CONSUMER PRICE INDEX rise of .3% in July (to new high of 124.9% of the 1947-49 average) was less than June-to-July average increases of .5% in past years. Government economists note that price trend is still stable, since index has risen only .8% over past year.

SUPERMARKET GAS stations will be constructed by Food Fair chain (sixth biggest in U.S.) on parking lots of its 400 stores. Plan calls for 24 stations within a year, others later.

$50 FARE TO EUROPE via superliner may be realized by 1962. New York Hotel Operator Hyman B. Can tor has signed preliminary contracts with West Germany's Deutsche Werft shipyards to build two 90,000-gross-ton, 6,000-passenger giant hotel ships at cost of more than $160 million. About 20% of all passenger cabins will cost $50, rest will be scaled up to maximum $125.

ORANGE-JUICE SQUEEZE caused by 36 million gal. frozen-concentrate inventory will force lower juice prices this fall. Florida's 22 concentrate producers will run a $3,300,000 promotion campaign in the nation's newspapers and magazines, offer consumers coupons cutting 3-c- off the price of a 6-oz. can of juice.

STEEL v. NATURE battle over Indiana's 3 1/2-mile stretch of sand dunes east of Gary entered new stage as Midwest Steel Corp. broke ground for $103 million plant there. Nature lovers, led by Senator Paul Douglas (D., Ill.), are still pushing petitions, bills in Congress to prevent virgin beach land from being used for industry.

SALMON RESURGENCE is expected in next few years, aided by new breed of Chinook salmon that matures in three years v. normal four years. New fish, bred by University of Washington, are part of improvement program to boost Northwest's declining salmon catch.

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