Music Trade Review
Issue: 1951 Vol. 110 N. 3 - Page 20
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
WASHINGTON
Record Keeping Dates
Extended by OPS
The Office of Price Stabilization on
February 23. 1951, extended to March
22 the deadline for preparing and pre-
serving records under the General Ceil-
ing Price Regulation.
The complete text of the deadline ex-
tension announcement follows:
"The Office of Price Stabilization an-
nounced today that it was extending
from March 1 to March 22, 1951, the
date on or before which retailers must
prepare and preserve certain statements
required under Section 16 (a) of the
General Ceiling Price Regulation. The
pertinent requirements are stated in
paragraphs (2) and (3) of that section.
"OPS said one reason for the post-
ponement was the possibility of another
regulation covering certain categories
of consumer goods that may make un-
necessary the preparation by sellers of
commodities at retail certain records
which they otherwise would be prepar-
ing under the provisions subject to this
amendment.
"OPS explained that this amendment
did »ot in any way affect requirement
of Section 16 (a) (1) of GCPR that
all sellers including retailers of com-
modities preserve for examination those
records showing the prices charged by
the seller for commodities delivered or
offered for delivery during the base
period, as well as sufficient records to
establish the latest net cost incurred by
the seller prior to the end of the base
period in purchasing the commodities.
"The postponement to March 22,
1951, is authorized under Amendment
No. 3 to the General Ceiling Price Regu-
lation, which was filed with the Federal
Register on February 23 and becomes
effective immediately.
"Subparagraph (2), as it affects sell-
ers of commodities at retail, requires
preparation of a statement showing
the categories in which deliveries or
20
offers for delivery were made during the
base period of GCPR. Subparagraph
(3) requires further that such sellers
prepare and preserve a ceiling price
list showing the commodities in each
category that were delivered or offered
for delivery during the base period.
"Postponement of the preparation of
the category and price statements at the
retail level is deemed advisable since
the issuance of regulations is contem-
plated which, it is hoped, may render
unecessary the preparation, by sellers
of commodities at retail, of certain of
the statements which otherwise would
be prepared under the General Ceiling
Price Regulation. The new regulations,
it is planned, will substitute therefor,
as to a large number of commodities,
statements more expertly tailored to
the need of the retailer."
Materials to Repair Plants
Under Special Priority
A special priority to enable factories,
business establishments and public and
private institutions to get materials
needed for the maintenance, repair and
operation of the plants at "peak effi-
ciency," has been granted by the Na-
tional Production Authority.
The new priority, known as a DO-97
rating, can be used by business con-
cerns and other institutions without in-
dividual authorization by the produc-
tion authority. It can be used solely to
acquire maintenance, operating and re-
pair supplies and not for the purchase
of material to be incorporated into the
products made, nor for the purchase of
major capital items. In its effectiveness,
officials said, the rating is equal to all
D.O. (defense order) ratings.
Under this program, Manly Fleisch-
mann. Administrator of the National
Production Authority, explained, all es-
tablishments in the United States—ware-
houses, factories, retail and wholesale
stores, service shops, farms, hospitals,
HIGH LIGHTS
schools, libraries, churches, Federal,
state and local governmental agencies
—may use a priority rating.
A similar provision for the main-
tenance of plants was invoked by War
Production Board officials in the last
war. However, the M. R. 0. (mainte-
nance, operation and repair) ratings
came so late in the course of the war
production program then that much of
their effectiveness was lost.
The present M. R. 0. program, offi-
cials explained, is permissive in charac-
ter. No one is required to use the rat-
ings but if they do they are bound by
the limitations of the regulations.
Under the regulation, purchases un-
der the rating are limited in any one
calendar quarter to one-fourth of the
firm's dollar purchases for maintenance,
repair and operating purposes in 1950.
If this quota is found to be too small
to provide sufficient supplies, the firm
may file with the National Production
Authority an application for an in-
creased quota.
A special provision for seasonal busi-
nesses permits such enterprises to pur-
chase as much in any current quarter
as was spent by the business in the cor-
responding period of 1950.
