J. Wiss & Sons Co., cutlery manufacturer, today announced settlement of a 12-day strike. A company spokesman said more than 500 factory employes this noon ratified a company offer of a three-year contract with wage increases averaging 11 cents an hour in the first year and 7 cents for each of the second and third years, plus fringe benefits totaling 9 cents an hour in the first year.

(Earlier story on Page 39.) [Do not have.]