Oklahoma City Times (Oklahoma City, Okla.), Vol. 63, No. 42, Ed. 2 Thursday, March 27, 1952 Page: 3 of 4
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THURSDAY, MARCH V, 1952—THIRTY-ONE
Oklahoma City Times
7
1952 Business Final New York Stocks Markets Lambs Scarce,
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GAMING IB A PRINCIPLE INHER-
Yesterday’s Cryptoquotet
IT BELONGS TO US ALL-
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Cotton Prices Dip
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1952 as “no shortages,
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ENr IN HUMAN NATURE
BURKE.
Perry Typing Students
Receive Pins for Skills
PERRY, March 27-Perry high-
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Attend Safety Meeting
WICHITA FALLS, Texas, March
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14. Apportion
15. Varying
weight
(Ind.)
16. Audience
18. Luzon
native
19. Steamship
Piet
POL
(Swed.)
40 Island off
New York
41 Gaseous
element
M. Any climb-
ing vine
45. Concise
17. Trouble
20. Divisions
of a city
(pol.)
1
3
3
1
4 do 1
pal
pal
3.
las
Wednesday close. May 40.85, July
39.98 and Oct 37.07.
26. Speaks
imperfectly
28. Aecumulate
21. Worked
with a hoe
M. Three-spot
domino
11. Jewish
month
32. Daub
34. Great
(abbr.)
34. Vitality
Ul
ci
edges of
roof
3. Culture
medium
4.Man‛s
nickname
S. Periods
of time
6. Entire
amount
T. Girl's name
8. Toots gently
1. Gains
35. Doctrine
3T. Scheme
39. Monster
41. Writing
fuld
43. Soak flax
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of corn.
Wheat closed %e lower to %c
komi.‛
ft
New York Cotton Futures
Sy Merrin Lnch. Pierce, renner a B
ACROSS
1. Duck
5. Town In
Crimea
10. Storms
12. English
author
M
I and to Joyce Mason and
‘alovik in typing II. .
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DOWN
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ARE YOU It
MARK
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mou .66′28,60,
r steer vearlinus I
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Estimated Salable Receipts
Cattle .................... 500
Calves ........................
Hogs ...................... 800
Sheep ......................100
snow and rain improved the
i
I
t
1
cator
33. Hint
25. Spring
month
26. Well-formed
27. Flower
28. Biblical
mount
80. Golf
mound
33. Flat-topped
hills
34. Coarse
OH.
YOU 2
DR!
3
jute 1. SU.-
, year. SU.-
552 IKmam.
Lake Electra, the new municipal
lake, says R. B. Anderson, gen-
eral manager of the W. T. Wag-
goner estate.
4
bulk.
Around a half a dozen pens to
for the chamber of commerce, and
Mrs. Cliff Deaton, executive secre-
tary of the Wichita county chapter
of the American Red Cross.
Dredging, New Mexico and Arizona
Land, and Venezuelan Petroleum.
Lower were Creole Petroleum, In-
vestors Royalty, and National
Union Radio.
Corporate liens scored a narrow
advance in the bond market, al-,
though trading remained on the
light side.
A number of railroad and utility
obligations pushed ahead fraction-
ally.
Continued improvement in long-’
term U. S. government bonds was
recorded, with some of the extend-
ed maturities bid around 3/32 of a
point higher. Prices were mixed
in the foreign dollar section.
Young Sooner Fan
iygal
• N»i
mains good with crude production
and refinery operations currently ,
at all-time peak.
Utah—Business will continue to 1
be good unless defense program is
curtailed. Approximately 23 per
cent of all persons employed in
Utah work for governmental agen-
cies.
Sa
dustry.
Ohio-Continued high level of
business activity expected. ;
Oklahoma—Industrial output now
at record high expected to be.
maintained.
Pennsylvania—State College Bu-
reau of Business Research says:
“Industry for the rest of the year
may show a slight gain, but it
won’t be over a couple per cent.
Heavy industries are carrying the
load. Soft industries, such as tex-
tiles, clothing and furniture, are
definitely slumping and will con-
tinue to slump during the remain-
der of the year.”
Tennessee Outlook Good
MukHi
: 3
: 1
9, were chatting at the dinner table
The talk eventually got around to
the neckties, which carry the slo-
G. to Botanon)
rket steayi de
an,.
DAILY CRYPTOQUOTE—Here's how to work it:
AXYDLB A AX R
Is LONGFELLOW
One letter simply standa for another. In this example A la used
for the three La, X for the two O’s, ete. Single letters, apoo-
trophies, the length and formation of the words are all hint*.
