[Rayon Grey Goods] [From the U.S. Government Publishing Office, www.gpo.gov] PRICE SCHEDULE No. 23 (AMENDED TO OCTOBER 3, 1941) Rayon Grey Goods OFFICE FOR EMERGENCY MANAGEMENT OFFICE OF PRICE ADMINISTRATION WASHINGTON, D. C. Table of Contents Page Price Schedule No. 23, Rayon Grey Goods_____________________________ 1 1. Maximum prices for rayon grey goods_________________________ 1 2. Less than maximum prices___________________________________ 1 3. Evasion_______________________________J---------------------- 1 4. Records____________________________________________________ 2 5. Details required in contract of sale and invoice___________ 2 6. Reports________________________________________------------ 3 7. Affirmation of compliance________________________—,-------- 3 8. Enforcement________________________________________________ 3 9. Modification of the schedule_________________________:----- 4 10. Definitions: (a) Person_____________________________________________ 4 (b) Rayon grey goods___________________________________ 4 11. Effective date of the schedule_________________________:----- 4 12. Appendix A: Maximum prices for rayon grey goods______________ 5 Forms: Rayon grey goods production report___________________________ 7 Instructions for filling out production report________________________ 7 Affirmation of compliance for buyers or sellers of rayon grey goods--- 9 Press Releases: August 24, 1941, Issuance of Price Schedule No. 23-------------------- 10 September 17, 1941, Upward revision in prices not justified. Changes considered in reporting requirements-------------------------------- 11 October 3, 1941, Amendment to Price Schedule No. 23, modifying reporting requirements__________________________________------------12 Supplement: Establishment of the Office of Price Administration.---- 14 Note.—Price schedules have also been issued for other commodities and materials and may be had upon request to the Office of Price Administration, Washington, D. C. A list of Price Schedules issued is also available. PRICE SCHEDULE NO. 23 Rayon Grey Goods Recent events have further disturbed a market situation in rayons which was already unsettled. A shortage of rayon yarns for some time past has forced chemical firms producing these yams to make deliveries in amounts far under their customers’ requirements. Concurrently, the restricted supply has forced prices of both grey goods and finished goods up to levels which are unwarranted by such minor cost increases as have occurred. To check these rises, leading weavers entered into a voluntary agreement with the Office of Price Administration on July 16, 1941, to refrain from further price advances on certain specified standard constructions. Among primary producers these voluntary ceilings were successfully maintained, but the market continued to be disturbed by second-hand sales at inflated levels. Now that civilian supplies of silk are unavailable, the diversion of rayon yarns to silk manufacturers inevitably will aggravate the existing shortage of rayon for weaving and disrupt price stability unless remedial action is taken. Accordingly, under the authority vested in me by Executive Order No. 8734,2 it is hereby directed that: 1. Maximum prices for rayon grey goods.—On and after August 25, 1941, regardless of the terms of any contract of sale or purchase, or other commitment, no person shall sell, offer to sell, deliver, or transfer rayon grey goods of the constructions enumerated in Appendix A hereof, incorporated herein as section 12, and no person shall buy, offer to buy, or accept delivery of rayon grey goods of such enumerated constructions, at prices higher than the maximum prices set forth in Appendix A. 2. Less than maximum prices.—Lower prices than those set forth in Appendix A may be charged, demanded, paid, or offered. 3. Evasion.—The price limitations set forth in this Schedule shall not be evaded, whether by direct or indirect methods in connection with a purchase, sale, delivery, or transfer of rayon grey goods, alone or in conjunction with any other material, or by way of any commis- 16 F. R. 4371, No. 166, August 26, 1941. Published as Title 32, Ch. XI, Part 1337, secs. 1337.11 to 1337.22, inclusive. Amended : 6 F. R. 5073, No. 194, October 4,1941. Corrected : 6 F. R. 5220, No. 200, October 14, 1941. 2 See Supplement, p. 14. 426588°—41 1 sion, service, transportation, or other charge, or discount, premium, or other privilege, or by tying-agreement or other trade understanding, or otherwise. 