The city or town council has power to:
(1) provide for and regulate the inspection of flour, meal, and all provisions and oils;
(2) regulate the inspection of milk, water, butter, lard, and other provisions;
(3) except as provided in 50-50-126, regulate the vending of meat, poultry, fish, game, and vegetables; and
(4) restrain and punish the forestalling of provisions.