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(Studio) Steel workers ratify new contract with 10 major steel companies.
REPORTER: Howard K. Smith
(DC) Union representatives seem more relieved than happy over new contract. Contract calls for $.67 per hour increase in basic wages, additional $.16 during second and third years, and full retirement pension at 62. Both sides express approval. [United Steelworkers President I.W. ABEL says contract not inflationary.] find. negotiator R. Heath LARRY says it will be inflationary.]
REPORTER: Roger Peterson
- Peterson, Roger;
- Smith, Howard K.
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