MONOPOLY PROSECUTIONS will be harder as a result of U.S. Supreme Court decision that Du Pont does not have a Cellophane monopoly. Court held that Du Pont's 69% of Cellophane market is not a monopoly because Cellophane faces competition from paper and other wrappings. Government in future will have to prove that a company not only has a monopoly with its product but also monopolizes the entire field.

RED PLANES are being offered to India at bargain prices in an effort to crack the air-transport market there. Indian Airlines, which wants to replace its fleet of obsolete U.S. and British planes, has an offer of twin-engine Ilyushin transports at about $200,000 apiece, with delivery promised within a year v. Western delivery schedules of two to three years for planes that cost upwards of $600,000.

LOUIS WOLFSON, who bought control of Washington's Capital Transit in 1949 for $2,189,160, milked it, then lost its franchise when Congress got angry about a 52-day strike, may reap even more than an estimated $5,300,000 profit for himself and his group. National City Lines of Chicago has offered to buy Capital for $13.4 million, and if deal goes through, Wolfson will receive $56 on each share for which he paid $20, emerge with a $9,500,000 total profit (before taxes), a whopping 332% return,

FIRST ATOMIC-POWER reactor under President Eisenhower's atoms-for-peace plan has been ordered from Baltimore's Glenn L. Martin Co. by the Dominican Republic. The deal, contingent on a bilateral agreement between the U.S. and General Trujillo, will boost power-hungry Ciudad Trujillo's electrical output by 27%.

COSTLIER COFFEE is in store, caused by U.S. competition for quality South American beans, which are in short supply due to rain damage. Most vacuum-packed brands will soon retail for $1.10 per lb., v. the $1.40 record set as a result of market manipulation in 1954. Instant coffee will go up about 8-c- per 6-oz. jar.

BELGIUM'S PETROFINA will move into U.S. oil industry by paying $25 million for independent Texas oil producer Panhandle Oil Corp. Petrofina, Belgium's biggest oil company and owner of a $125 million Canadian subsidiary, will be first European concern to buy U.S. oil properties outright since World War I.

TRANSATLANTIC FARE CUTS will probably be introduced by U.S. overseas airlines in October. Round-trip tourist-class tickets selling for $400, about 20% below present minimum rates, will be restricted at first to 15-day round trips on U.S. carriers. European members of the International Air Transport Association blocked unlimited cut-rate service until April 1958.

COAL EXPORTS will increase through a partnership between John L. Lewis' United Mine Workers, coal companies, exporters, and big coal-hauling railroads. They have formed a $50 million corporation (which will issue 500,000 shares of stock at $100 apiece) to buy cargo ships, bring down the rising shipping rate and thus increase European exports, which hit 27 million tons last year, are expected to reach 44 million tons by 1960.

SOUTHERN PAPER BOOM is luring Hudson Pulp & Paper Corp. into newsprint production in Florida. The New York kraft maker will build a $25 million plant, has already started negotiation with Southern publishers for sale of its 120,000-ton annual output. Bowater Paper Corp. and International Paper Co., the South's biggest papermakers, also are expanding newsprint production.

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