Time Clock, Jun. 4, 1956

URANIUM BUYING by Government will be extended five years beyond 1962 expiration date of current program. New plan will put fixed price of $8 a Ib. on domestic concentrate, instead of having AEC negotiate separate contracts with producers. AEC will also let miners sell part of ore direct to licensed commercial users for first time.

AIR ROUTE TO MOSCOW, now serviced from West only by Finns and Scandinavians, is in prospect for Pan American World Airways. On Soviets' initiative, Pan Am is dickering with Russia, hopes to start service late this year. If Reds...