The evening world. Newspaper, April 18, 1921, Page 9

OPEN PRICE SYSTEM IS HELD CAUSE FOR HGH RETAIL COSTS Associations Attacked in Fed- eral Trade Report May Be Investigated by Congress. HARDING MAY TESTIFY. Associations Will Be Asked to’ Explain Systems—Stricter Laws Are Asked. WASHINGTON, April 18. — The White House made public to-day the report of the Federal Trade Com- mission that caused President Har- ding to say in hia message to Con- gress that “it (the commission) at- tributes, in the main, the failure to adjust consumers’ cost to basic pro- duction costa to the exchange of in- formation by ‘open price associa- which operate to the very great advantage of their members and equal disadvantage to the con- suming public, Mr. Harding followed this declara- tion with a suggestion that “some euitable inquiry by Congress might speed the price readjustment to normal relationship, with helpful- ness to both producer and consumer.” Resolutions asking for an inquiry tiona’ Into the activities of “open-price as- sociations’ wall be introduced tn Congress this week. Among the associations that will be asked to explain their systems of|agricultural production open prices are: The National Implement Associa- tion, the American Meat Pac! Association, the Wholesa Dealers’ Association, the Coal National Petroteum Association, the National Lumber Association, the American Beet Sugar Association, the National Water Power Association, the Na- tional Coal Association, the American Cane Sugar Association, the United States Sugar Manufacturers’ Asso- ciation, the Hardware Manufacturers’ Association, the National Canners’ Association, the American Railway Association and the Natlonai Whole- sale Grocers’ Association. If the inquiry is authorized the Presidents and other high officials of these organizations will be asked to testify. y President Harding said these “open- price associations” are operating “within the law,” but the Federal Trade Commission doubts that all of them are. The Commiasion’s formal findings ag to the causes of the excessive cost of living were: (1) excessive prices of staples, especially coal; (2) the existence ‘of corporate monopolies, such as the lumber trust now und investigation by the Department o: Justice; (3) the so called “open price” associations which exchange price lists between members who always conform to the highest listed prices; (4) interference with competitive business by “distributing associa- tions” which shut out new dealers from the market. Necessary remedies, the Commis- sion reported, are first of ali better |T™ transportation and credit facilities, The following recommendations are also made; (1) Legislation authorizing the Commission to collect and publish data regarding the actual production costs of necessities (shelter, clothing, food and fuel); (2) vigvrous prosecu- tion of the existing Anti-Tru 1 ‘ conferences with representatives other nations to clearing the channels prices of international trade; (6) protecting | unfair profi with addit may be neccessary price” — associatic measures to encourage co tive buying by consumers; Jation to curb gambling in futures in food suppiles and pyramiding of re- onsignments and jobbers salr the farmer by furnishing full and timely information regarding foreign and domestic market conditions which are now too much the prerogative of closely organized agencies to whom) , the farmer has to sell. FOOD COSTS IN N. Y. DECLINE 2 PER CENT. Meat, Butter, Cheese and Sugar, However, Showed an fh- crease ‘Last Month. WASHINGTON, April 18.—Prices of meats, butter, cheese and sugar in- creased during the period from Feb. 15 to March 15, while retail costs of many other commodities making up| the average family food budget de-, creased, according to the monthly index issued to-day by the Depart- ment of Labor. An average decline of 1 per cent. in the retail cost of food) was estimated. In New York the de- cline was 2 per cent. Fourteen of the forty-three articles dealt with in the index showed in- creases as follows: Cabbage, 17 per cent.; granulated sugar, 9 per cent.; pork chops.g8 por cent.; sirloin and round steaks, rib ast, chuck roast, butter and cheese, per cent.; plate beef, ham, lamb, hens and bananas, 1 per cent. Senator Calder Favors ‘Pitiless Publicity” for Profiteers. Semtor William M. Calder, com- O (ae All Sizes Are Included but not Every Size in Each Style PPENHEIM.CLLINS & G 34th Street—New York Suit Value Extraordinary—Tuesday Brown, Rookie and Women’s Suit Dept.—2nd Floor OPPENHEIM, CLLINS & C 34th Street—New York Will Close Out Tuesday—850 Pairs Women’s Strap Pumps At a Greatly Reduced Price Smart Spring Styles Reduced to 7/9 Formerly Sold to 12.50 An accumulation of the Season's best Models in all desirable Leathers. Welted or hand-turned soles Superbly Tailored Higher Quality Jersey Suits For Women and Misses Incomparable Values 23.00 A trim new Tuxedo model of Wool Jersey, in Tan, Navy, Black, New Blue, able for Sports and General Wear Beige. Suit- Shoes Brooklyn and Also on Sale in Our Newark Stores “2 menting the late or Libelting well and wi Int ad i eat Lith a that six months ant more than stx years in the penitentiary by Jude Talley ti 3 day with his Jeneral Seasions to: She was con: Hing Alexander philanthropist vieted of erlminall millionaire he is found to he tak when | on these name be ed, The public, fully |) | fhtormed to his greed will punisa |G him in the way in which he will feel it | Ing most keenly.”