3 "THE YELLOW ROSE OF TEXAS" HITS CHARTS.
9 TONY TRABERT WINS MEN
'S TENNIS SINGLES CHAMPIONSHIP.
11 COMMERCIAL TV BEGINS IN BRITAIN.
15 EISENHOWER REQUESTS AUTHORITY TO COMMIT FORCES TO DEFEND FORMOSA.
18 WEST GERMANY JOINS NATO ALLIANCE.
20 ULTRA HIGH FREQUENCY WAVES PRODUCED AT M.I.T.
22 EARTH SATELLITES TO BE LAUNCHED BY U.S. AND RUSSIA BY 1958.
24 "NASHUA" WINS PREAKNESS STAKES.
26 PERON RESIGNS ARGENTINE PRESIDENCY.
28 FTC & SEC REPORT MANUFACTURING PROFITS BEFORE TAXES AT RECORD $7.4 BIL.
30 3RD QTR. GNP ESTIMATED UP $7.2 BILLION.