4. Records.8—(a) Every person making purchases or sales of rayon grey goods after August 25, 1941, whether or not of the constructions enumerated in Appendix A hereof, shall keep for inspection by the Office of Price Administration for a period of not less than 1 year: (1) Complete and accurate records of each such purchase or sale, showing the date thereof, the name and address of the buyer or seller, the price paid or received and the quantity in yards of each construction purchased or sold; and (2) copies of each contract of sale and invoice or similar document containing the details required in section 5 hereof. (3) Every manufacturer of rayon grey goods shall keep for inspection by the Office of Price Administration for a period of not less than 1 year complete and accurate records setting forth : (1) A full description of each construction of rayon grey goods whether or not of the constructions enumerated in Appendix A, manufactured or sold, including (i) the width, specifying whether in or off the loom, (ii) the cloth count, i. e., the number of ends and picks per inch, specifying whether in or off the loom, and (iii) a full description of the yarn both in the warp and in the filling, specifying in each case the denier and number of filaments, the process by which made, the twist or combination, if any, and, if a blend, the percentages of each type of yarn so blended ; and (2) the quantity in yards of each construction of rayon grey goods, whether or not of the constructions enumerated in Appendix A, produced during each calendar month. 5. Details required in contract of sale and invoice.3—(a) Every seller of rayon grey goods of the constructions enumerated in Appendix A shall, with respect to each sale thereof, deliver to the purchaser a contract of sale which shall contain, in addition to the terms thereof, a full description of each construction of rayon grey goods sold, including (1) the width, specifying whether in or off the loom, (2) the cloth count, i. e., the number of ends and picks per inch, specifying whether in or off the loom, and (3) a full description of the yarn both in the warp and in the filling, specifying in each case the denier and number of filaments, thé process by which made, the twist or combination, if any, and, if a blend, the percentages of each type of yarn so blended. (6 ) With each delivery of rayon grey goods, whether or not of the constructions enumerated in Appendix A, there shall be transmitted to the purchaser an invoice or similar document which shall contain a style number or symbol sufficient to identify in the manufacturer’s records maintained pursuant to Section 4 hereof, the details of each construction so delivered. 8 As amended, effective October 3, 1941: 6 F. R. 5073, No. 194, October 4, 1941. 2 6. Reports*—On or before October 10, 1941, and on or before the 10th day of each month thereafter, every manufacturer of rayon grey goods shall submit to the Office of Price Administration a report on Form 123:15 setting forth in the detail required by the form all the constructions of rayon grey goods, other than the constructions enumerated in Appendix A, manufactured by such person in quantities in excess of 25,000 yards per month, and the highest prices at which each such construction was sold, both for immediate and future delivery, if sold during such month. Such reports shall be submitted even although the rayon grey goods so manufactured were not sold in the grey state but were further processed by the manufacturer thereof. Copies of Form 123:1 can be procured from the Office of Price Administration.6 7. Affirmations of compliance.—On or before October 10, 1941, and on or before the 10th day of each month thereafter, every person who, during the preceding calendar month, has purchased or sold rayon grey goods of the constructions enumerated in Appendix A, whether for immediate or future delivery, shall submit to the Office of Price Administration an affirmation of compliance on Form 123:2/ containing a sworn statement .that during such month all such purchases or sales were made at prices in compliance with this Schedule or with any exception or modification thereof. Copies of Form 123:2 can be procured from the Office of Price Administration or, provided that no change is made in the style and content of the form and that it is reproduced on 8- by 10^-inch paper, they may be prepared by persons required to submit affirmations of compliance hereunder. 8. Enforcement.—In the event of refusal or failure to abide by the price limitations, record requirements, or other provisions contained in this Schedule, or in the event of any evasion or attempt to evade the price limitations or other provisions contained in this Schedule, the Office of Price Administration will make every effort to assure (a) that the Congress and the public are fully informed thereof, and (&) that the powers of the Government are fully exerted in order to protect the public interest and interests of those persons who comply with this Schedule. Persons who have evidence of the offer, receipt, demand, or payment of prices higher than the maximum prices, or of any evasion or effort to evade the provisions hereof, or of speculation, or manipulation of prices of rayon grey goods for which maximum prices are herein established, or of the hoarding or accumulating of unnecessary inventories thereof, are urged to communicate with the Office of Price Administration. 