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December 05, 1975 - Image 12

Resource type:
Text
Publication:
Michigan Daily, 1975-12-05

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rage Twelve

THE MICHIGAN DAILY

Friday, December 5, 1975

. eTwle H.MCIGNDAL

Graduation
Announcements
for
} GRADUATiNG
ARE SENIORS
}A RE NOW ON SALE,,
5 for $1.00 - LIMITED SUPPLY AVAILABLE
Information Desk, Main Lobby L.S.A. Bldg.

Buffalo
burgers:
New fad?
L'ANSE (UPI)-The 700 mem-
ber of the Ojibwa Indian tribe
is trying to establish a domes- I
ticated buffalo herd to provide
itself with a new source of in-
come-buffalo burgers.
The tribe,'part of the Kewee-
naw Indian Community, started:
the projectin1972 when it wasi
given 13 head by a Stanwood
farmer who had 40 head.
A spokesperson said the In-
dians foresee a marketing pro-
gram operated by the tribe that
I will sell buffalo burgers and
steaks to area residents and
Tha tiba l~n tdjva itc

Economic outlook improves
as wholesale prices stabilize

WASHINGTON (P)-The gov-
ernment reported yesterday that
prices were unchanged at the
wholesale level in November,
softening some of the inflation-
ary pressure which had plagued
the economy this fall.
The nation's major retail
stores, meanwhile, reported that
growing consumer confidence in
the economy and some early
Christmas shopping boosted No-
vember sales.
THE LABOR Department said
lower prices for farm products
and anincrease in industrial
goods and commodities left the

after four consecutive monthsI
of increase in wholesale prices,
including an October jump of
1.8 per cent, which was thef
largest of the year. For the
three months ended in October,
wholesale prices had jumped at
an annual rate of 13.5 per cent,
compared to a six-tenths of one
per cent annual rate of increase
this spring.
The report l e f t wholesale
prices 3.7 per cent ahead of
where they were a year ago in
November. And that marked the
smallest rise over such a pe-
riod since prices showed the
same increase for the 12 months

shoppers can e x p e c t lower and 14 per cent from the week
prices for fresh and dried vege- a year ago.
tables, pork, fish and grain pro- The department said that last
ducts in the months ahead, with week's gain exceeded the 12 per
smaller increases in prices for cent average increase in the
poultry and beef. Prices for four prior weeks.
manufactured animal feeds and At F.W. Woolworth Co., No-
meats were also down, indicat- vember sales rose 13.3 per cent
ing less pressure on farmers to over last year. The company
raise their prices. said sales were notably higher
In New York, Robert Deward, for such items as toys, sporting
n N Y RK Ca goods, small home appliances,
chairman of S.S. Kresge Co., calculators and Christmas gift
said: "Confirmation of improv- wrpins
ing confidence is the pickup in wrappigs.
sales of such items as color SEVERAL companies noted
televisions, larger toys and elec- that unusually warm weather
tronic calculators." November delayed sales of such seasonal
sales for Kresge were 22.5 per items as snow tires, anti-freeze

