HIGHER JET COACH FARES will go into effect this week on domestic long-distance routes of five major airlines--American, Continental, Northwest, Trans-World and United. Airlines hope that the hikes, which range from 7.5% to 17.8%, will steer more passengers into flying first class.

HERTZ BABY STROLLERS, as well as glassware, TV sets, reducing aids, and dozens of other items, will be rented by Hertz Rent-All Corp., a new subsidiary of the Hertz Corp., world's largest car and truck rental firm.

BIGGEST LEASE for office space ever taken in Manhattan was signed by Pan American Airways, which took 613,000 sq. ft. on 15 floors of the 59-story skyscraper to be built over Grand Central Terminal. Result: office building, once named Grand Central City, will be called Pan Am Building.

CHRYSLER FIRED another top executive, Jack W. Minor, 39, director of marketing for Plymouth, DeSoto and Valiant, in conflict-of-interest scandal. Investigation showed that Minor made about $20,000 in commissions on Chrysler Corporation business given to advertising firms in which he had an interest.

PAY CUTS were announced for Pennsylvania Railroad executives and nonunion employees. Cuts range from 5% to 30%, are for an indefinite period. Pennsy has been running in the red since resuming operations on Sept. 13 after twelve-day strike led by Mike Quill's Transport Workers Union.

U.S. COMMERCIAL EXPORTS in August soared to $1.6 billion, a 20% increase over August last year. If present rate continues, exports for 1960 will reach $19.5 billion, an all-time record.

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