4 As amended, effective October 3, 1941: 6 F. R. 5073, No. 194, October 4, 1941. B See p. 7. See also instructions for filling out Form 123 : 1, p. 7. • See Press Release, pp. 11, 12, for statement clarifying reporting requirements. 7 See p. 9. 3 9. Modification of the Schedule.—Persons complaining of hardship or inequity in the operation of this Schedule may apply to the Office of Price Administration for approval of any modification thereof or exception therefrom. 10. Definitions.—When used in this Schedule, the term (a) “person” means an individual, partnership, association, corporation, or other business entity; (6) “rayon grey goods” means fabric manufactured from chemically produced fiber or yarn made from cellulose or with a cellulose base, woven, but not printed, dyed, or finished. 11. Effective date of the Schedule.—This Schedule shall become effective August 25, 1941. Issued this 23d day of August, 1941.” Leon Henderson, Administrator. 8 For dates of amendment and correction, see footnote 1, p. 1. 4 Section 12. Appendix A1 Maximum Prices For Rayon Grey Goods The maximum prices for the enumerated constructions of rayon grey goods established by this schedule are applicable to dll sales of rayon grey goods whether made by the manufacturer or by any other person. Type of fabric Off loom width Cloth count (grey) Warp Filling Price per yard f. o. b. manufacturer’s mifl Viscose Twill 38" 112x68 150 denier viscose 150 denier viscose Cent» 20 40)4" 40)4" 40)4" 42)4" 38" 92x64 150 denier viscose . 150 denier viscose 18% 84 x 64 150 denier viscose 150 denier viscose 18 72x46 150 denier viscose 150 denier viscose 14 108 x 64 150 denier viscose 150 denier viscose 20)4 Taffeta 110 x 44 150 denier viscose 150'denier viscose 16)4 39" OR x 44 150 denier viscose 150 denier viscose 15)4 39" $8 x 44 150 denier viscose 150 denier viscose 14)4 39" 38 X 42 150 denier viscose - 150 denier viscose 12% 40J4" 37" ^4 x 00 150 denier viscose - 150 denier viscose 17 AcOtBtO Twill 120 x 72 150 denier acetate 150 denier viscose 22 42" 112x68 150 denier acetate _ - 150 denier viscose 22)4 Acetate Taffpta 39" 110 x 48 150 denier acetate 150 denier acetate - 17% Pigment Taffeta Viscosa Satin 40)4" 43)4" 40)4" 40" 92x68 92x64 72x56 140 x 64 100 denier pigment viscose. 100 denier pigment viscose. 150 denier pigment viscose. 100 denier viscose 150 denier pigment viscose. 150 denier pigment viscose. 150 denier pigment viscose. 150 denier viscose 18 18)4 15)4 22 40" 140 x 56 100 denier viscose 150 denier viscose 21 40" 110 x 48 150 denier viscose 150 denier viscose 17 42)4" IRil x 72 150 denier viscose 150 denier viscose 28)4 SPUN RAYON Twill 40)4" 40)4" 40)4" 128x60 30 s/1 spun viscose 30 s/1 spun viscose 19)4 Challis 68x62 30 s/1 spun viscose 30 s/1 spun viscose 13)4 Oneway Flake 68 x 44 30 s/1 spun viscose 18 s/1 average spun flake viscose_________ 14 Poplin W' 41" 104x44 30 s/1 spun viscose 14 s/1 spun viscose 18)4 File Challis 66 x 38 30 s/1 spun viscose 14 s/1 spun viscose 14)4 10% Blend 41" 66x38 30 s/1 spun 10% acetate, 14 s/1 spun 10% acetate, 90% viscose. 14 s/1 spun 20% acetate, 15 20% Blend 42^" 40" 52x36 90% viscose. 14 s/1 spun 20% acetate, 17)4 30% Blend 60x52 80% viscose. 20 s/1 spun 30% acetate, 80% viscose. 20 s/1 spun 30%, acetate, 18)4 70% viscose. 70% viscose. Cloth count Price per yard f. o. b. manufacturer’s mill COMBINATION YARNS (twist on twist) 2-ply Alpaca Reed width Ends in loom Picks off loom Warp (combined and twisted) Filling (combined and twisted) 4S," 44 x SR 150 denier acetate 150 denier acetate Cents 30 “Magic Hour” type. “Cynara” type 48" 44 150 denier viscose crepe twist. 150 denier acetate _ 150 denier viscose crepe twist. 150 denier acetate 34)4 32 47" 52 x 40 100 denier viscose crepe twist. 150 denier acetate 100 denier viscose crepe twist. 150 denier acetate “Trinolido” type 48" 44 2ft 100 denier viscose crepe twist. 150 denier acetate 100 denier viscose crepe twist. 150 denier acetate 31)4 “Mock Romaine” type. 47" £2 x 4A abraded. 150 denier viscose crepe twist. 150 denier acetate 150 denier viscose crepe twist. 200 denier acetate 29)4 100 denier viscose crepe twist. 1 As corrected, 6 F. R. 5220, No. 200, October 14,1941. 5 Type of fabric Off-loom width Cloth count (grey) I Warp Filling Price per yard f. o. b. manufacturer’s mill Acetate Satin 42" 200 x 72 75 denier acetate 100 denier acetate Cents 25)4 24)4 24 42" 1 80x72 75 denier acetate 100 denier acetate 42" 180 x 64 75 denier acetate 120 denier acetate Acetate Taffeta 42" 42" 225 x 90 180 x 60 55 denier multi-filament acetate. 75 denier acetate 75 denier multi-filament acetate. 150 denier acetate 150 denier multi-filament viscose voile twist. 27)4 23)4 23)4 French crepe 41" 104 x 72 100 denier multi-filament pigment viscose. Reed width Ends in loom Picks off loom French crepe 43)4" 150x94 75 denier acetate 75 denier viscose voile twist. 