PRICES: The MPR-330 Battle

The $57,000,000 W. T. Grant Co., with 492 retail stores in 40 states, last week began a fight to the finish against a seven-month-old OPA regulation that has the whole dress business in an uproar. Grant, with eight other large retailers,* is faced with court action for violation of OPA's regulation MPR-330.

The Regulation. MPR-330 provides that no seller of women's and children's coats, suits and dresses may carry a higher price level than his top line in a 1942 base period (usually March). The praiseworthy purpose: to keep low-priced goods of any kind in circulation. This blinks the unhappy fact...

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