icn eaiw hele price index for o- ended in Apri, 1972. A yea
- piceiiruyer cent higher than they were in adwnter clothing.
herd of the shaggy creatures to vember unchanged after adjust- ago, wholesale prices were 23.5 the same month last year. "The weather tur
31 by next fall. ment for seasonal factors. . per cent ahead of where they Retailers say Christmas shop- able in the third w
* Bartholomew G o s n o 1 d, an G.ping generally begins just after vember and we experi
English explorer, visited the tioned that the November stabil- nThe statistics do not translate Thanksgiving Day and Kresge b-di
Massachusetts area in 1602. ization is better than what can directly into the over-all rate of notes "very strong improve- last week of the mo
be expected i the months inflation consumers can expect ments" in sales on the Friday Arthur M. Wood, ch
ahead. in the months ahead. But trends and Saturday following the holi- Sears, Roebuck & C
CHARING CROSS But "any way that you look in wholesale prices do gradually day this year. Nov. 29 rhe 6.ver
BOOKSHOP at it, I think it's good news," work their way up to the con- Nov. 29 rose 6.7 per
s a i d Commerce Department sumer level and represent the THE DEPARTMENT of Com- "This is strong evi
UseL FieadSlrl Books economist James Pate of the basic inflationary pressures per- merce said that retail sales last retailers will enjoy
316STATE-994- November report. colating through the economy. week increased by one half a breaking Christmas s
~~~Open Mon.-Fri. 1 1-9, we nrae yoehlfabekn hita
""Sat. 10-6 THE STABILIZATION came THE REPORT indicated that per cent from the previous week Wood said.
A House approve
GIVE YOUR PLANTS DEC!RATE YDEC'RATE tax cut extensi(
SOME TENDER LOVING CARE
WITH OUR BEAUTIFUL ACCESSORIES! _t Zr(otnetrmPaet 1,0 fajse
WT UREU FLCEEandMeans Committee which come, who paid $2,5
A - A CHARMING FROG PLANTERWS developed the bill, called the in 1974 and $2,456 in
FOR INDOOR OR OUTDOOR USE. WEEKEND SPECIAL passage "a victory for both the pay $2,276 in 1976; a
taxpayer and the U. S. treas- 0 A married coupl
14.50TL ury.' dependents and $17,5
B - WILL TEND YOUR PLANTS IN STYLE Hemaintained that the bill is gross income, who
DAINTY 5 PIECE SET IS WHITE C a not "an option for political in 1974 and $2,036 in
PORCAINTY C WIT VIO T DESIGN. ONishowdown, but rather a demand pay $1,925 in 1976.
PORCELAIN WITH VIOLET DESNREUEST of eonomic recovery." As approved yess
9.50 O N IZ ,U O E US If no tax bill has been ap- bill includes an ass
C -8" STONEWARE HANGING PLANTER OFFER ONLY GOOD THIS WEEKEND, DEC. 5,6, & 7 proved by Jan. 1, tax rates'changes in the nat
HA " TND-T RHRWNPLN.CMSW TETSR .would automatically jump back, tax law.
IS HAND-TH ROWN COMES WITH ITS up to 1974 levels, resulting in There are increase
OWN MACRAM ED JUTE HANGER. I ┬░WE ARE PIZZA PEOPLE PERIOD. increased withholding from pay- tax levels to attack
20.00MU checks. perts term shelte
Economic experts have said which some wealthy
LARGE SELECTION OF PLANTERS AND PLANT ACCESSORIES .tGet the Yuletide spiritI his could slow the economic cape paying the full
Get he uleidespiit!recovery. their income.
As approved yesterday, the Many of the tax c
measure would mean these indi- tures in the measu
vidual tax payments for some trate on new or exte
typical taxpayers with normal fits for lower or mid
deductions of 17 per cent of persons such as wo
income: ents with babysittin
GEORGDt~ETOWN A unmarried taxpayer with older persons on fixe
N. CAMPUS C. CAMPUS GE W$17,500 of adjusted gross in- The House refuse
OPEN EVENINGS MON. THRU FRI.'TILL 9- MALLcome who paid $3,145 in taxes an amendment whic
769-5511 761-1111 under the 1974 law and $3,115 Iy would have raise
971-5555 last year would pay $2,905 ini i taxe oer
L ,js 1976 years on some real e
_ * A married couple withi actions.
JUST IN TIME FOR THE HOLIDAYS
WE'RE HAVING A...
*ALL NEW BOOKS 20% OFF PUBLISHER'S RETAIL LIST PRICE
(except, this does not include: medical, dental, law, & other hardcover course books; nor used books.)
WALSO, 1976 CALENDARS ON SALE, TOO -2/ OFF LIST
FAR
Including current bestsellers such as:
THE QULAGARCHIPELAGO TWO. Aleksandr Solzhenitsyn " THE SCREENING OF THE AVERAGE WOMAN. David Hapgood "*Y
THE PSYCHOLOGY OF CONSCIOUSNESS. Robert E. Ornstein. (new paper price $1.95, S A L E PRICE $1.55) " GENETIC FIX.
Amitai Etzioni " THE TM ROCK. Denise Denniston " BLOOD SPORT. Robert F. Jones.
aboxed sets
Such as:

ned favor-
ek of No-
enced dou-
es for the
nth," said
airman of
o., whose
eks ending
cent.
dence that
a record
e as on,"
S
)n
gross in-
16 in taxes
1975 would
nd
e with two
00 adjusted
paid $2,156
1975 would
erday the
ortment of
ion's basic
s in some
what ex-
rs, under
persons es-
amount on
utting fea-
re concen-
nded bene-
dle income
rking par-
g bills and
d incomes.
d to adopt
h reported-
d $2.2 bi-
he next six
:state trans-
CO
M
a

Rollo May. THE COURAGE TO CREATE. .... list $7.95 SALE: $6.35 BLAUHGAN (3 titles).. . ................. list $7.95 SALE: $6.35
Erica Jong. LOVEROOT.................. list $4.95 SALE: $3.95 CASTANEDA (4 titles).................... list $11.95 SALE: $9.55
Lynn Z. Bloom. THE NEW BURROUGHS (4 titles) . .................. list $5.00 SALE: $4.00
ASSERTIVE WOMAN. ...........:...list $7.95 SALE: $6.35 VONNEGUT (5 titles)..................list $5.95 SALE: $4.75
Agatha Christie. CURTAIN. ...............list $7.95 SALE: $6.35 SOLZHENITSYN (4titles) .................... list $6.50 SALE:$5.20
~ ilC. Malone. STARS OF STAR ETK (4 titles) .... ....... ..... list $65. SALE:$4.00
COUNTRY MUSIC.............. list $10.00 SALE: $8.00 STAR TREK (4 titles) . .. . list $5.00 SALE: $4.00
Fleming & Fleming. THE FIRST TIME....... list $7.95 SALE: $6.35 WINNIE-THE-POOH (4 titles, hardcovers) . list $14.50 SALE: $11.60

J
a
tt, 1

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