PRICES IN AMERICA
RESTORATION Oh' SOME
CEILINGS
WASHINGTON, August 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 un-. reasonably 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 steaks 56 cents a pound, pork chops 40 cents, bacon 43 cents, loin chops 64 cents, veal steak 40 cents. . ... . _ , ■ ,
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Bibliographic details
Greymouth Evening Star, 22 August 1946, Page 3
Word Count
160PRICES IN AMERICA Greymouth Evening Star, 22 August 1946, Page 3
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