Show GIVE BUYING POLICY See No Reason to Purchase Beyond Current Requirements The following suggestions as to a purchasing policy for various imp important imor- imor or tant commodities are arc contained in a current bulletin of the Standard Statistics Statistic company Brick Coverage BrIck Coverage of current needs only Is advised Butter Commitments Butter Commitments should be confined to near term requirements Cement Cement Cement-A A mouth hand purchasing purchasing purchasing pur pur- chasing policy is advised Cheese Cheese No No present incentive is seen for the purchase of other than immediate requirements Coal anthracite Other anthracite Other than hand hand- to-mouth to purchasing is not warranted warranted warranted war war- ranted now Cocoa Cocoa Accumulation Accumulation of at least si six sic months requirements is advocated advocat advocat- ed in the event of or recurring weak markets Coffee Coffee Advantage Advantage should be t taken taken tak tak- ken k- k en of possible weak markets to protect protect pro pro- three or four months' months needs Copper Coverage Copper Coverage of industrial needs should be limited to the initial half of the year Jear Corn Future Corn Future contracting should be limited to near near-by requirements Cotton Cotton Consumers Consumers who have followed fol- fol fol followed ol lowed previous recommendations are amply protected on term near re reo re- re Further cover coverage ge should be delayed for or the present Eggs Purchases Eggs Purchases should be made for term near requirements only Flour Protection of several months' months requirements would be warranted warranted warranted war war- ranted on any well defined recessions recessions reces reces- I from present price levels Gasoline Gasoline No No more than comfortable comfortable comfortable comfort comfort- able coverage of term near needs is advised Hides Prevailing Hides Prevailing low prices provide provide pro pro- vide a favorable opportunity to complete complete com corn coverage of ot requirements forat for forat at least the next six months Hogs Hogs Hogs-A A gradual extension of of present holdings Is justified although heavy accumulation is not recommended mended Lard Lard Forward contracting is advised advised ad ad- only In the event of well well-de j fined recessions from rom current levels j Lead Lead Coverage Coverage of requirements through the second quarter of this I year Jear should be completed j Lubricating oil Coverage oil Coverage of requirements re re- re for the next month or two I Ionly only is advised Lumber Only Lumber Only immediate requirements requirements requirements require require- I ments need be covered at this time Paper Paper Only Only known m term near re requirements requirements requirements re- re need be covered Rayon cellulose acetate acetate acetate-A A hand hand- mouth to-mouth buying policy is advisable Rayon viscose No more than near term near term requirements should be covered Rubber Rubber Coverage Coverage of about three months' months requirements around 4 cents a pound is advised of near near- Scrap steel steel Coverage Coverage term requirements is warranted at this time Silk Silk Silk-No No more than comfortable coverage of or near term near term requirements should be made Silver Silver Current Current prices warrant accumulation accumulation ac ac- ac of six months' months require require- ments Steel Steel Only Only immediate requirements require require- ments meats for most products should be I filled since the general price structure structure ture is still unsettled Sugar Sugar Only Only rea reasonable term near nea erm I requirements should be DC covered covered- Wheat Wheat Covering Covering several months' months requirements at lower prices has been previously advised Addition Additional al commitments are not warranted at current advanced levels Wool Wool Buying Buying should be limited to term near needs Zinc Zinc Completion Completion of purchases for industrial needs through the second secondI I quarter of the year Is advised |