cobol3.hlp (Topic list)
Message 1003 (↑ Syntax Messages)
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  Message:      1003
 
  Text:         First character of a continued literal not a quote.
                Quote assumed
 
  Explanation:  You have included a continuation character in column
                7, but you have forgotten to start the continuation of the
                literal with a quotation mark. Your COBOL system assumes
                that the quotation mark is included.
                                    -♦-