Time Clock, Jun. 14, 1954

PLANT EXPANSION will stay at high levels during the third quarter of 1954, predicted the Commerce Department. Business outlays for new plants and equipment in the second and third quarters will drop only slightly from the first quarter rate of $27.5 billion a year, will probably total $27.2 billion for all of 1954 v. 1953's alltime record of $28.4 billion.

U.S. RUBBER and Britain's Dunlop Rubber Co. Ltd. have made peace with the Justice Department after six years of fighting a suit charging them with a cartel to divide up world markets in natural...

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