* Y Thomaa's Chirc A newspaper cont uatice and the Poor,” Stanley $ He Gibbons 392Frtu AE. At 36 St. Second Hoor-Jake Glevator: Many so-called sale suits have nothing attractive about them but the price. In our $34.50 suits the style, the tailoring, the material is equal to many a high cost custom-made garment; the low price is simply an added attraction. Tomorrow---A Sale of 200 Clever Tailored Suits Z Tricotine and Poiret Twill For Women and Misses Wonderful Values at 3 4.50 NONE ON APPROVAL NONE CREDITED Several dozen still higher cost suits of Twill Cord, Picquitine and Poiret Twill reduced to styles; remarkably tailored. Selected from regular stock of higher priced models 35 00 ably low price of \ LT omacaranae meet Interest You you are buying furniture at the the high character included in the buying public what they have if you desire, Tricotine or Poiret Twill, tailored or embroidered, made up in the very latest ‘At Reduced Prices for Tomorrow——~ . 200 Spring Coats and Wraps of Bolivia, Tasm: ‘amona, Tricotine and Satin, and reduced for immediate disposal to the remark- Other Higher Cost Spring Coats, Wraps and Capes at Similar Reductions. IN NorTHWesT CORNER SIXTH AVESIS STR. This Must We want you to come to this store with every confidence that lowest prices which we believe can be found on merchandise of this “ad.” We have left no stone unturned in our efforts to give waited for—Lower Prices on Better Furniture. And, of course, Our LIBERAL CREDIT Is at Your Disposal Porceloid Side Icer Porceloid $3 1-98 Hygienic Solid Oak Food Compartment, as illustrated 4 of Buffet, China Closet, Serving Chest, Din- le, 48 inches, 6-foot extension; 4 Pieces as illustrated, at $282.50 Three-Piece Krochler Duofold Sofa Bed Suite Makes a full size bed when open. ‘Massive frames, in Mahogany finish, [| highly polished, upholstered in imitation S ish leather, indest ible springs in seats. This does not include $95.00 matt + as illustrated, at MOTOR TRUCK DELIVERIES OPEN SATURDAY EVENINGS WNCoa O" AvER\S "St THE EVENING WORLD, MONDAY, APRIL 18, 1921, __ 9 West 42nd Street (Between 5th and 6th Avenues) West 43rd Street Extraordinary Values Tuesday in A Sale of Wardrobe Trunks Offering sturdily constructed luggage at the absolute lowest prices we have been enabled to quote for several seasons past Wardrobe Trunks — 40x22x1414 Full Size Dome Top Wardrobe. ins.; spring lock, heavy hardware; Trunks—45x23x22 inches; spring cretonne lined; four drawers, one lock; heavy hardware; cretonne pull down drawer with divisions, lined; five drawers; 12 assorted shoe pockets and six hangers, hangers, shoe pockets, laundry bag, $24.75 $35.00 Open Top Dome Model Full Size Wardrobe Trunks—45x23x22 inches; fully studded, heavy hardware; spring lock, eretonne lined, five drawers (two can be converted into hat box); 12 assorted $47 50 hangers, shoe pockets and laundry bag, - - - . COLONIAL RAG RUGS Considerably Less Than Former Prices A most extensive assortment of Hit-or-Miss effects with borders of Rose, Blue, Ivory and other colorings suitable for Bed Room, Boudoir, Bath Room or Kitchen, These Rugs are washable and will render lengthy service. Size Usually Now Size Usually Now 9x12 ft: 19.50, 15.00 | 7x10 ft; 815.00, 10.25 6x9 ft.; 10.50, $7.50 | -sox6oins; 82.50, $1.65 4x6 ft.; 5.25, $3.90 | e7xs4 ins; 81.90, $1.25 36x72 ins.; 93.25, $2.45 24x86 ins; «$1.25, 75c An extensive showing of Imported Summer Floor Coverings for Country Homes at Unusually Low Prices. In order to effect an Immediate Clearance we now offer 10000 ¥: Imported Cretonnes at Reductions of ONE-THIRD to ONE-HALF off A seasonable assortment of highly desirable Cretonnes in exclusive color combinations and effective designs. 55¢ srinen 75 sion | $1.25 srincr Values to $1.00 Values to $1.35 Values to $2.00 Dept. of Interior Decorating—Fourth Floor Most Exceptional Values now available in our Sale of Chinaware and Glassware Imported China Dinner Services 100 pes.; wide gold encrusted border; matt gold handles; open stock, $195.00 $310.00 Values 100 pieces; coin gold band and line; matt gold handles; open stock, $69.50 $125.00 Values American Porcelain Dinner Services 100 and 106 pieces; dainty colored floral spray and conventional border de- signs, 19.50 and 29.50 $25.00 and 37.50 Values 100 and 106 pieces; large variety of richly colored conventional border de- signs; matt gold handles, $39.50 $49.50 Value 52 pieces; neat colored flo- ral spray and conventional border designs; some with matt gold handles, 10.95 and 19.50 $14.95 and 29.50 Values American Porcelain Luncheon Sets—$5.50 and 8.95 ($8.95 and 11.95 Values) 82 pes.; new open stock patterns; medallion and conventional borders; gold line edge. 15 Piece Cereal Sets—-Blue border; windmill decorations; ($12.95 Values) $7.95 EXTRA SPECIAL—Thin Blown Light Cut Glassware Water Goblets, Tall and Low Sherbet Glasses, Iced Tea and Table 35c Tumblers, plain and optic effect; floral and leaf cutting, .. Each 50c and 60c Values