Word: cpa
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After balancing the good news and the bad, CPA Administrator John D. Small this week found little to cheer about in U.S. industrial production in September. His discouraging conclusions: 1) September production was no higher than August; 2) there will be no important increases in production for the rest of this year...
...lack of progress in breaking some of the worst bottlenecks. Item: freight-car output had slipped 15%. Fractional horsepower motors were being turned out at record speed. But the backlog of unfilled orders was still equal to 21 months' production. As for the steel shortage, CPA said with exaggerated pessimism: demand will exceed supply "for several years...
...seemed to be wearing daring and glamorous undercostumes during that unregimented postwar era. There were gay primary colors and the whole gamut of pastels. There were novel shapes and patterns. Lace had a place; there were ruffles and embroidery. But that was before the OPA, the WPB and the CPA...
...hemline could no longer be held. With wartime controls on industry falling away like autumn leaves (see The Economy), CPA last week turned women's fashions back to free enterprise. It killed order L-85, the wartime measure which restricted the use of materials in dresses and women's coats. CPA's action came in the nick of time. Retailers already had on hand hundreds of thousands of fall and winter garments mistakenly and illegally made in disregard of L-85. Now retailers, who had faced losses in the millions, could sell the clothing. But the full...
...CPA replied (in a form letter): "Before we can be of assistance to you, we will need more explicit details...