After five months of a downward glide, business last week seemed to be leveling off. Items:

¶ In San Francisco, General Motors President Harlow H. Curtice took a hard look at G.M.'s prospects for 1954 and concluded: "We are in a very comfortable position." G.M. is heading into the big spring selling season with near-record production, even better sales than expected to date. Employment is up 30,000 over last year.

¶ For the second week in a row, the Bureau of Employment Security unemployment benefit figures were down. New claims dropped 16,900, to...

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