Each day the code letters are different.
A Cryptogram Quotatlon
Improve in the summer and fall.
Nebraska — Manufacturing and
retail expected to approximate
1951.
New York — Industrial activity
expected to maintain high level.
Crops Eyed in Dakota
North Dakota—Prospects depend
to Fdy 4H
8, Ry
MP
Tennessee — Predictions Indi- 3
cate fairly good retail volume, good i
manufacturing activity for rest of 2
year. . I It
Texas — Petroleum output re- ii
i
r
F
ar
lon
ar
Br
Mr
ir
< Kona dollar 17.83.
1
1 1
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FORT WOI
atl NS; I
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o
Ai regulot at wight fellowa dw
YOUR saving here oom worthwhile
dividends . . . meney that atvally
*00$ to raw income . . . helps to
BUY more at the things you warn.
Eueh Aceount Insured up to $10,000
( Savinga ar Investment Account )
I May Sa Opened BY MAH 5
Sten Yaw Accoume Tomomew wM
the Frlendly Falks at MUTUAl-
Now la Our NSW HOMI
1)1
11 lo
to firm: lottoyU
by Charlotta
pins for typ-
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arm, i
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A ml
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--oUNFOMATION!
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r GE B
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Whites, Fancy hoavywtofhto HMe extra
“Sister-
cultural picture.
Wisconsin—Some Milwaukee ln-
dustrialists predict slackening of
production this summer or fall un-
less the government steps up its
defense contracting as present or-
ders are filled.
Wyoming—Employment is higher
than either 1951 or 1950, and labor
shortages are expected in agricul-
ture, construction, and the oil in-
dustry.
----•----
Mother, Girl Attacked
By Unknown Assailant
ST. LOUIS, March 27-a—Mrs.
Joan Lowry, 34, was in critical
condition Thursday at St. Louis
County hospital following an attack
on her and her 14-year-old daugh-
ter as they walked home from a
neighborhood movie.
A shabbily-dressed middle-aged
man stepped out of an auto as they
walked on St. John's street
Wednesday night and began beat-
ing the two women. He stabbed
Mrs. Lowry in the neck and cut her
daughter, Mata Marie, on the face
and arm, then fled in his car. The
girl was treated at the hospital and
released.
Indiana* Doctor Sick
MUSKOGEE, Okla. UP_Dr, David
Gillick, 56, medical director for
the Indian Service in Oklahoma,
Mississippi and Florida, is critical-
ly ill in a hospital. He suffered
a cerebral hemorrhage Wednesday
night.
S"
penw
IndaLA
MPaP
iw
IPfroo
IKlap
IldB Co
. 4t U eents
4LN Mato
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s I
Ba
Ba
1.39 tl
2%
t
41
4 nlertie
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5
nil
-Gw
with the low levels made February
27. wheat rallied fractionally in
fairly active dealings. Italy bought
three cargoes of Durum wheat and
was scheduled to take hard wheat
— 1
ay DM at I
1.60 1.58 ue 1.80
CHARLESTON, Mo, March 27—
W—Dr Alfred H. Marshall of
Charleston launched his independ-
ent presidential campaign Thurs-
day with the promise that he “will
make the best chief executive this
country ever had."
Foremost planks in the 64-year-
s ubber 11
b $
is Steel MH
• H 1403
n‛ Csu 23
it
atMMVi Sam sail m
20
mple: aver S
V 1
In accordance with the contract
with the city, a park area around
the new city lake will be set out,
and camp sites made available.
I urray
Myergk
nd
ar
y
le
U
YOU ASKED ME to say what
THE JOB WAS,THE NEXT,
un2
but not equal to 1951 or even 1950. 1
Michigan — Detroit Board of
Commerce says “unemployment,
already high, may rise slightly in 1
the second quarter, but should de- |
cline steadily thereafter.” 1 "
Minnesota—Farm income should
2
H3
fl
VIctChWk
Yahm
monds S
0 4.20 pf
oMr Vac z,
olar Aire 19%
ft
F
N V X A KGTXHXAL — AUATKWJ.
”alysn2‛i6# I®.
X
R
Carriers, Oils
Pace Mild Rise;
Steels Steady
NEW YORK, March 27-n-Rail-
roads and oils Thursday braced a-
forward movement in the stock
market.
Gains throughout the list ran to
2 points or a little better among
leaders with a few notable issues
pushing beyond that average mark.
Declines were fractional.
Volume came to an estimated
1,300,000 shares as compared with
1,030,000 shares traded Wednesday.
