PRICE CONTROL continued
itorial director of the Office of Price
Stabilization.
Definite steps must be taken by sellers
of goods or services in ordex1 to comply.
Hanford listed these important requirements
(1) Sellers mu3t prepare and preserve a
statement showing the categories of commod
ities which he sold or offered for sale
during the base period (December 19-Januarj
25). Category here means a line of goods,
such as men's clothing, infants' wear, can
ned fruits, cosmetics, etc.
(2) Sellers must preserve and keep a
vailable in their store records showing the
prices charged during the base period, to
gether with sufficient records to establish
the latest direct cost incurred prior to
January 25. The "direct cost" here means
the invoice cost plus all transportation
charges incurred in bringing the commodi
ties to the territory. In figuring direct
costs, all discounts must be deducted
whether they were taken or not.
(3) The seller must prepare and keep in
his store a price list of all articles in
each category which he sold or offered for
sale in the base period showing the dollar
and-cent markup he took on each article.
This list must give the model, type, style
and identification of each article. If
the seller is a retailer he may notate on
his invoice the selling price of the art
icle, in which case he will be considered
to have complied.
(4) This dollar-and-ccnt markup'i3 the
margin to which the seller is frozen. He
may pass along future increases in his in
voice or transportation costs only to the
extent of the actual dollar-and-cent in
crease.
(5) If a seller has followed a practice j
of allowing price concessions to different'
classes of buyers, he must prepare a state
ment showing such' concessions or allow
ances. ..n example would bi- quantity buy
ing by an institution, reduced rates to
employees, etc.
Generally speaking, Hanford said, the
regulation requires a seller to maintain
the same dollar-and-Ct-nts markup he had be
fore the freeze. If factory or transport
ation costs go up, he is permitted to pass
along the actual increase only. <Vith
wholesalers also covered under the act,
this will serve to keep price increases at
a minimum since no wholesale increase will!
be permitted unless authorized by the Off
ice of Price Stabilization.
"This top-to-bottom control insures the
consumer against unwarranted price in
creases," Hanford said. "There will be a
few slight increases in many types of goods
as inequities are adjusted along the line,
but once the progranj gets to operating we
are going to find that our dollar is re
taining its value, which is more than we
could say last fall." .
Hanford called for cooperation from
those who come under the law in getting
their records set up. He emphasized the
Juneau office will answer questions which
may arise in the preparation of the re
-NOTIC.
For "POWER OFF" after hours
SUNDAYS or HOLIDAYS.-call
VERNON FRIDLEY
OFFICE CLOSES NOON on S^TURDuY
toatanuslca Electric «ss 'n.Palmer
SHOE
REPAIR I nS
All hor.vy sewing of leather
and canvas now done at
LOBERG'S VARIETY
DfilRy ITiLETinG SEl FOR iHIRO
There will be a dairy meeting of the
Matanuska Valley Breeder’s association, on
..pril 3rd., in the Co-op Club Room, Don
Irvin will direct the meeting, which will
be concerned with the subject of "Proven
Grasses and Legumes."
quired data. Offices will be opened soon
in Ketchikan, Fairbanks and ..nchorage,
POTATO Clinic Mount SET
In behalf of the newly organized Certif
ied Seed Growers ..ssociution, the j-xperi
ment Station is conducting a Potato Clinic
to determine what good seed stock is a
vailable.
Y/e are usking that each potato grower
bring to the Extension Service office or to
the Experiment Station, about a 25 pound
representative sample of potatoes for path
ological examination. It is to the inter
est of all potato growers in the Valley to
co-operate.
..pril Lth., i3 the deadline to get those
potatoes in to either the Intension Office
or to the Experiment Station.
Each grower will be informed by letter
as'to findings and condition of his pota
toes.
P-1MER COMMUNITY CHEST MEETING con't.
each morning at Palmer School by Mins Myron
(5) Welfare and Disaster Council--Mrs.
T. Day reported the past year was relative
ly free from disasters and that the Fund
is being held for emergencies.
Resignation was received from Jack New
comb, a member of the Campaign Committee.
The following were elected to fill vacan
cies on the Chest Beard:
Rxs. R. Washburn 3 year term
Mr. Clarence Moore "
Mrs • Clarence Bell n
Mr. Matt Perkins was appointed to fill
the unexpired term of Mr. Newcomb.
DON’T FORGET TEE SCHOOL ELECTION -PRIL 3