INFLATIONARY TREND
i CHECKED, SAYS ORA
JUNEAU — American consum
ers have gained billions of dol
lars in the purchasing power ol
their dollars since the price sta
bilization program has been ir
effect, Office of Price Stabiliza
tion officials said this week.
Figures recently released show
ed sharp reductions in the rau
of climb of nearly all commodi
ties since the price freeze Iasi
January. The OPS had predicted
earlier this spring that prices
would level off and remain stable
this summer at about six per cent
above last December - January
levels. This prediction has proved
even more true than expected,
OPS officials said. Prices have
been held to increases of less
than six per cent generally.
Between the start of the Korean
war and the price freeze, whole
sale prices rose almost 15 per
cent, OPS pointed out. Since the
price freeze took hold, wholesale
prices have been held to an in
crease of less than one-half per
4 cent. Nearly all commodities sold
in Alaska reflect the prices charg
ed by stateside wholesalers since
most goods are shipped into the
Territory by Alaska retailers.
The story of basic commodity
prices is brought home even more
forcefully when told in terms of
the savings to individual consum
ers. Basic raw materials rose 58
per cent between Korea and the
freeze. Since controls have been
in effect, there has been a de
( cline of 11 per cent.
Many other items, such as lard,
coffee, hides shoes and textiles
rose from 13 to 69 per cent in
some instances between Korea
and the freeze. Since the Janu
ary freeze date gains have been
from 1 to 4 per cent at the most
and there have been many de
clines.
In addition to the actual money
savings OPS pointed out one of
I
the best measures of the success
of the control program has been
the curbing of psychological in
flationary pressures. The mad
scramble of scare buying of last
summer and fall has been reduced
and merchants are able to plan
ahead and control their inven
tories at stabilized price levels.
OPS dropped a note of warn
ing, however, that the real test
of controls is yet to come. When
defense spending totaling a bil
lion dollars a week hits the na
tion this fall and winter, the in
flationary pressures built up by
excess cash and curtailed civilian
goods could cause the spiral of
prices to start upward again if
present checks are not maintained.
Meanwhile, Territorial OPS
released answers on questions
which have arisen in Alaska con
cerning price regulations.
QUESTION: “If prices are sup
posed to be controlled, why do
we see so many increases in s6me
items, especially foods?”
ANSWER: Certain increases are
legal, such as farm products
which are presently below parity,
and also manufactured products
which have risen to allow for
material and labor costs, since
last June. These increases reflect
in Alaska several months after
being put into effect in the states,
due to the shipping lag.
QUESTION: “What was all the
talk about rollbacks? Would they
lower prices any?”
ANSWER: Until June 30, most
state manufacturers were in the
process of recomputing their costs
according to pre-Korean stand
ards, and would have been al
lowed only increases to take care
of labor and material costs. Thus,
any manufacturer who took a
higher profit than permitted un
der this formula would have been
required to lower his prices ac
cordingly. When the Defense
Production Act expired June 30,
however, Congress stipulated that
untU a new law was passed, OPS
could continue as usual but could
Money in the bank
Makes you FEEL GRAND!
Save at. . .
MATANUSKA VALLEY BANK
Palmer, Alaska
Open Friday Evenings—5 to 7 P. M.
2 PER CENT ON SAVINGS
BRITAINS TOUR
ALASKAN TERRITORY
Captain J. R. B. Longden of
the Royal Navy. Naval attache.
British Embassy. Washington, D.
C., and Mr. F. C. Ogden, British
Consul of the Pacific Northwest
area of United States, toured the
Alaskan theater, after having
spent four days at Elmendorf Air
Force Base as guests of the Alas
kan Command.
Itineraries of the two British
representatives differed, but they
jointly inspected several of the
naval bases. Mr. Ogden’s trip was
one of his periodic visits to the
Territory.
The men returned to the states
yesterday.
The world would be brighter
if people left their troubles in
the dark.
not require any manufacturer to
roll back any price.
QUESTION: “How does all this
affect Alaska?”
ANSWER: Since most Alaska
goods are shipped in from the
states, the territorial merchants’
ceiling prices are tied directly to
state wholesalers’ prices, it means
that any lowering of prices sched
uled by OPS is suspended by the
action taken by Congress, at least
for the month of July.
"SPENT 4a YEARS
DEVELOPING THE
MARLOW MILKER
J. C Marlow
TO DO ALL THIS"
MY HERD HOLDS UP
BETTER ON LACTATION
MY BACTERIA
COUNT IS LOWER
©
IT'S EASIER
ON THE UDDERS
MORE MILK
FROM MORE COWS
O’ I GET
FASTER MILKING
J. C. Marlow mada
the Marlow Milker
different because
he knows dairying
problems from 43
years' experience.
GOOD DAIRYMEN EVERYWHERE ARE
BOOSTING PRODUCTION —IMPROVING
HERDS—MAKING MORE MONEY
Howard Manlove, Shirley, Indiana: "From
Friday evening to Wednesday morn*
ing I raised the milk 33 pounds per
day on 7 cows which was hard to he*
lieve, but I got the weights from the
milk plant."
V. J. Lancaster, Turlock, Calif.: "The
extra profit by changing to Marlow in
ten months at 73c per pound butter*
fat is $1,341.45.”
George Accola, Slater, Iowa: "Never
believed there was a machine that
could clear up ..mastitis but I sure
found different when I got my new
Marlow. Also the Marlow is easy to
keep clean, no bidden or hard-to-get*
at places."
THE MARLOW MILKER IS NOT JUST
ANOTHER MILKER—IT'S DIFFERENT
Orville R. Hanson
Dealer — Phone 30135
Box 1826 Anchorage
Authorized Dealer For
JARLOW MILKERS
NEW OWNERS AT
FRONTIER CAFE
The sale of the Frontier Cafe
was made known this week. Mrs.
Maurine Zetmeir and Dave Mor
ton have purchased the cafe as
a partnership, from Pete Lucy,
former owner. The purchase price
was not made known.
An experienced baker, Morton
will make the majority of their
breads and pastries that will be
one of their features.
The restaurant opened this
morning, Friday, at six o’clock
Business hours have been estab
lished from six a.m. to midnight
daily. The merchant lunch, fea
tured by the former owner, wil
continue.
Both Mrs. Zetmeir and Mortor
have had restaurant experience
Circles under the eyes usually
mean a man has been making
the rounds.
Coffey Insure* Every Thing
Remember?
Interior Freight Lines
Clay Prewitt and Cliff Steadman, Owners
Freight Hauling Between Valdez and Rainier
Phone 62-J-3
CHITINA LIMOUSINE SERVICE
LEAVES PALMER FOR VALDEZ
10:45 a.m. each Monday (Leaves Anchorage at &:15 a.m.)
RETURNS TO PALMER AND ANCHORAGE
8:30 a.m. Tuesday
LEAVES PALMER FOR CHITINA
10:45 a.m. each Thursday (Leave Anchorage at 9:15 a.m.)
RETURNS TO PALMER AND ANCHORAGE
8:30 a.m. Friday
Leaves Anchorage from 4th Ave. Travel Bureau
(Fourth Avenue Theatre Bldg.)
Leaves Palmer from in front of Post Office
Leaves Valdez from Valdez Hotel
All Through One-Day Service — No Stop-Overs
Look for the Schlitz sign on highway
to Anchorage
The Butte
COCKTAIL LOUNGE and BAR