The Increase Thursday put the total
above the year’s daily average.
Bullish elements in the market
were encouraged by this expansion
of volume with prices rising.
Prices of steel issues held steady
despite conflicting trends of opin-
ion during the day on the outcome
of the industry dispute over wages
and prices.
There was a rumor In Wall Street
that the Interstate commerce com-
mission was ready with a decision
on the request by the railroads
for a freight rate increase. Last
year they asked for a 15 percent
hike in rates and were given a
boost of 6 to 9 percent.
Higher today were Atlantic Coast
Line, Illinois Central, Santa Fe,
Nickel Plate, Standard Oil (N.J.),-
Phillips Petroleum, Texas Pacific
Land Trust, American Telephone,
U. S. Smelting, Homestake Mining,
Union Carbide, International Paper,
Republic Steel, Chrysler, Stude-
baker, Boeing. Radio Corp. and
Standard Oil of Indiana.
More active Issues on the curb
exchange showed a rising tendency..
Higher were Alaska Airlines. Inter-
national Petroleum, McWilliams
MARK TRAIL
KGOSM. MARK, CAN’T YOU FIND
I fOMCOMC WHOLL FINANCE
coc’s SICKNESS WITHOUT "
RISKING YOUR LFE IN THIS
" BLASTED CyN? -
Picture Bright,
Leaders Think
i Text
St
old physician's platform are elimi-
nation of lawyers from state and school students taught
national government, and abolition Nichols have received
fum (tneel
keel.”
Washington—Indications of im- " i
proving manufacturing and agri- 1
40 al
p
sssp
A
unevenly higher prices slowed $11 8S- , .
; r ‘ * -- Favorable comment continued to 38 Ever (poet.)
______..3 were noted from $29 to be received on the winter wheat
9$32 on commercial to good steer crop. m """ " •
2jand heifer yearlings while one load said
2 of mostly choice fed steers with outlook, particularly in the western
M a little weight was held above $34 part of the state. The Oklahoma
odd lots of utility and report said, "Wheat crop has made
a good growth over most of the
a Tex t
M#
Feed grains sank early, but oats
staged a little rally toward the
close. Great Britain bought a cargo
is
i
8 !«
unChm
unbeam
, On Liquidation
NEW YORK, March 27--I_Cot- Tie8 Ike98 SlogUn
ton futures turned weak Thursday
43 # Banning Lawyers
, gm 3 From U. S. Service
Bafiar: xrade
sn*A toe. ia
2*
2
“amkrc-38:
Fiee
ansas:
volume of
■«
4
7*
i
Late afternoon prices were $1.05 5:
to $165 a bale lower than the ■
32 oua.
122 Smith Fae
on continued high farm prices,
good crops, expansion of oil in- 21
Lamb buyers had little with
which to work on the Oklahoma after the market's close.
HHevdnEh 2
* » af 10:
2 lteHot 1|
4 nP• 1
Wheat Finishes DAILY CROSSWORD ,
-------- 11. Robe
wheat crop could run as high as
332 million bushels, which would
compare with last year's poor out-
put of 260 million bushels.
3 o w
IbR J
ga these steers and yearlings aver- Meanwhile, reports from Europe
aged around steady with Wednes- also were optimistic about crops.
One estimate Mid the French
40%
1%
#59
y
J
AM
$2
5 „izrm
j MontPw av
9 Mont Ward i i
14 4oorMrCL 17
orroll DM
or Pd SU
lot Whwl MU
CHICAGO, March 27-I-Wheat | 11 Cease!
served as a steady spot in an other-
wise easy market on the board of
trade Thursday. After flirting
Hr 122 wooleq tambi
d3*6sehorml
t 25%
& 5
La 42
31 SazhsL
Nat Aetna
\t irin
ht A F
i:1 arey Phil I
Caro PAL
39 Cp I
21
37<elane«o
doevpi ii
MvoP
fe
s ay
.73t
2 IJwJMfs
• crop situation.
There were light scattered rains
in west Texas Wednesday night
8
higher prices on springers with the at New York, as well as cottonseed
, top advancing to $25.50 on these, oil at New York, scored new sea-
L it was a mostly steady trade on sonal lows. Flaxseed tumbled 15
tu hogs but the $1150 peak was paid cents, the dally limit, at Winnipeg
ik a little more sparingly than during and Minneapolis.
282 Wednesday’s trade. Otherwise the
market on hogs was mostly steady.
