Business: TIME CLOCK, may 10, 1954

CORN FARMERS are looking for another bumper crop and lower prices this fall despite government attempts to cut down surpluses. Many farmers whose wheat and cotton plantings were cut by quotas increased corn planting to the point where 1954's acreage will be almost as high as last year's 81,037,000 acres. The estimated crop of 3.1 billion bu. will be on top of the present 750 million bu. carryover.

UNIVAC, Remington Rand's big $1,000,000 electronic brain, is going into the insurance business. Metropolitan Life Insurance Co. is installing one of the machines at its Manhattan home office to work five days a week...

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