RECORD CORN SURPLUS will bulge Government granaries this fall, prove Agriculture Secretary Benson's contention that present high-fixed supports, instead of lower levels he wants, have not trimmed surplus and never will. Stockpile will soar from previous high of 992 million bu. last January to 1.3 billion bu., including 480 million bu. of new crop, 825 million of carryover.
CAPITAL INVESTMENTS by U.S. business in new plants and equipment will hit seasonally adjusted rate of $37.3 billion in second quarter, $37.9 billion in third quarter v. last year's total $35 billion, says SEC. Leading...
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