C R Chalkley
To Merchants C. R. Ghalkley, Federal Reserve Bank of mond. Speaks To Merchants Here. Lumberton.merchants and businessmen businessmen of adjoining towns met here last night at the court i to hear C. R. Chalkley of the 'era! Reserve Bank of Richmond --discuss Regulation W and retail credit. Mr. Chalkley opened his talk [summarizing the acts of congress ', on retail credit, Regulation W, I price ceilings. Following his dis- ' cussiori on the rulings, Mr. Chalkley 'called for questions coricern- | ing Regulation W and retail j A humber of questions brought 1 out that in a farming section ' merchant may issue credit person, who obtains 75 percent more of his income from one and that person's account will be in default until the 10th day the following month in which t ordinarily receives the majority j h i s income. ' '