KEYBOARD
OF THE
NATION
THE MUSIC TRADE REVIEW, MARCH, 1951
WASHINGTON
Record Keeping Dates
Extended by OPS
The Office of Price Stabilization on
February 23. 1951, extended to March
22 the deadline for preparing and pre-
serving records under the General Ceil-
ing Price Regulation.
The complete text of the deadline ex-
tension announcement follows:
"The Office of Price Stabilization an-
nounced today that it was extending
from March 1 to March 22, 1951, the
date on or before which retailers must
prepare and preserve certain statements
required under Section 16 (a) of the
General Ceiling Price Regulation. The
pertinent requirements are stated in
paragraphs (2) and (3) of that section.
"OPS said one reason for the post-
ponement was the possibility of another
regulation covering certain categories
of consumer goods that may make un-
necessary the preparation by sellers of
commodities at retail certain records
which they otherwise would be prepar-
ing under the provisions subject to this
amendment.
"OPS explained that this amendment
did »ot in any way affect requirement
of Section 16 (a) (1) of GCPR that
all sellers including retailers of com-
modities preserve for examination those
records showing the prices charged by
the seller for commodities delivered or
offered for delivery during the base
period, as well as sufficient records to
establish the latest net cost incurred by
the seller prior to the end of the base
period in purchasing the commodities.
"The postponement to March 22,
1951, is authorized under Amendment
No. 3 to the General Ceiling Price Regu-
lation, which was filed with the Federal
Register on February 23 and becomes
effective immediately.
"Subparagraph (2), as it affects sell-
ers of commodities at retail, requires
preparation of a statement showing
the categories in which deliveries or
20
offers for delivery were made during the
base period of GCPR. Subparagraph
(3) requires further that such sellers
prepare and preserve a ceiling price
list showing the commodities in each
category that were delivered or offered
for delivery during the base period.
"Postponement of the preparation of
the category and price statements at the
retail level is deemed advisable since
the issuance of regulations is contem-
plated which, it is hoped, may render
unecessary the preparation, by sellers
of commodities at retail, of certain of
the statements which otherwise would
be prepared under the General Ceiling
Price Regulation. The new regulations,
it is planned, will substitute therefor,
as to a large number of commodities,
statements more expertly tailored to
the need of the retailer."
Materials to Repair Plants
Under Special Priority
A special priority to enable factories,
business establishments and public and
private institutions to get materials
needed for the maintenance, repair and
operation of the plants at "peak effi-
ciency," has been granted by the Na-
tional Production Authority.
The new priority, known as a DO-97
rating, can be used by business con-
cerns and other institutions without in-
dividual authorization by the produc-
tion authority. It can be used solely to
acquire maintenance, operating and re-
pair supplies and not for the purchase
of material to be incorporated into the
products made, nor for the purchase of
major capital items. In its effectiveness,
officials said, the rating is equal to all
D.O. (defense order) ratings.
Under this program, Manly Fleisch-
mann. Administrator of the National
Production Authority, explained, all es-
tablishments in the United States—ware-
houses, factories, retail and wholesale
stores, service shops, farms, hospitals,
HIGH LIGHTS
schools, libraries, churches, Federal,
state and local governmental agencies
—may use a priority rating.
A similar provision for the main-
tenance of plants was invoked by War
Production Board officials in the last
war. However, the M. R. 0. (mainte-
nance, operation and repair) ratings
came so late in the course of the war
production program then that much of
their effectiveness was lost.
The present M. R. 0. program, offi-
cials explained, is permissive in charac-
ter. No one is required to use the rat-
ings but if they do they are bound by
the limitations of the regulations.
Under the regulation, purchases un-
der the rating are limited in any one
calendar quarter to one-fourth of the
firm's dollar purchases for maintenance,
repair and operating purposes in 1950.
If this quota is found to be too small
to provide sufficient supplies, the firm
may file with the National Production
Authority an application for an in-
creased quota.
A special provision for seasonal busi-
nesses permits such enterprises to pur-
chase as much in any current quarter
as was spent by the business in the cor-
responding period of 1950.
KEYBOARD
OF THE
NATION
THE MUSIC TRADE REVIEW, MARCH, 1951
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