DU PONT-G.M. DIVORCE may be more favorable to stockholders than at first seemed likely. As hearings ended, Federal Judge Walter La Buy emphasized that "innocent victims" must not suffer from Government's demand that Du Pont sell its G.M. stock, imposing heavy taxes on stockholders. Lawyers feel he is tending toward Du Pont's proposal to keep stock, give up voting rights in G.M. management.

SHOE PRICE RISE will hit stores this fall. Major shoe firms increased fall-line prices 3%-10%, blaming costlier leather, other cost increases.

CUNARD'S QUEENS will be replaced. The line is seeking British government subsidies to retire 23-year-old Queen Mary, 19-year-old Queen Elizabeth. Usual economic life of a transatlantic liner is around 20 years. Operators want newer ships to compete with more modern United States and other foreign liners. Expected cost of new liners: $70 million each v. $50 million total for the Queens.

ELECTRICITY SALES will quintuple in 20 years. Industry-Government studies show U.S. bought 570 billion kw-h of electricity in 1958, will likely buy 3 trillion kw-h in 1979.

JUNE JOB OUTLOOK for college grads brightens. Openings will be more numerous than last year, salaries higher. Northwestern University estimates average starting pay for men will be $439 per month, up from $430 last year, with engineers again getting the most ($480 v. $472).

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