Business & Finance: First Break

A significant change appeared in the U.S. economy last week. Inflation was slowed down to a crawl, at least temporarily, and price cuts were sprouting like spring crocuses. Most startling example was in the television industry, which was supposed to be the first to be hard hit by arms production. It found to its surprise that even with cutbacks it was producing more sets than it could sell. Avco Manufacturing Corp. had already lopped $40 to $60 off the price of some of its Crosley sets. Last week Admiral Corp. cut prices $30 to $40 on its cheaper models, Halli-crafters Co....

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