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Show HIGHLIGHTS in the week's news WAR PRODUCTION: The peak demand in war production has been passed, Harry Moulton, president of the Brookings Institute, recently told the American Finance conference confer-ence in Washington. He said that stocks of raw materials have become be-come entirely adequate, and even excessive in some cases. More and more cancellations of war goods contracts are coming, he predicted. ELECTRIC IRONS: Two million electric fiatirons will be manufactured manufac-tured and sold next year, if the WPB will release materials. Arthur Whiteside, vice chairman of WPB in charge of civilian needs, has requested re-quested that enough metal and other material be allowed to make 500,000 irons in the first quarter of 1944. About three million irons were sold annually, before the war. |