In 1938 U. S. radio receiving set manufacturers sold some 7,150,000 sets, with a retail value of $225,000,000. Last week, on the application of this highly competitive industry, the Federal Trade Commission promulgated its first set of fair-trade rules. Some unfair trade practices proscribed by FTC:
1) Using the terms "All-Wave," "World-Wave," "World-Wide-Wave," to describe sets "not constructed to receive . . . with reasonable or adequate consistency, the entire spectrum of radio frequencies in recognized use in the art. ..." Lawful designation: "Limited All-Wave," etc., with the exact wave bands or frequencies clearly stated.
2) Counting as tubes for advertising purposes "dummy...