Record Prize War Continues But Merchants Predict End

Amid charges of "unsound business policy," the price war on phonograph records entered its second week in the Harvard Square area.

O. F. Humphreys, owner of Briggs and Briggs, charged the drastic reductions were unwise. "In any line," Humpherys said, "you can't sell merchandise for what you pay for it." On the other hand, John H. Waugh, manager of Minute Man Radio Co., has defended the new price decreases as wise in its policy, and has slashed prices at his store up to 40 percent.

Humpherys and Waugh agreed that the volume of business has risen greatly. Both were also sure that the price war would end soon.