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BIGGEST NATURAL-GAS SALE in U.S. history is stirring up hot price battle. FPC tentatively okayed 20-year contract linking Tennessee Gas Transmission Co. system with huge underwater field (estimated reserves: 1.7 trillion cu. ft.) off Louisiana. But company's customers are howling because Tennessee Gas agreed to pay record price of 22.4? per 1,000 cu. ft., considerably above average rates, and gas users fear it will touch off rise in prices...
...Class Seven, with engines of 350 cu. in. and over, was dominated, as expected, by Chrysler 300-C, aristocratic "bomb" of the auto industry. It traveled the flying mile with its 392-cu. in., 375-h.p. engine logged at 134.128 m.p.h., 5.245 miles slower than last year's Chrysler 300-B with a smaller engine. In acceleration tests (a mile run from a standing start) the 300-C set a new record of 86.873 m.p.h. The hefty 300-h.p., 364-cu. in. Buick Century ran second in the flying mile with a creditable 130.766 m.p.h., but in acceleration...
...Class Six, 305 to 350 cu. in., provided the big surprise. The Pontiac. the "old maid's delight" to last year's speed buffs, turned out to be 1957's fire-eater. With three dual carburetors, the 317-h.p., 347-cu. in. Pontiac engines won the first three places, at a top speed of 131.747 m.p.h., even though the fastest was disqualified from the flying mile on a technicality. Far back were the Plymouth Furys and Ford Fairlanes. In acceleration the Pontiacs ran first and second, the fastest reaching a record 85.308 m.p.h...
...Class Five (259 to 305 cu. in.) and Class Four (213 to 259 cu. in.) were all Chevrolets. The new fuel-injection Class Five Chevies reached speeds up to 131.076 m.p.h., took the first 33 places in a 38-car field. In acceleration Chevies got up to 85.006 m.p.h., took the first 18 places ahead of a lone Ford. In the Class Four flying mile, Chevies reached 102.157 m.p.h. and finished one-two-three. Only in Class Four acceleration were they upset. A Nash Rambler was timed in 71.785 m.p.h. But Chevrolet finished in the next six places...
...General Motors' rubber-tired, 518-h.p. Goliath scraper, which takes 24 cu. yds. of aggregate with one bite of its 14-ft. bulldozer blade. Each of its two diesels connects with a single track, so that one track can continue forward while the other reverses, spinning the giant around...