The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1942-05-15
Price Regulations
Overall Price Ceiling Becomes Fective Mon
day - Retailers Given Guide to Public Serv-
ice by Question-Answer Statement from
Administrator Leon Henderson.

as the reduction in s ize, number, or
quantity.
Q. If a plug of tc Nacco is re-
duced in size, how muSt 1t be priced?
A. A sellers highest March price
for three ounce plug of tobacco
was is cents. He now sens two
ounce plug of the same trand of
tobacco. He must reduce his March
selling price per plug by one third,
and sell the two ounce plugl at 10
cents. In March, he sold three
ounces Of tobacco for Is cents. The
two ounce plug is the same COM
modify as the three ounce pluLy -
that is the same tobacco, only lSss.
And to sell less of the same COW
modify at the same price Is raising
the price
@. If paper of hairpins is re-
duced in quantity, how must 1t be
priced?
A. A sellers highest March price
for paper of 20 hairpins was 10
cents. He Is now selling a paper of
ID hairpinS of the same brand. He
must reduce his price by one-tenth.
Same reason as in preceding case.
@. May prices of items delivered
as samples or on memorandum in
March be taken as legal maximums?
| A. Manufacturers or wholesalers
who delivered items in fall lines as
samples or on memorandum dur
ing March may not take those
prices as their legal maximums.
Such prices do not represent prices
at which those commodities we're
delivered in March, and SO as far
as they were offered for sale, they
were for delivery after March.
@. Are maximum prices in
chain store organization determined
for the entire chain or for each
store separately?
A. Each store in a group OF chain
stores must determine its own max
imum prices.
@. Who must absorb an increase
in freight or transportation rates?
A. Ia If a seller sold "F. o. B.
to a purchaser of particular class
during the base period he need not
absorb any increase in freight costs
as 10 LI)aC class OF Duyef.
(b) If a seller sold ON a deliver
ed" basis-that is, his price was a
definite price delivered to buyers of
the same class and did not vary
with the costs of making delivery to
buyers in different localities-(that
is, to buyers of different classes) the
increased freight must be absorbed
| by the seller.
(c) II a seller sold on basis
whereby he delivered, but lie billed
the transportation charges separ-
ately, the increase in freight can
be passed on to the buyer (unless
of course. during March he followed
the practice of deducting shipping
costs from cost Of the commodity.
@. Will March close0uts Of last
winters merchandise establish CELL
ings for prices OF same or similar
merchandise for next fall or winter?
A. As regulation now stands, the
ceiling is highest March price, Whe-
ther or not such price was a close
out. IN out-0f-line cases. relief viii
be 0btainable under section is "a.
In other cases. relief will probably
be provided by supplementary regu-
lation.
O, How will ceiling be fixed on
goods in q warehouse and never sold
or Offered for sale IN March,
A, Maximum prices must be de-
iernined by reference 10 the Fegu-
lati0ns, first seeing II seller sold the
same commodity, then seeing " he
sold q similar commodity. then look
Ing 10 competitors prices, then re-
iefFlng 10 section OF the regulation,
q. Does The general HaNlmum
price regulation apply 10 Interest
rates on lOans9
A, Interest rates on loans for
any purpose are not covered BY the
regulation,
q. Are refrigerated fish and
frozen llsh covered under section y
lAl Of tie regulation, which es.
empts fresh fish and GeafO0d and
game from price eODiF0l9
A, Refrigerated FISH, such ~ fl6h
0n Zee or in . refrigerator car, ~
iEfesh Plsb" and therefore not e0ys
cred by the regulation, Frozen hs'l
Is covered,
q. Are cotton linteFs excluded
from the FegulatsOD2
"A, Cotton llRleTs are pT0cessed
by the debating operation, and
therefore are not excluded from the
regulation. They are not q raw ana
mnDfocessed agricultural commodity,
stich ms rnW cotton,
9. Are charges made by banks 70
customers for various service per-
formed IN connection with bank &C.
counts covered hy Inc Fegnlailonf
A. no.
.. How are tswelEy end precious