record $550 million, up from $418 million in 1956.

STATE TAX EXEMPTION for businesses that have no offices or other property in the taxing state was approved by Congress, is virtually certain of President's...

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