ALUMINUM PRICE RISE will result from Alcoa's contract settlement with 26,000 A.F.L. and C.I.O. aluminum 5¢ hourly wage increase, plus fringe benefits amounting to another 5¢ an hour.
FOREIGN-AID PLANNERS under FOA Director Harold Stassen are working overtime on three economic ideas for Southeast Asia. FOA wants to set up 1) a currency-clearing union backed by $1 billion in U.S. funds, to help settle payment accounts between Asiatic nations; 2) a U.S.-financed rice bank to store surplus rice against famine years; and 3) a series of U.S.-sponsored barter deals by which Asiatic countries can trade more of their raw materials for manufactured...