Starvation receipt* showed up in
the cattle department yet the buy-
ing side was not to be rushed into
active, strong to higher trading. . _ S2Wl..u. corn a, to
Sellers asked unevenly higher higher Maz.ShY“diasorn
prices early but the net result was
a mostly steady market on the
W eg
imbo 27.002301 food uto hois? • >
05“, 2"°
to take puch rtock.as
M Am ShpBid
31 ;mSml
Amtra
AmSar
Amt? Atl
qmro
mVicse
AmW ate:
1 Amine
r«H under areviene day. 8886,862-
Mareh 77-U.-(USDM=
1, excepi bulls unevenly
Chicago Grain and Provisions New York Produce
( -------—- “ “
• R
4 unrayO
MS
(abbr.)
20 Bloune
22. Chinese
measure
23. Shout
24. Egyptian
deity
(var.)
and some---- -
commercial steers and yearlings
on down to $25 to $25. Elrly sales
on these steers and yearlings aver-
ShihpMor M i
2"
E"
PitConoal . a.
#=#
=ee***tu
E 51 % Outside Livestock
on liquidation which caught num-
erous stop-loss selling orders. Loss-
( es extended to $2.50 a bale before
— ‘the market recovered partially on
"g53 3 •ma short covering and light trade buy-
316, : Traders ascribed the reaction to United States
to‘a!i wbS 8 U disappointment over the renewed ____ _
. .. lull in the cotton textile market, Sadler and their daughter, Carolyn,
. following a flurry of buying in the
goods market last week. Traders
; were also uncertain over the new
remembering his poor
the IMO presidential race, asked:
"But the $64 question is, will I typing
be able to prove it to the world?" Pat Pi
h Treasury Statement
% WASIMINGTON, Mareb -"-The poe:
i
expenditures. sm,040,876 mi s108,
* °°n25-0balance, 86,731,243,821.65, s7,748,-
OWGT NGTEK OWG NVXA
ENA KNVTMAKE OWG
12
4
■ N4 $i%
Penickar
BennDixC
W
TMEQE’E A GUY NAMED
JEFF CRANE WHO WOULD-.
BUT HE ALSO WANTS TO
MABRY CHERRY. I’VE GOT
TO STOP THAT, EARNEY /
pA-
Ki
■ th
20%
»l*
%
It ■
a ent;
20 do pf
3$.“^ i,
ens i?
Cent MM L
He termed himself "that great sponsored by the Enid Business
leader and the prophet that the college.
, Pina for typing speed were
showing in awarded to Shirley Skalenda, Don-
na Kennedy and Peggy Thiele in
"3 'ft
amewell 1991
iarrett, , 27
ar Wd In s
aylrd Cm 28%
enAm Inv
enAmfra %
27—Three Wichita Falls leaders ______
are in Dallas attending the 13th Oklahoma Broilers 4 Fryers
annual Texas safety conference. FAYETTEVILLE Ark. Mar. r-iuspA>
Attending the meeting are police The 8
chief C. C. Daniel; Russell Willis, Prken
civic affairs committee chairman ——
M'ALESTER, March 27--Sen.
Robert S. Kerr may have a Me-
Alester-originated slogan for his
campaign for president of the
- ■ • - । if he ao desires.
#*
te
MW Ira,Ova,
PrantB- Su >4
rank sf j
ereeprt Sul N
Frueh Tra 24
ik
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n
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h #
Ulf $
Im 41V
r 4(
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122; 3
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Nat C Lto 11
fat---
Nat
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ci Lveitoek , Local Markets E-E, a mr "
8,
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1 Goebe Brw
2 Goodallan
2enasw 19
hain Kilt 54
iprDPap18%
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CLEVELAND, March 27——A
drug chain executive, Charles E.
Roseman jr,, injured fatally
Wednesday in a traffic accident,
left half of an estate of nearly 33
millions to the wife who had sued
him for divorce.
This was disclosed Thursday by '
attorneys for Roseman, 33, and his
wife Ann, 21. The rest of the estate
is to be shared by Roseman's par-
ents and his daughter Marie, 4
i Krenear/na h
725
Hl
_J BtoUmN 1
Eqgyoe 3
Ik
'MSPmNGbb 4%
;m»rElM 1591
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Equtfnid 55
113 Fdr RR 22%
Eureka Wmil
538
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1WH
HmWAir MA ।
11 ' ruumu 25%
(By The Ameoclated Presa)
How will 1952 business stack up
when the final returns are in?
Despite sales figures that lag be-
hind 1951 and slumps in a number
of important civilian industries,
many business leaders look for it
to compare well with most recent
years.
They expressed this opinion in
responding to a state-by-state sur-
vey by The Associated Press.
