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Default Why does my text appear as pound signs

I merged several cells in order to type a paragraph of text, (350
characters). When I concluded, the text appears as "#############...####"

I haven't done anything that I don't regularly do except I started with some
one elses file.

This is the text I typed:

"This is the packing Gland. The listed P/N's are pre-existing from the
Bleed-Air Project.

The materials are for High Temp. Application and they may need to be changed
for this project. If the relative cost is and the availability of materials
are insignificant. and the corosion-resistance is acceptable we should use
the parts already in our system."

The cell is formated as text. I have turned on Wrap Text.

Hopefully, someone can give me a clue.

Darrell
 
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