Time Clock, may 20, 1957

STEEL PRICE RISE, "considerably in excess of the inadequate increase" of an average $8.50 a ton last year, will be needed when steelworkers' wages and fringe benefits go up about 19ยข an hour in July, predicts Republic Steel Chairman C. M. White.

BIG MISSILE CONTRACT is in works for production of Boeing's ramjet Bomarc ground-to-air weapon. Order will use funds originally planned for additional Lockheed F-104 fighters.

RECORD U.S. EMPLOYMENT of 68 million will come this summer, says Labor Secretary Mitchell. April employment hit new peak for that month, 64,261,000 jobs, v. all-time high...

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