With prices popping around him like popcorn in a fire, busy Leon Henderson last week:

> Put a ceiling on hides of 15¢ a lb., 2¢ below recent highs.

> Stabilized quotations on several paperboard products.

> Started an investigation of silk prices.

> Asked Standard Oil of Ohio to postpone a proposed ½¢-a-gal. rise in Diesel, tractor and furnace oil prices.

> Asked Ford, Studebaker, Chrysler, Nash and Hudson, who raised prices $10 to $53 a car last fortnight, to rescind their decision. He scolded them for not consulting him first.

It was possible this...