300 denier acetate 14 s/1 spun viscose 28)4 23)4 23)4 Acetate suiting 43)4" 102 x 48 150 denier acetate Spun rayon filled 43)4" 108x48 150 denier acetate poplin. Reed width Cloth count Price per yard f. o. b. manufacturer’s mill Ends in loom Picks off loom Warp Filling CREPE Cents 27 Acetate warp 45" 110 x 64 120 denier acetate 100 denier viscose crepe twist. 100 denier viscose crepe twist. 150 denier viscose crepe twist. 75 denier viscose crepe twist. 100 denier viscose crepe twist. 45" 135 x 64 100 denier acetate 28)4 23)4 48" 90 x 48 150 denier acetate All-Viscose 44" 150 x 76 75 denier pigment viscose. 100 denier multi-filament pigment viscose. 45" 114x68 27)4 Off-loom SHEERS Ends Picks Cuprammonium triple-sheer. Viscose triple-sheer _ 46" 46" 104x72 104 x 72 75 denier Cuprammonium crepe twist. 75 denier viscose crepe twist. 75 denier Cuprammonium crepe twist. 75 denier viscose crepe 75 denier Cuprammonium. 75 denier viscose 27 25)4 28 26)4 28 Cuprammonium triple-sheer. Viscose triple-sheer _ 48" 48" 104 x 72 104 x 72 75 denier Cuprammonium. 75 denier viscose Viscose georgette 50" 80x72 twist. 75 denier viscose crepe twist. 75 denier viscose crepe twist. 6 Form 123:1 OFFICE OF PRICE ADMINISTRATION Washington, D. C. Rayon Grey Goods Production Report1 1. Company reporting: A. Name of company--------------------------------------------------- General office address_________________________—-------------___------------- State City B. Name of mill______________________________________________________ Location of mill____________________________________________________—--------- State City or town 2. 3. Type of fabric______________ Production during month of. 4. 5. Highest selling price per yard---------- Type of loom used. _ for delivery during the month given above. $. for future delivery____$. Number of yards 6. Width in inches___ 7. Mill style No----- 8. Number of ends--- 9. Number of picks__ Plain □ Reed □ Box □ Gray □ Dobby □ Jacquard □ In loom □ Off loom □ Warp Filling Description of yarn Denier or count Process (a) (b) 10. Use this line if a simple yarn is used_____________________________ _______ ____________ 11. Use this extra line if com- % Denier If blend or count Process (c) (a) (b) % If blend (0 bination or blend----------------------- 12. Twist, if any_________________________________ ______________________ 13. Remarks: < Note.—A separate report is required for each fabric not included under the OPA ceiling if 25,000 yards or more have been woven during the calendar month. Confidential.—For use in U. S. Government Defense Agencies only. OFFICE OF PRICE ADMINISTRATION Washington, D. C. Form 123:5 Gentlemen : Enclosed you will find----copies of Form 123:1. These reports should be completed and mailed by the 10th of each month to cover your operations for the preceding calendar month. The first reports, covering the month of September, should be mailed by October 10. A separate report is required for each fabric not included among the constructions enumerated in Appendix A of Price Schedule 23, if 25,000 yards or more of such fabric have been produced in the calendar month covered. Information submitted on these forms will be held in strict confidence, for use of United States Government defense agencies only. 1 See sec. 6, p. 3. 7 Instructions for filling out Form 123:1 follow (the paragraph numbers below refer to the corresponding numbers found on the form itself) : 1. Give the name and location of the mill if it differs from that of the company or general office. If the name of the company or mill should change after the first report has been filed, give the old as well as the new name for identification. 2. Give the descriptive term for the fabric which is generally used by the trade, e. g., Viscose twill, Acetate taffeta, Spun rayon filled poplin, 2-ply Alpaca, etc. 3. Fill in the month for which you are reporting, and indicate the number of yards of the fabric which have been completed and removed from the loom. 4. Indicate the highest prices for which you have sold or contracted to sell the fabric during the month. If such sale calls for complete or partial delivery during the month of production, fill in the upper line in dollars and cents per yard. If the sale is for future delivery, use the lower line. If both kinds of transactions have been made during the month, use both lines. 5. Check in the appropriate box or boxes the type of loom used to produce the fabric. 6. Give the width in inches of the fabric. Check in the appropriate box whether this width is measured in the loom (reed) or off the loom (grey). 7. Give the style number or symbol by which the mill identifies the fabric and which it places on invoices to customers. 8. Give the number of ends per inch in the warp of the fabric. Check in the appropriate box whether the count is made in the loom or off the loom. 9. Give the number of picks per inch in the filling of the fabric. 