Price Rises By Factories On Increase
After months of trying, the nation's manufacturing companies, in a growing number of cases, are managing to increase the prices of some of their products, although rarely by as much as they would like. The reports of price increases were much more frequent at the winter meeting of the National Association of Manufacturers, which ended today, than they had been at the fall meeting, in September. In many cases, the manufacturers passed along their higher costs for materials. But strong demand in a robust economy made the price increases possible, and the manufacturers expressed concern that the Federal Reserve, by raising interest rates, might kill off the demand.
