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Business Briefs highlight wartime, savings trends and local acquisitions
The report notes wartime production rates rising from 275 to 326 billion dollars annually between prewar and midyear. It cites increased personal savings and reduced merchant spending, with mutual savings banks and life insurers seeing rising funds. Ted Lokey described as having ideal business temperament. Curry Motor Freight of Amarillo buys Ponton Truck Line, seeking a permit to close a Sonora Midland gap and gain direct Amarillo to San Antonio service, a 600 mile route.
MENTIONED IN THIS ARTICLE
Sam Dawson
Associated Press
National Association of Mutual Savings Banks
Mutual Savings Banks
Institute of Life Insurance
Ted
Niice
Mr. Lokey
Laker
Curry Motor Freight of
Amarillo
Midland
Ponton
West Texas
San
Railroad Commission
Sonora
Austin
Curry
San Antonio