10. For most fabrics it will be necessary to use line 10 and columns (a) and (b) only to describe the yarn in warp and filling. Indicate the denier and number of filaments for filament yarn and the yarn count for spun yarns; and the process by which the yarn was produced, e. g., V. (viscose), A. (acetate), or C. (Cuprammonium). 11. If the fabric is made from blended, or combination yarns, use line 11 also to describe the warp and filling yarns. Include in column (c) the percentage of each type contained in the final yarn. 12. Describe the twist of the yarns in the warp and filling. If any throwing operation is employed, give the number of turns per inch. 13. Add any further details necessary to identify the fabric and any special processes Involved in manufacturing which might constitute extra costs. Please address all correspondence regarding these forms, including requests for additional copies, and mail in the completed forms to: Silk and Rayon Unit of the Textile, Leather, and Apparel Section, Price Division, Office of Price Administration, Temporary Building D, Washington, D. C. Sincerely yours, J. K. Galbraith, Assistant Administrator. 8 Office for Emergency Management OFFICE OF PRICE ADMINISTRATION Washington, D. C. Form 123:2. Affirmation of Compliance For Buyers or Sellers of Rayon Grey Goods1 For the purpose of making an affirmation of compliance with Price Schedule No. 23 of the Office of Price Administration, required by section 7 thereof, I have examined the records for the month of ______________, 194—, of__________________________________________ (Name of buyer or seller) ______________________of which concern I am________________________ (Address) During that period the above-named concern has not sold, delivered, purchased, or accepted delivery of rayon grey goods at prices in excess of those established by the aforesaid Price Schedule No. 23.2 (Signature) Subscribed and sworn to before me this----------i___, day of___________________ 194_. (Notary Public) My commission expires__________________________. 1 This affirmation of compliance must be signed by the buyer or by the seller, or by a partner or officer of the buyer or seller. > In the event that any sales, purchases, or deliveries have been made at prices in excess of those established by the schedule, the text of the above should be suitably changed and a list should be appended thereto giving with respect to each such sale, purchase, or delivery, the date thereof, the name of the buyer or the seller, as the case may be, the prices paid or received, the quantity and construction of the rayon grey goods sold, purchased, or delivered, and the reasons for exceeding the maximum price. 9 Press Release August 19^1—PM 1004 Issuance of Price Schedule No. 23 Maximum prices averaging about 10 percent below recent levels are established for the most important types of rayon grey goods in Price Schedule No. 23 announced today by Leon Henderson, Administrator, Office of Price Administration and Civilian Supply. This action, plus the broadening of the cotton grey goods schedule announced Friday, extends a price ceiling over most of the primary textiles required for women’s dresses, men’s shirts, underwear, coat and suit linings, handkerchiefs, sheetings, and a multitude of other items of consumers’ goods made of cotton and rayon. “Rayon grey goods” is a term applied to cloth woven of rayon yarn and sold in an unfinished state to converters. The converters dye, print, or otherwise “finish” the goods for sale in turn to the underwear, cloak and suit, and dress-cutting trades. During the past few months prices of rayon grey goods have risen sharply. Fear of shortage in an expanding retail market has caused the apparel trades to bid up converters’ prices and the converters, in their turn, to bid up grey goods prices. The need to provide rayon yarns to mills which formerly used silk, now unavailable, has imposed an additional strain on rayon supplies and more pressure on the rayon grey goods price structure. The voluntary agreements obtained by OP ACS with leading weavers in mid-July to maintain temporarily the then-existing prices for certain standard fabrics have been adhered to by the participants. However, it was stated at that time that the prices for a number of types of rayon grey goods were considered too high. Prices of fabrics not included in these agreements have continued to increase. Sales by mills not parties to the understanding, and particularly resales, have been made at excessive prices in many cases. The need for prompt action to stabilize the market is apparent. By imposing maximum prices on rayon grey goods, OPACS has removed the main cause for higher finished-goods prices. In this connection, Mr. Henderson said his office will observe closely the price action of the finished-goods markets. Should finished-goods prices not be brought into line with the lower levels established for grey goods, appropriate action will be taken to bring about an equitable adjustment. 