G.E. NEGOTIATORS REPORT ACCORD IN 95‐DAY STRIKE
Counts announces basis for agreement has been reached between GE and unions, pending approval of union coms; sources rept proposed agreement will provide 20c across-the-bd raise plus 3c an hr additional to make up for cost of living increase since '69 contract expiration, 15c an hr additional in '71 and 15c in '72 with cost-of-living increases up to 8c an hr in each yr of 40-mo contract, calculated on basis of 1% an hr for rise of 3/10 point of Consumer Price Index; other improvements in fringe benefits noted