Time Clock, Oct. 5, 1953

To spur atom-bomb protection for key industries, the Government will soon allow companies tax writeoffs on 100% of the cost of building bomb shelters and shoring up plant structures to withstand atom bombing. Slated for the first certificate: Cincinnati Milling Machine Co., biggest U.S. machine-tool builder.

WILLIAM Zeckendorf, boss of Manhattan's Webb & Knapp real-state and investment firm, is planning a huge, new project: a 22-story, $100 million building to cover two blocks on New York City's West Side as a showcase for American merchandise. The building, rising above the Pennsylvania Railroad's underground...

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