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I PACKARD REDUCES PRICES DETROIT, Mich., May 2. — Permanent price reductions of from 00 to 00 on Packard motor cars were announced today by Packard president M. M. Gilman, who , | said: "This is not a temporary price re- j duction, but the beginning of a new permanent policy, the fulfillment of a plan that I has been four years in the making."