Better Than Ever

U.S. production reached an alltime high in the July 11 week, and TIME'S Index rose to 176.7 (estimated), almost a full point above the preceding week's final figure.

Main reason for the rise was a big increase in power production, especially in the Southern and Pacific Coast defense areas. Carloadings picked up after the July 4 holiday as hard-working railroads toted an ever-rising flood of materiel from war plants. Steel production flattened out although millmen still fussed about the scrap shortage. Worst trouble is the sharp drop in collections of small junk dealers; they have cleaned out old hunting grounds, and...

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