FIRST UNION MERGER under the newly combined C.I.O.-A.F.L. will bring together two big rivals in the packing industry. The A.F.L.'s Amalgamated Meat Cutters and the C.I.O.'s United Packinghouse Workers have agreed to join, with 450,000 members.
MONOPOLY SUIT has been filed against American Radiator and Standard Sanitary Corp. Justice Department charges that American-Standard (40% of the iron bathtubs, 38% of the sinks) "substantially" reduced competition by buying Mullins Manufacturing Corp. (18% of the sinks). Suit demands that American-Standard divest itself of Mullins stock and assets.
PROXY FIGHT for Fairbanks, Morse between management and Penn-Texas' Leopold Silberstein (TIME, Feb. 6) has gone to management,...
