The U.S. last week nervously witnessed the first post-OPA skirmish between supply & demand. It started briskly. The New York Journal of Commerce commodity index rose 8.9 points to a new high of 129.1. But there was relatively little scrambling for merchandise by retailers, consumers and wholesalers. The market seemed not so much free as bewildered. In general, businessmen waited to see whether OPA was really dead (see NATIONAL AFFAIRS).
Dead or not, the spotty rises in the prices of basic materials and commodities were helping erect a tombstone over OPA. It would be hard, if not impossible, to roll...
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