PRICES: The Pressure Rises

"Shrimp. We have it, but it's too high. I wouldn't buy. Regular 20¢ size now 89¢."

In this ad in the Tulsa Tribune last week a merchant angrily said his say against the flood of rising food prices in the U.S. While Congress still wrangled over OPA (see NATIONAL AFFAIRS), most manufacturers held the line on prices, worried lest a sudden boost bring back OPA with a rush. But food was something else again. The Bureau of Labor Statistics gravely reported that its food index had jumped 16.1 points last week alone. And with commodity prices rising all along the line,...

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