Time Clock, Feb. 10, 1958

MISSILE MERGER will bring together Reaction Motors, Inc. and Thiokol Chemical Corp., two of industry's fastest-rising pioneers. In $7,200,000 stock exchange, Thiokol, which specializes in solid-fuel engines for Nike-Hercules, La Crosse and Lockheed X-17 missiles, will absorb Reaction, a leader in liquid-fueled engines.

COKE FOR REDS, who long reviled U.S. drink as typical of imperialist West, is on the way. Coca-Cola, which operates almost everywhere outside the Iron Curtain, expects to close deal with Poland to open bottling plant in city of Danzig.

EXECUTIVE FAT is melting off. An insurance-industry study of 10,000...

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