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| MEDINA JOURNAL-REGISTER i WEDNESDAY, FEBRUARY 23, 1972 _ The Freeze Wage-Price Questions and _ Answers Internal Revenue Service f § This column of questions and answers on the President's Economic Stabilization Program is provided by the local office of the U.S. Internal Revenue Service and is published as a public service. The column answers questions most frequently asked about wages and prices. Q.! Are tuition and room and board charges exempt from price controls? A. Yes. Tuition and room and board charges for state colleges and universities and private, non-profit schools, colleges and universities are exempt from price controls. However, private institutions, operating for profit are not exempt from price controls Q. Is every price increase above 2.5 per cent a violation of stabilizatlon progr a m guidelines? A No. The basic policy of the Pnce Commission is that price mereases will not be allowed except as justified on the basis of cost increases, taking into ac- count productivity gains. Thus, many price adjustments will be below 2.5 per cent and some will be above 2.5 per cent as justified on the basis of cost increases and other factors. The 2.5 per cent figure is the goal the Price Commission is aiming at as the . average price increase across the economy. Q.. I rent out a room in my home. Is 'the rent I charge subject to cdntrol -under the economic stabilization program? A. Owner-occupied dwellings of four or less units having longer than month-to-month rental agreements are exempt from refit controls. Q. Are small service firms, such restaurants and as laundnes, (7204225 KNOWN FOR VALUES television repair shops, exempt from price controls as are retailers with sales of less than $100,000? A. No. This exemption applies only to retail firms and not small service firms. Q. Is a department, such as a jewelry counter, which operates under a concession in a large department store exempt from posting requirements if the department has less than $200,000 annual revenues even though the store itself has more than $200,000 revenues annually? A. No. A concessionaire whose parent company has an annual sales volume of less than $200,000 is subject to the: postmg requirements if the store in which it operates has an annual sales volume of more than $200,000. A concessionaire whose parent company is less than $200,000 is not subject to the posting requirements if the store in which it operates also Khas an annual sales volume of less than $200,000. A concessionaire whose parent company has an annual sales volume of more than $200,000 must post base price lists regardless of the annual sales volume of the retail establishment in which it operates. Q. Are the new Forms PC-1, PC- 50 and PC-51 now available at Internal Revenue Service of- fices? A. Yes. These forms are now available at IRS offices in many cities throughout the country. A ~ PC-50 is filed only once, to detail base period profit margin data, by any Tier I, and Tier II firms which have raised prices or desire to raise them. A PC-1 must be filed by Tier 1 firms whenever a price increase is sought. Tier II firms must file a PC-1 for the quarter in which a price increase has occurred. A PC-51 is a report ag of price increases, sales, costs, and profits and must be filed quarterly by Tier I and II firms. Q. If a state law or state phar- maceutical board or other of- ficial agency prohibits the posting of legend drug prices, what should a pharmacist or pharmacy owner do? A. The' pharmacist or phar- macy owner, like other retailers, must comply with Federal Price Commission regulations and post prices if sales total $200,000 or more. Johnson Creek JOHNSON CREEK - Dennis Robison has returned to his home at 9273 Ridge Road, Middleport, from Children's Hospital, Buf- falo, where he was a surgical patient for two weeks. The Johnson Creek Senior Citizens met today for a pot luck luncheon in the Masonic Temple, Ridge Road. CARNIVAL e ©1thELht..T.M Rog. us Pot. Off. by Dick Turner | \Oh I'll agree he's gomg to be heard from . . . but not from HERE!