NEW ROAD POLICY, now being debated in Washington, may bail out recently built state turnpikes that are financial flops, raise value of depressed turnpike bonds. New plan would link turnpikes into $33.5 billion U.S. highway program, have Government reimburse states for their costs. Kansas, Pennsylvania, Kentucky are hoping to unload some turnpikes onto federal network, possibly turn toll roads into free U.S. highways.

RAIL FARES are rising another 5% for coach and first-class passengers on western roads and eight big eastern lines, including the Pennsylvania, New York Central, Chesapeake & Ohio. Together with 7% Pullman-fare hike, increase will raise revenues $29.5 million yearly. Some eastern roads want additional 40% boost in first-class rates.

BIG OFFSHORE OIL PIPELINE on Atlantic Seaboard will be built for $40 million to $50 million off Delaware's coast to help supply Philadelphia area. Submarine line will extend four to five miles to deep water, enable supertankers to discharge oil offshore, pipe it into Delaware storage tanks before pumping it to Philadelphia area, eliminating tricky voyage through shallow Delaware River.

45-R.P.M. RECORDS are being slashed in price to get bigger share of booming teen-age market for inexpensive disks. RCA Victor will spend $1,000,000 in 1957 for ads to plug 45s, has cut album prices up to 40%. RCA and top rival Columbia will price individual extended-play 45s at $1.29, down from $1.49.

MIDEAST OIL expansion plans are being delayed by Western companies, worried that continued unrest will hurt their investments. Arabian American Oil Co. is cutting $10 million from its projected $80 million fund for construction and expansion this year, and other firms may follow suit. Because of Suez Canal closure and Saudi Arabian ban on exports to Britain and France, Aramco's daily flow is down to less than 700,000 bbls. v. more than 1,000,000 bbls. one year ago.

"U-DRIVE-IT" SYSTEM is being started by Greyhound Corp. in New York, Chicago, Miami, Detroit, Cleveland. By year's end it plans fleet of 4,000 to 5,000 cars in 50-city net, will permit driver to return car without extra charge to any city with Greyhound's rental service.

HANDY TAX GUIDE for small businessmen is being published by Internal Revenue Service. Booklet of 128 pages explains income, employment, excise taxes and gives tips on keeping tax records, computing deductions, handling tax problems of starting, operating or disposing of business. Cost: 30-c-, at Internal Revenue Service offices.

ATOMIC SUBMARINE tanker is on the drawing boards of Japan's Mitsubishi Heavy-Industries Ltd. Nuclear-powered undersea craft will do 22 knots, carry 30,000 tons of oil, measure 540 ft. by 69 ft., to dwarf the first U.S. atom sub Nautilus. Snorkel craft will be able to stay submerged for a month straight, safe from turbulent storms. Cost: about twice as much as conventional tanker of same size.

U.S.-GUARANTEED LOANS are being mapped by CAB for feeder airlines to help them buy needed new planes that will trim heavy maintenance costs, boost profits and cut subsidies.

FURNITURE AIRLIFT is latest idea in booming air-freight business. Slick Airways will fly household goods to 28-U.S. cities, figures that New York-Los Angeles lift of average 6,000-lb. household costs $1,140 v. $1,035 for surface haul, but trims family's hotel, insurance bills by cutting trip to three days.

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