IRS Checks Stores for Violations on Price Postings
The IRS will inspect retailers next week to enforce rules requiring freeze period price postings for items during the wage-price freeze. Stores with annual sales over 100000 face enforcement, while consumers can only see ceiling prices by asking management. If a price increase exceeds 2.5 percent, shoppers should request the new ceiling price. increases above the limit may be approved if justified by costs.
MENTIONED IN THIS ARTICLE
Bill Neikirk
Associated Press
Washington
The
Price Commission
Senate seeks early spending action to avert 1972 money fights
Senate leaders push for early appropriations to fund next year as lawmakers anticipate election year battles. With the Democratic National Convention in July and Republican gathering in August, Congress may recess and reconvene mid summer, risking unfinished business before year end.
MENTIONED IN THIS ARTICLE
Walter R. Mears
Associated Press
Washington
Senate
Hugh Scott
Daily Mail
Summit A
Town
Hagerstown
John F. Kennedy
Lyndon
Johnson
Scott
Mike Mansfield
Congress
Svork
Miami Beach
San Diego
Zero Draft Calls Seen For Next Three Months
Defense Secretary Laird said draft calls may be unnecessary for the next quarter. He noted pay increases and congressional orders to cut Army strength by more than 70,000 could yield a smaller draft in 1972, with manpower to fill needs.
MENTIONED IN THIS ARTICLE
Washington
Fens
Melvin K
Laird
Deficit Seen for U S Trade as 1893 Benchmark Holds
The Commerce Department reports an 11 month deficit of 1.7 billion dollars for 1971, with exports at 8.16 billion and imports at 3.99 billion in November. Dock strikes along coasts are cited as a factor, complicating hopes for a first annual surplus since 1893. Mortgage rates may ease to about 7.37 percent, from 7.78 percent in November.
MENTIONED IN THIS ARTICLE
Associated Press
United States
Martin
Commerce Department
U.S
Acermber
Preston Martin
Federal Home ‘At Bank Board
British Army warns parents over toy gun danger in N I
In Belfast a British Army notice warns that children playing with toy guns in street Ambush could be shot. Leaflets distributed to parents describe how soldiers may mistake toys for real weapons during dusk patrols.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Mai
Jim Kellie
Robert Long
Also Mentioned on This Page
IRS
Werthir
Kerault
Mosha Dayan
Ruth
Tel Aviv
Internal Revenue Service
Home Federal Savers
BO Aig
Home Federal Savings and Loan Association
West Washington Stt
Virginia Avenue
Halfway Boulevard
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