PRICES: Phase II Sale Season

U.S. consumers are about to be treated to a Phase II sale. Because some big corporations have exceeded the Price Commission's guidelines on profits, they are in the process of rolling back prices and may even be forced to make some cash refunds to their customers. Last week a number of firms either were ordered to cut some prices or voluntarily announced reductions. The companies ranged in size from Ford Motor Co., which lowered the price tag on 31 car models by $16 to $50, and F.W. Woolworth Co., which was ordered to...

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