\ Letter From Moscow Foreigners Now Fenced by Wall The Friendship Class of the - Hartland Baptist Church will meet on Friday at 7:30 p.m. in the Herzburger Room of the church. Mr. and Mrs. Karl Metzger will be on hand to present their work with the in- ner-city Black's in Rochester. This is an openmeeting and the public is welcome to attend. The Ladies Auxiliary of the Hartland Volunteer Fire Co., Inc. are having a Money Tree shower on Sunday,Feb. 27. This is being held in the new fire hall at 8945 Ridge Road, Gasport from 2 p.m. to 4 p.m. AASSHED By GORDON F. JOSELOFF MOSCOW (UPI)-Foreigners living in one of Moscow's dozen or so apartment complexes set aside for non-Russians now have their own \Berlin Wall.\ The gray concrete structure is designed to separate the foreigners from natives in adjoining buildings. At first, Soviet authorities tried a chain-link fence, but holes soon appeared. Then they smeared black grease around the holes to discourage going through. This, too, did little good. Subway Short Cut Finally they decided on the wall and it may turn the trick. There's not much intrigue surrounding one of the busiest NOW thru Saturday While lelfed Quantities Last holes in the old fence. It's not that Russians were making secret contacts with foreigners nor were foreigners trying to | unobserved by | sneak out militiamen posted around the compound. It just happens that the hole at that location was a short cut to the nearest subway station. The U.S. amateur boxing | team recently met a Soviet in Moscow's Luzhniki | team Arena and while taking only two of the 10 fights, . the Americans managed to win over | some Russian fans. During one bout, the Russians were really pulling for the American. When the referee announced the win had gone to the Russian, the fans showed their dlsapproval by loudly whistling. Russians Liked Yanks The Russian fans were as interested in Americans outside the ring as those in it. 'When one of the Americans in the crowd yelled \that's the way, baby,\ Russians nearby pressed him to repeat what he had said in Russian so they could understand. Fifty-one Pan American stew- ardesses (plus two male airline employes) are in town for a month's study of Russian. In addition to the language, the girls are learning the ways of the Soviet secret police. Two dozen agents invaded their hotel rooms twice recently during Red Square funerals. | Their rooms in the Intourist Hotel overlook the end of Gorky Street facing the square. Agents are assxgned -there whenever there is a funeral because Soviet leaders always march in the funeral proces-. sions. Agents Untalkative The girls said most of the | | PAMPERS DISPOSABLE DAYTIME DIAPERS Box of 36 HEAD & suouwms- SHAMPOO | _ LOTION TOOTHPASTE REGULAR or MINT 11 oz. Bottle -LISTERINE ORAL ANTISEPTIC TABLETS WITH FREE DENTURE BATH HAlR SPRAY . i. REGUALR H T.H. ULTtMATE HOLD « agents were not very talkative é? SURF!“ “HE'S but a few did engage in brief | ~ - y Shrinkage controlled cotton knit conversation Shap\ . 1“; 22 Assorted stripes; sizes S-M-L mg,“ eheglglla sailfizg e, her agent‘ A\ E, fin don: lox price G ''Kennedy, Kennedy,\ he re- J (ez, in ont cum kai cold anpec h anes ton $$.\ plied, making a gesture as if \ thins > me ott yr shooting a rifle out the window. g?“ Another girl asked an agent f what he did for a living. ¢ \I am a student,\ he replied P in heavily accented English. ° ''What are you studying?\ she asked. He thought for a moment, frowned and motioned toward an English-Russian dictionary S on the table. Soon a smile FLARE PANTS appeared. He had found his answer. , Tubtfast cotton gaobardine - \A spy,\ he said. Nentest go-with solids; 8 to 16 Price break-through ..another Grant great value-buy! + Fashion's new fling... the swingy 6-button front cotton gnbafszhfarh :osm:u-ll wtozlfonabjcfl 1:11 I llow: -% 1 How _‘ ow price grab a couple in differ teams.“ 2, [& ___| children 311mm - a€.. | 7 HURRY IN.. \:x Frey peps hi f a couple hm : WHILE | No more than they really qUaANnTITIES LAST! want. And that takes ’ planning. . 7 > 38 Which is what we're 3 cy all about. A wor Qflfi' EP ONI <3 __ Wii omen out ___ SEAMLESS SHEER V z $3 ~ ' - - aa NUDE HEEL PaNTyHosE \R; BO YOU WAVE A \' J enant carpit accevit? - to Gently shaped ' mks ol o oue o ank, sora sales. special ovefi‘llfi g; avon Top shades Sve Isgto’.;fi l‘ i J | ASK ANY SALESPERSON 55:7 > nen, gos nay * * #00 a.m. to 9:00 p.m. , Sunday - Closed Children bychonce Maple R'dge ”oz“! Not char -__ Maple Ridge Plaza - Maple Ridge Rd., Medina, Y mrs. ___ Maple Ridge Plaza - Maple Ridge Rd., Medina, N. 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