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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 16, 1959

Page

2

Labor costs meet stiff resistance in steel talks

UPI reporting from New York notes that steel negotiations reflect management resolve to curb rising labor costs. Dun and Bradstreet survey of corporate presidents warns this could be the toughest contract season since World War I with productivity as the key battle line and management seeking stricter seniority rules and limits on subcontracting.

New York UPI Wal Street Coor Dun & Bradstreet Dun and Bradstreet Dun

Auto Makers Stockpile Steel for Four Months

Detroit reports auto industry relies on steel for about a fifth of U S output and can run on current supplies to mid November. Companies stockpiled in anticipation of a steel strike and warned suppliers to reserve for a potential shortage while GM cautions on exact duration and supplier estimates.

Detroit APS United States General Motors

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