10 Similarly, the OPACS Administrator stated, constructions of rayon grey goods not presently covered by the schedule should assume their normal market differentials to the prices of fabrics now under the ceiling. If this does not follow, the schedule will be broadened to whatever extent necessary to establish a fair price relationship for all rayon grey goods. Variations in constructions which have the effect of an avoidance of the ceiling, should they occur, will be covered by supplements to the ceiling. Mr. Henderson emphasized that the maximum prices apply to all sales or resales of rayon grey goods included in the schedule, whether by the weaver, converter, or any other person. Second-hand sales at exorbitant prices have been one of the most disturbing features of recent markets. Some of the leading constructions covered by the new schedule, their uses, and their maximum prices follow: Linings—Viscose twill, 38-inch—112x68, 20 cents a yard; pigment taffeta, 40%-inch—92x68, 18 cents a yard. Dress goods—Spun rayon, 10-percent blend, 41-inch—66x38, 15 cents a yard; 2-ply alpaca, 48-inch—44x36, 30 cents a yard. Underwear fabrics.—Acetate satin, 42-inch—200x72, 25% cents a yard; acetate taffeta, 42-inch—180x60, 23% cents a yard; French crepe, 43%-inch—150x94, 28% cents a yard. Contracts calling for delivery of grey goods at higher than ceiling prices may not be completed except at the maximum prices or below, under the provisions of the schedule. The schedule contains a provision requiring that full details of the constructions sold be included in each contract of sale and that invoices contain similar detail or an identifying style number or symbol. Manufacturers of rayon grey goods must report monthly to OPACS on the manufacture of all constructions not covered by the schedule, where such goods were made in quantities in excess of 25,000 yards per month, and the highest prices at which such constructions were sold during the month. On or before October 10, 1941, and monthly thereafter, purchasers and sellers of rayon grey goods are required to submit affirmations of compliance, accompanied by sworn statements that during the month all such purchases or sales were made at prices in compliance with the schedule. Press Release September 17,19JU—PM 1171,. Upward Revision in Prices not Justified—Changes Considered in Reporting Requirements Increases averaging somewhat less than 4 percent in the prices of rayon yarn announced by a leading producer were made with full 11 knowledge of the Office of Price Administration, Leon Henderson, Administrator, stated today. The Office of Price Administration had previously entered objections to somewhat larger advances proposed by certain branches of the trade. The present raises are not large enough to justify any upward revision of the recently established rayon grey goods ceilings, since that schedule made allowance for moderate increases in costs. Rayon yarn prices on the other hand have not changed importantly over the past 2 years, although costs of the producers have risen during this period. “The near-capacity level of operations enjoyed for many months by yarn mills, together with the current price increase, is expected to enable producers to continue to supply the requirements of the weaving and hosiery trades without any further advances in the price of yarns. Should prices rise further, we are prepared to take immediate action,” Mr. Henderson stated. The Administrator disclosed that consideration is being given to relaxing the requirement in the rayon grey goods schedule that sellers include in sales contracts full details of construction of the fabrics. Complaints have been received from the trade that this requirement works hardship in the case of style innovators. Attention was called to a statement made by Mr. Henderson at the time the grey goods price schedule was issued in which he said it was expected that the prices of various constructions not covered by ceiling prices would fall into line with the goods included in the schedule. OPA is watching both the grey goods and finished goods markets closely, the administrator said, in order that prompt action may be taken if it becomes necessary. Press Release October 3, 1941—PM 1298 Amendment to Price Schedule No. 23—Modifying Reporting Requirements Amendment of the rayon grey goods price schedule to modify a regulation which might impose a hardship on the originators of new weaves of cloth was announced today by the Office of Price Administration. Until now, the schedule required that sales contracts contain full details of the construction of each fabric sold, whether or not covered by maximum prices. As amended, this requirement will apply only to the fabrics specifically named in the