In Business Abroad.

This section offers news briefs on business outside the U.S. Former New York Senator John A. Hastings proposes the construction of an Alaska to Argentina railroad line which will be a part of a 50 billion U.S. dollar hemisphere defense program. Rumors have spread that Jersey Standard and Compagnie Francaise des Petroles have closed a deal to develop oil in Sahara. The Mexican government reports that the Juy 28, 1957 earthquake that rocked central Mexico had incurred damages worth 25.6 million U.S. dollars.