OPS nEOJS
JUNEAU--The Office of
Price Stabilization this
week mailed mimeograph
ed instructions to ap
proximately 1,500 Alaska
retail merchants ex
plaining changes in Ceil
ing Price Regulation 9»
The regulation, which
controls sales at re- ‘
tail, was amended Oct
ober 25 to allow a diff
erent method of figur
ing merchandise costs
when a dealer has sev
eral different invoice
costs on identical mer
chandise* Formerly, he
was required to figure
his ceiling price based
on the lowest cost to
him, or he could use
the "first-in-first-out’1
method* That is, he
could sell out all the
old stock at the old
price before pricing at
new invoice costs.
The amendment to CPR9
now permits a third
choice. Merchants may
use a "weighted average’1
of thoir Ola ana now
stock to arrive at an
average cost.
Another change in tho
regulation allows new
businesses (or estab
lished businesses which
add new lines) to sell
these now items at
prices applied for with
out waiting for OPS ap
proval more than 15
dayB after receiving an
acknowledgment of their
applicati6n.
FOR SALE—room house,
wired, has well, 8'xl6’
basement, 2 lots, part
ly finished. ■|1pl500 v/ill
handle; balance terms.
Bailey Hill Div. SEE M.
D, Snodgrass.
LIST your property v/ith]
M.D. SNODGRASS for quick]
sale. Office in home I
on Lower Bailey Hill St.
V/est of Lumber Yard.
BRIX SUB-DIVISION
LOTS FOR SALE
SEE R. FERRIN
Tho Altar Society of
St. Michael’3 Catholic
Church will hold a
Bake Salo on Saturday,
November 10th. Tho
Sale, which will 3tart
at 10:00 a.m., will bo
held at Bert’s Drug and
benefit thfc Hospital.
Henry Harrison, a
resident of the Valley
for many years, has a
gain gone "Outside" for
the winter. At the
time of his departure,
Mr. Harrison was still
undecided as to wheth
er or not he would re
main in tho States or
go on to Mexico and
Central America for his
vacation.
O.A.KERTTULA
} GENERAL
H_AlAJNG
CCm
BOX A°8
He'-z.t- /-V no/
L D B R' C AT i O N
PROCESS
FLUSH LII'HIS
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