PRICE CONTROL IN U.S.
CEILINGS RESTORED ON MEATS DAIRY PRODUCTS STILL FREE (Rec. 9 p.m.) WASHINGTON. Aug. 21. The Price Decontrol Board has ordered price ceilings to be restored on all meats, soya beans, and cotton seed products, but has directed that dairy products and most grains remain free. The restoration of the full amount of live stock subsidies has also been directed. The board found that in the case of each item on which ceilings had been restored prices had risen unreasonably above the ceilings obtaining on June 30, and control was practicable and enforceable in the public interest. Grain price trends were at present downwards and were expected to level off at previous ceilings. The board, explaining its decision to restore meat ceilings, said retail price increases had ranged from 35 to 80 per cent, since June 3. when authorised prices in New York included porterhouse steak 56 cents a pound, pork chops 40 cents, bacon 43 cents, loin chops 64 cents, veal steak 40 cents. British Ship Strikes Magnetic Mine. —Eight members of the crew of 22. mostly Maltese, were killed when .he British steamer Skipjeck touched off a magnetic mine off Ravenna. —London, August 21.
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Press, Volume LXXXII, Issue 24960, 22 August 1946, Page 5
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199PRICE CONTROL IN U.S. Press, Volume LXXXII, Issue 24960, 22 August 1946, Page 5
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