BUS IN ES S,STATE OF BUSINESS: Ike and the Future

BUSINESS

STATE OF BUSINESS

U.S. businessmen took Dwight D. Eisenhower's re-election in stride and with renewed confidence got set for increased plant expansion, rising production and sales.

With steel capacity scheduled to hit an annual rate of nearly 132 million tons by the first of the year, Inland Steel's President Joseph L. Block predicted capacity operations for his company "for at least the next six months." Auto production jumped another 22,000 cars and trucks last week to a total 155,000 units as more factories went on overtime in anticipation of greater sales. Retailers, whose 1956 business for the first nine months is 3%...

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