HOSIERY
CEILING POSTPONED
OPA Sets Pricing
By Grade
WASHINGTON,
D.C.—New price ceilings on women’s rayon hosiery will be postponed until May
15, the Office of Price Administration (OPA) announced today. The order
requires hosiery to be graded A or B by quality, and the price ceiling will be
set to correspond to the grade. The postponement of the price ceilings was to
allow its enactment to coincide with the recent production standards for rayon
stockings ordered by the War Production Board (WPB). In announcing the
postponement, OPA head Prentiss M. Brown stated he is “…satisfied that the
principles underlying this regulation are sound and accordingly no changes in
principle are contemplated…”, which led to speculation that regulating prices
by quality grading could extend to additional consumer goods. Quality grading
for canned foods has been the source of much debate the past few weeks.
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