Browning chief. [volume] (Browning, Mont.) 1941-1953, 1951-06-15
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4 Acknowledgements

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Q office of price sterilization proffered the
aspirin bottle to hardware dealers up and down
Main Street this for headaches distressed
dealers ering in striving to file pricing
under CPR 7. OPS ruled there miscon-
captions and Misunderstanding part Of dealers
and the order did NOT include pricing charts of
such items nails, screws, nuts, bolts and items
strictly "hardware". OPS ruled items affected by
cPR to be covered in pricing charts by
May so consumer durables, house ~
wares, floor coverings, lawn furniture, AAfA6H
sporting goods, galvanized ware, cooking crm.Er
utensils and articles as might be han SsNEGI
died by department stores. It may be @rIA,oNEi
OPS order is in works to entirely re-
move hardware stores from provi ons Of CPR z.
RETAIL SALES CONTINUE TO
. Retail sales continue to lag throughout
country. According to Washington reports, tele-
vision sets drug market. Retailers of
apparel, house furnishing general merchandise
are feeling pinch of reduced unit sales. Reason
given probable is heavy retail tnven-
tories and we'll stocked displays Of all commod1-
ties leading consumers to discount predictions of
future shortages. According to experts this sale
lag is temporary. Within few months over-stocked
inventories will be normal and military will be
spending billion dollars week eating into
william production of goods. Each sees heavier
ALLEGATIONS of scarce materials for defense and
defense related production Business firms
Main Street with adequate financial RESOURCES not
COMPELLED to dispose Of present large Inventories
will within few months be in POSITION to enjoy
sellers market at ceiling prices.
Federal Reserve Bank policy freeze credit
volume, reported in this column, has received
almost solid backing from member banks throughout
country. Announced goal of policy is there should
be no increase in volume of bank credit for this
year.
COUNTRY STORE SALES UP
Q Department of reports retail sales
IN general merchandise, dry goods and country
stores for March amounted to 1888 million, gain
OF So8 million over February and SAT million
March last year. Wholesale drygoods sales fol-
Lowed national pattern, says department Of
MERGE, with sales advances ranging from per
die Atlantic district.
y With average primary markets showing price
decline OF O.3 cent for week ending May 8,
declines we're noted in price of hogs livestock
generally, print cloth, silk, flaxseed, corn,
wheat at Kansas City and cottonseed OIL Decreases
we're counterbalanced by increases in prices of
sugar, butter, cocoa, barley wheat at Mime.
apolts. There was little change in general av-
erage OF food prices, which have remained rela-
lively stable since m1d-February.
PERSONAL INCOME INCREASES
= Economy of nation, insofar personal in
come is concerned, cont inued upgrade total for
month being at annual rate of S242.5 billion as
compared to S24l.3 billion previous month. In
spite of continual upward increase for 18th con-
secut1ve month"; farm income showed 81 ght drop to
$lo.7 billion as compared to $l8.9 billion in
February and S2O. billion in January.
Penned Washington n Feature