The Waterbury Democrat., 1942-08-12

of the real income with 941, sumers' study, "have been recent months.
 Great gains in cash incomes were being made by the American Public year ago. Now cash incomes are rising more slowly and higher prices have cut into the buying power of dollars. The real income June l, l942 was $1.15. On the first days of May and April it was $116. The real income March l, 1942 and Feb ruary 1, 1942 was SIPS and $1.18 re- spectively.
 CEILINGS STABILIZING
 LIVING COSTS
 Recent stability of living costs suggests general conf0rmity to price ceiling regulations. Although the American Public was paying more for virtually every item and service June l, 1942 than a year earlier, there has been an encouraging steadiness shown by important price jewels in the latest months.
 Clothing, for the first time since the compilation of this study began more than seven years ago, shows a greater rise on the dollar than does food. Food always takes the largest slice of the average con- sumer's budget. Clothing expendi- lures usually rank after shelter, which, as 8 rule, comes just after food.
 Wearing Apparel Heads List
 Apparel for civilians, wether for men, women or children, cost $1.20 in June compared with $1 in the like 1941 month. This was the same figure as during May, 1922. During April, 1942 clothing was $1.2l com pared with $1 year earlier.
 Food during June, 1942 cost $1.17 The same quantity and quality of food twelve months before could be purchased for $1o0 In May, 1922 food took $120,and last April $1.2l, compared with $1.00 in each of those respective months of 1941.
 "Shelter costs during June, 1922 were $1.03 against $100 in that 1941 month. These rent charges for apartments, seaside bungalows, mountain cottages or town mansions are taken for the nation as whole and do not reflect specific prices in many defense centers, where rent ceilings recently have been put into effect.
 Miscellaneous items, particularly services and various imports, cost el.0T in June against $1.00 a year earlier. They were $1.09 in May and kl.1l in April, both comparisons be- Ing made against $1.00 for their re- spective months in 1941.
 FARM INCOMES
 TOP LIST
 Greatest increase in the cash in- come group was experienced by 'oth- CT income, which was influenced largely by better farm earnings, the combined result of higher prices re- ceived and expanded production and marketing. Other income also in- cludes the profits of unincorporated businesses and incomes derived from royalties, and such other income sources as are not included under wages, salaries or investments.
 Other income led all forms of cash income during June, 1942 at $1.33 compared with $100 in the same 1941 month. This item was $1.35 in May and $1.33 in April, the comparison in both cases being against $100 in the respective months year earlier.
 Wage envelopes, thanks to longer hours of work, overtime pay, and higher wage rates, contained $129 during June, 1942 for each $1.00 in the corresponding 1941 month. Dur ing May and April, however, wage envelopes contained $1.36 and $1.39 respectively, both contrasting with S1.00 in the like months of the pre- vious year.
 SALARY INCOMES
 RANK THIRD
 Salary checks during June were written at the rate of SLY for every $1.0O in June, 1941. In May and April salary checks were drawn for $1.20 and $121 respectively, the com parative figures in each case being contrasted with $1.00 for the same months of 1941.
 Investment income, interest and dividend distributions continued to compare unfavorably with a year ago. Investors during June receiv- ed on the average only 96 cents for every $1.00 they got during June, 1041. During May investment in- come was 93 cents compared with 41.0O of the like 1941 month. This source of cash income continues to reflect reduced dividend distribu- tions to investors on all non-fixed income securities, such as common ehares, condition brought about in most instances by lower corporate profits, resulting from higher taxes or expectations of higher taxes.
 Cash income from all sources during June, 1942 was SIPS. Cash outgo of all types totaled $110. Real income therefore was $113. All of these comparisons are made on the basis of $1 in June, 1941. During May, 1942 cash income was SIPS, cash outgo $1.15 and real income &1.15, all such contrasts being against 8 $1.00 base in May, 1941."
 HOW REAL INCOME"
 IS FIGURED
 Real income, in this Investors Syn dicate study, is measured by doub- ly-weighted scale, with income from wages, salaries, investments and the BOY HAS LEG