Milford chronicle., 1942-08-07
A WEEK OF THE WAR

Price Administrator Hendersol
announced that maximum gasolin
prices in the rationed area of tn
AZ Eastern States and the Distric
of Columbia will be reduced ~
cents a gallon beginning August 6
He also announced reduction of o.!
cents for kerosene, IL cents on dis
tillates and light heating oils, ant
Is cents barrel on residual fue
oils.
4 Mr.. Henderson said the reduc'
.tions were made possible under
the recent agreement worked out
by the Office of Price Administra-
tion, the Office of Petroleum Coor-
dinator and the Reconstruction FL
nance Corporation, whereby the De-
tense Supplies Corporation will abb
sorb the extra transportation costs
for moving petroleum into the At
iantic seaboard area.
Commerce Secretary Jones re-
ported the Defense Plant Corpor-
alton will finance a two-poin pro-
gram to convert existing steel dry
cargo barges into tank barges to
transport oil, and to improve ex-
isting inland waterways. The Bn-
reau of Mines estimated the ne-
tional gasoline demand for July,
August and September will be
about II per cent less than in the
corresponding period last year,
eliminating the necessity for. a
large winte accumulation of
stocks: .l s-
CONSUMER SUPPLY AND MAXIMUM PRICES
President Roosevelt issued a
Statement that every user of fuel
and heating oil on the east coast
SHOULD face realistically the fact
that there can be no guarantee that
he will get enough oil even to meet
his minimum needs Petroleum
Coordinator Ickes asked all sellers
Of fuel and heating oils in the East
to request their customers to con-
vert oil burners to the use of coal
or other available fuels. The Office
of Solid Fuels Coordinator report
ed bituminous coal stocks in stor-
age~in the o. s. increased an esti-
mated 5,850,000 tons in June, to a
near all-time record. The Office
said consumer stockpiles, however,
continued insufficient to provide
adequate protection against poss-
ible shortages during the fall and
winter.
q The OPA established a whole
sale ceiling price on milk and
cream, sold in bottles or paper con-
tainers, at the distributors high
est March level. The action was
taken. to prevent a price squeeze"
on milk retailers by some milk dis
tributors. The Office set a ceiling
price of four cents a pound for
waste kitchen fats now being sold
by housewives in the salvage pro-
gram, and a ceiling price of five
cents a pound for the sale of the
same fats from meat dealers to
renders.
Price Administrator Henderson
established a 60-day temporary
ceiling on wholesale and retail
lamp prices, at the highest levels
charged by each seller during the
period July 27-31. The temporary
ceiling on lamb prices, effective Au-
gust 10, places every major meat
item except poultry under Govern
ment price regulations. The OPA
said Armour and Company, Swift
and Company, and Wilson and
Company, Inc, have agreed to sub
init for auditing the sales records
Of all their branch houses for the
purpose of refunding to their GUS
toners wholesalers and retailers)
all charges made in excess of the
maximum prices for beef and pork.
I. President Roosevelt told his
press conference there are three
reasons for the current meat short
age in the East and some mid-Wes-
tern States: ~ 1t is the off sea-
son for beef. (2) People have a
good deal more money with which
to buy more and better cuts of
meat. (S) This country has around
100000 men under arms for whom
meat supplies must be prepared
months in advance. Mr.. Roosevelt
said the people will have to ex-
pect new shortages from time to
time because that is part of the
price Of winning the war.
FARM INCOME
During the first half of 1912 cash
IN 70 20
tailed $5,773 million compared with
S4,012 million in the same period
last year, the Agriculture Depart
ment reported. Income from crops
was up SO per cent and income
from livestock and livestock pro-
ducts was As per cent greater. The
Department said a record volume of
marketings is expected in the lat
ter half of 1912. Total cash income
from. farm marketings during 1912,
including Government payments,
probably will exceed $14,500 mil
lion, the report said.
RATIoNING
The outlook for obtaining sugar
supplies from the Caribbean has
taken a turn for the worse" be-
cause of submarine warfare and
the amount of shipping diverted to
war purposes, the 0PA said. The
Office asked sugar refiners in Loui-
isana and Texas not to ship to
sugar markets in Indiana, Illinois
and Ohio until at least September 1
because of shortage in their home
States. OPA said these restrictions
will have to be continued If re-
ceipts from Cuba and Puerto Rico
are below expectations.
4 Under rationing regulations per-
sons owning more than one type