Time Clock, Mar. 23, 1959

CONSTRUCTION BOOM of $630 billion in next decade is seen by ARCHITECTURAL FORUM, building magazine. It predicts $75 billion a year in 1968, 53% over 1958.

BRITISH ATOM SUB reactor will be built by Westinghouse, first such reactor to be sent abroad. Westinghouse got contract because no British firms build the pressurized water reactor found best for subs. British firms have been concentrating on large generators for power stations.

NORTHROP AIRCRAFT will develop light, cheaper, all-weather fighter (N-156F) for allies under Air Force contract. Plane is simpler to maintain, easier to fly than standard U.S. fighters.

CASH DIVIDENDS of $387 million were paid out...

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