TRUMAN REPORTS PEAK PROSPERITY; ADVISES CAUTION; Tells Congress That Output Is Running at Record Rate of $225,000,000,000 Annually JOBS, INCOME SET MARK But President Warns Price, Wage Adjustments Are Needed to Bar Costly Depression PROSPERITY IN U.S. CALLED A RECORD
Truman highlights June record rate of $250 billion annually; lays 75% of gain to exports, mid-yr rept to Cong