Price Control Announced in U S Food Plan
Washington voices a new percentage makeup system for food price controls affecting about 560000 retail stores and 20000 wholesalers. The order targets roughly 60 percent of shelf food and $20b in yearly business, with prices adjusted April 5 to 30 and then every Monday on latest costs. The plan aims to reduce overall food prices though some items may rise locally. Major foods covered include butter, cheese, cereals, coffee, flour, canned goods, jelly, lard, dressings, and frozen produce. fresh milk, bread, fruits, vegetables, sugar, ice cream, candy, and fresh meats are excluded.
MENTIONED IN THIS ARTICLE
Washington
Office of Price Stabilization
Michael V. di Salle
DiSade
Edward F. Phelps
OPS
Newsmen
Office of Price Administration
Fresh price controls detail four retail groups
The News reports new orders to be issued separately, exempting fresh fruits vegetables and sugar from price control while others stay frozen under the general price freeze. The percentage markup plan classifies both retail sellers and wholesalers into four groups with different markup rates.
MENTIONED IN THIS ARTICLE
Frederick
Independent retailers grouped by annual sales in 1950
The text defines four retail groups based on ownership and 1950 gross sales, with example markups over net costs for items like baby foods breakfast cereals and canned soups. Group 1 are independent stores under 75,000. Group 2 independents 75,000 to 375,000. Group 3 non independents under 375,000. Group 4 any store at 375,000 or more.
MENTIONED IN THIS ARTICLE
Indepen
Grouped Wholesalers Classes Define OPS Ceiling Pricing
The document outlines how groups 1 and 2 stores can reclassify as group 3 or 4 by using ceiling prices tied to larger store classifications and by informing the OPS of the percentages and class used. It describes four wholesaler classes from retailer owned cooperatives to institutional wholesalers and notes OPS actions for wholesalers.
MENTIONED IN THIS ARTICLE
Dean
Doan
Coopera
United Nations Post Office Opens in U N Building
A United Nations post office now operates within the U N building with WA marked stamps. Under a new agreement, services are provided by the U S Post Office Department by contract.
MENTIONED IN THIS ARTICLE
U. N
United Nations Postoffic
U. S
United Nations and US Sign Postage Agreement
The United Nations and the United States signed an agreement allowing the U N to issue its own postage. The accord aims to streamline UN operations and improve international mail handling.
MENTIONED IN THIS ARTICLE
United Nations
United States
U. N
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