Business: Back to Work

The United Auto Workers (C.I.O.) sent its strikers back to work at North American Aviation, Inc. last week with the bitter taste of defeat in their mouths. The union had little choice but to accept what was essentially North American's original contract offer. About 48% of the 33,000 employees had gone back to work voluntarily, and the strike was a failure. More than 100 planes had come off the lines during the 53-day strike, and the company was in good enough financial position to boost its stock dividend to $1 v. 75¢ in 1952's corresponding period.

Under North American's terms, the U.A.W....

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