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Show STEEL BOOSTS PillCE, fifOS WAGE INCREASE Pittsburgh, Pa. United States Steel corporation this week announced an-nounced an upward adjustment in steel prices equal to two and one half per cent or approximately 53 per ton. Clifford F. Hood, president, said these new prices were made necessary neces-sary because of increased production produc-tion costs resulting from the settlement made with the United Sleelworkers of America last Tuesday. Tues-day. "The amount of the increase is less than would be justified if cost considerations, continuing plant replacement needs of the corporation and stockholders interests in-terests alone were considered," he said. A settlement with the United Steelworkers of America providing for improved insurance and pension pen-sion benefits and a wage increase of five cent per hour was announced. an-nounced. Under United States Steel's present pension plan the minimum |