schedule. Disclosure to buyers of the make-up of new cloths in sales contracts, according to manufacturers, provided an easy means for com 12 petitors to obtain information that would permit imitation. Thus the originators would be deprived of style advantage. The amended regulations still require manufacturers to keep full records of the production, prices, and constructions of all fabrics included in the schedule, as well as to report similar information to OPA each month on fabrics not under the ceiling, if made in quantities exceeding 25,000 yards a month. These reports, it is stipulated, must be filed even though the fabrics were not sold “in the grey,” or unfinished state, but were further processed by the manufacturer. As a result of numerous inquiries, Mr. Henderson itemized the schedule’s reporting requirements in the following clarifying statement to the trade : 1. Weavers will keep full records of all transactions, of all production, and of the details of manufacture of every fabric produced. 2. Weavers will submit to OPA, on forms provided for that purpose, reports showing the volume of production and full details of manufacture of every fabric not under the ceiling, if it has been produced in quantities greater than 25,000 yards monthly. The highest prices at which such goods are sold during the month covered are to be included in the form. These prices are to cover sales both for immediate and for future delivery. Reports will be due from all producers, however, whether the goods are sold in the greige or not. Where such fabrics are not sold in the grey state, this should be indicated on the report forms instead of listing the highest selling prices. 3. Invoices on all shipments of rayon grey goods must carry a style number or symbol which identifies the fabric in such a way that it refers to the weaver’s records of the details of its manufacture. Sales contracts on fabrics covered by the ceiling must carry full details of manufacture. 13 ¡>U8HA&Yof the Office o|jpncE Administration On April 11,1941, the President issued Executive Order No. 8734,1 establishing the Office of Price Administration and Civilian Supply, which combined the Price, Consumer, and, in part, Agricultural Divisions of the National Defense Advisory Commission. On April 15. 1941, Leon Henderson, Administrator of the Office of Price Administration and Civilian Sùpply, issued an order ratifying action taken by the Price Stabilization Division prior to the Executive order of April 11, 1941. This order provided as follows : 1 . All price schedules, instructions, announcements, forms, and notices heretofore issued, promulgated, or adopted, and all committees formed, by the Advisers on Price Stabilization and Consumer Protection, members of the Advisory Commission to the Council of National Defense, or by the Price Stabilization and Consumer Divisions of the Advisory Commission to the Council of National Defense are hereby ratified, adopted, and continued in effect, until modified, terminated, or superseded, as price schedules, instructions, announcements, forms, notices, and committees, of the Office of Price Administration and Civilian Supply and the Administrator thereof. 2 . This ruling is issued under, and in execution of the purposes of, Executive Order No. 8734, issued by the President on April 11, 1941. Issued this 15th day of April 1941.2 T/mx Henderson Administrator. On August 28,1941, the President issued Executive Order No. 8875 3 which transferred the Division of Civilian Supply from the Office of Price Administration and Civilian Supply to the Office of Production Management. The title of the Office of Price Administration and Civilian Supply was changed to the Office of Price Administration. On August 30,1941, Leon Henderson issued a press release stating that all action taken by the Office of Price Administration and Civilian Supply remained in full force and effect regardless of the change of name to Office of Price Administration. The text of the release is as follows : All price schedules issued by the Office of Price Administration and Civilian Supply remain in full force and effect regardless of the change of name announced in the President’s Executive order of Thursday, Leon Henderson, Administrator of the Office of Price Administration, announced today. “The Executive order,” Mr. Henderson said, “merely provides that the title of the Office of Price Administration and Civilian Supply be changed to Office of Price Administration. It does not affect in any way the powers of the agency in regard to price control. Consequently all price ceiling schedules issued and all other action taken by this agency under the prior name remain fully effective under our new name.” * \ 1 6 F. R. 1917 No. 73, April 15,1941. 3 6 F. R. 1965 No. 74, April 16, 1941. 3 6 F. R. 4483 No. 170, August 30, 1941. * Press release, August 30,1941, PM 1059. 14 U. S. GOVERNMENT PRINTING OFFICE: 1941