Full text of Mimeograph Letters and Statements of the Board : Telegram From Asst. Secretary Bethea re Slip Covers, Included Under Section 15(a), Group A, Item 7 as "Draperies", Number S-503, Volume 56, Page 257

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25?

TELEGRAMS
(Addressed to the Presidents of all Federal Reserve
Banks)
S-503
Ju.'1e

3, 1942

Both custom-made and ready-made slip covers
are included under section 13(a), Group A, Item 7 as

.,

"draperies".

Since custom-made slip covers include

"yard goods", they are also included under Item 41.
Cash price of custom-made slip cover would be the cost
to customer of finished product.

..

(Signed)

L. P. Bethea

S-504
June 3, 1942

For the purposes of section 5(c) of Regula-

...

tion W, the sale of such unlisted articles as water,
gas and electricity sold by utility companies is con-

•

sidered to take place on the date on which the meter
is read.
(Signed)




L. P. Bethea