Business: TIME CLOCK, Sep. 27, 1954

F-100 SUPER SABRE production will be stepped up by North American. It has just received a new order from the Air Force for more than $100 million worth of the supersonic fighters. To meet the demand, North American is tooling up its Columbus, Ohio plant to supplement production at its main plant in Los Angeles.

SHERATON HOTELS purchased working control of New York's 750-room Astor Hotel from William Zeckendorf's Webb & Knapp (TIME, Aug. 9) for $1,400,000, thereby added the 30th hotel to its chain.

WEST GERMANY, which has been pressing for currency convertibility, took...

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