Some of those reached would
make no predictions: some said
they couldn’t see beyond June. But
the majority indicated confidence
that current troubles in most lines
would be overcome and good levels
of business maintained to the end
of the year.
Views of the future were
brightest in states where agricul-
ture, defense manufacturing and
production of basic materials dom-
inates industrial activity. They
were dimmest in states now suf-
fering sizable unemployment in
such industries as textiles, auto-
mobiles and shoes.
Government economists in gen-
eral expect in the remainder of
1952 a gradual rise of income and
production. Defense spending is ex-
pected to be a strong stabilizing
factor. Military deliveries now run-
ning around two billion dollars a
month may rise to a 3% billion rate
a year from now.
Comments Are Listed
Here are comments on the busi-
ness outlook in various states:
Arizona—Retail sales may top
1951 by 10 per cent.
California—Business will contin-
ue good but with some leveling off.
Major aircraft plants in Southern
California have five-billion-dollar
backlog.
Georgia—Retail stores expect a
slight downward trend but nothing
to be alarmed about.
Illinois — Expect stronger con-
sumer buying in a month or so.
Iowa is Confident
Iowa—Department store execu-
tive says, “People will be buying
freely, come spring."
Kansas—Large wheat crop is in-
dicated and could keep retail
10 de •<
afeway St
"F;
raining this morning in out Chicago Cash Grain
t**2
- *
EE
I "8,5
a*' enPubU s
11 «a Ry Sia MH
Washington Picture Bright 729. 1
V i r g i n i a—Furniture produc- .18820 EFpr
er sees 1952 as “no shortages,
stable prices, hard selling.” en- 290 ?"
eral outlook is for “fairly even
me . .
DONALD DUCK
e • e
Chicago Produce
E
„EazEHigher; Swine,
& s Cattle Steady
KANSAS CITY. Merck 27-u-E:En:
i utocar IH
sikj^ *
-12orpKtong ft City yards Thursday and were Renewed easiness developed in
22 eabK g quick to concede strong to 50 cent fats and oils. Soybean oil here and
3 a Fin 1% * ‘ -- ----- -- ---inmane wwith the —A -T-- V--l -- -ell -- -nbtameeed
*Eae
,52 L
428 S
20 pi, 1674
10 haituck 5%
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edut r
hany W
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He, rye 1%-2%e lower, May $1.99;
Arouna a nan a uuzeu venp w soybeans, 1 M-l%e loe r May
arain, isw
_ the unevenly higher prices slowed
p— 82% trading in that department. Scat-
feVu. tered sales ’ ‘- • *
pen ch 40%1$32 on con
penKell
gan, "I Like Ike."
The daughter had heard her fa-
ther talk about the candidacy of
Sen. Karr. She came forth with
this:
“Daddy, why don't you get a tie
and paint on it, I Prefer Kerr’?"
4 ;mryats #%
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Kansas City Livestock
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3 a
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with further light rain expected
Thursday. West Texas, however,
needs a large amount of additional
moisture prior to the planting of
- .....____- - the next cotton crop. It was re-
ipK** F . - a
wEfzniztendreopr"rom‛unthaiata:8228. old crop May, partly on the pos- *
rest; sibility that a substantial amount 1
Usstandarde 34 Euen » of low grade cottons may be de-
livered against May contracts.
There was again some buying by .
spot houses of new crop months, Fort Worth Cash Grain
selling substantial discounts under
close.. n.u Karn vp.x Si
* propzridagcrdtpnlrdormfa
93ngmSta, mji0.T12.4M.ie; 121,895-
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Um. 115 Chicago Livestock
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12 Doctor Advocates
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#* "c"ss"°w5 ELECTRA, Texas March 27—
4ErHH"Harkzem=e " "" “
1 VaM ma,, 1 2 Sympul M4 BtockBr “ala R31 _ _____
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■■ LINI,
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business at high levels.
Louisiana — Manufacturing pros- .7
pects are bright, with increased
output and employment, particu-
larly in the construction field.
Maine — The Associated Indus-
tries of Maine says it looks as if •
textile slump has reacher its limit, 3
but won’t guess when anticipated 3 e5
pickup will start. 2? f"
Maryland — Businessmen more
wary of making predictions than 2
usual. Most think 1952 will be good,
IE
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Areni 12:*. $1^500,000 by Executive
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Gaylord, E. K. Oklahoma City Times (Oklahoma City, Okla.), Vol. 63, No. 42, Ed. 2 Thursday, March 27, 1952, newspaper, March 27, 1952; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1988559/m1/3/: accessed July 18, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.