Show Industrial Production at New Hi High g h Industrial production rose to a new record and continued to inch up in July the Federal Reserve Board reported The board said this key business indicator reached 1654 per cent seasonally seasonally seasonally sea sea- adjusted of the 59 1957 average in July compared to the revised figure of 1647 in June and the July 1967 level of 1566 In explaining the increase the board said that auto assemblies assemblies assemblies as as- after allowance for the model changeover period continued at the high June rate |