Corpus Christi Caller-Times from Corpus Christi, Texas • 8

8A CX)RPUS CHRISTI CALLER Wed Aug 18 1971 MEAT PRICES WILL REMAIN AT PRESENT LEVEL Total Effect on Living Costs Uncertain WASHINGTON (AP) Hie man in charge of measuring living costs every month is as uncertain as most about how President people cans spend that proportion of their budget to feed their families property taxes make up nearly one-third of the over-all 33 per cent weight of housing the effect of the price freeze-except for the uncertainty over which are subject to the freeze and which are not (The provisions shall not apply to the prices charged for raw agricultural products" Nixon said Sunday night in announcing the 90-day freeze on prices wages and rents freeze and I know the status of such things as local property taxes and license fees" Popkin said Food prices are most sub-feet to sharp price fluctuations at both wholesale and retail levels depending on crop weather and market conditions They could be the first to show One thing appears certain the price freeze will not reduce the current 45 per cent annual rise in inflation to zero during the next few months although it could slow the rise of all mortgage interest rates are not subject to the freeze although the administration asked for a voluntary such items as German Volks-wagens Japanese television and radio sets and other foreign-made goods in its monthly price checks Popkin said But he said if Congress grants request to lower excise taxes on American cars that could bring living costs down 11 per cent and health and recreation with a combined 20 per cent The latest monthly report showed the index climbed six-tenths of one per cent in June sharpest rise in 15 months Nixon's special 10-per-cent tax surcharge on foreign im-could push up living costs use the bureau includes cessed would be allowed to rise in pice at the grocery store think it means that fresh carrots are exempt but not canned carrot juice" Popkin said in an interview The questions are Important because food makes up about 22 per cent of the weight of the price index meaning Ameri wage-price freeze will family budget Other major items in the living costs index are transportation which accounts for about 14 per cent of the family budget clothing approximately FOR affect the tax assessor was around to my house last week I know what he has in mind but I know whether they can raise my property taxes under the freeze" said Dr Joel Popkin assistant commissioner of the Bureau of Labor Statistics Job is supervising the monthly Consumer Price Index that measures typical family living costs Other government officials indicated that property taxes apparently are not frozen and coukl be raised during the 90-day freeze but the Treasury Department said it still is to be decided whether state sales taxes would be included But an even bigger uncertainty is whether exemption of raw agricultural products applies just at the farm or also at the supermarket Treasury spokesmen said meat prices are subject to the freeze because meat is processed at the packinghouse but that a decision remained for Nixon's newly appointed Cost of living Council on whether such Items as raw fruits and vegetables which are not pro- SEAMLESS PANTY HOSE viTCovb Gins 2-PC HOT PANTS SET Acrylic bonded to acetate Drew hot pants Plaids solids 4 to 12 BOVS' WEAR lit Qualftyl 15 denier teg denier top Reinforced toe nude heel Nylon Beige Taupe Spice Coffee Fits S' to 57" Toaaiota ledlwf UnewteDepr Retroactive Excise Tax Repeal Eyed WASHINGTON (AP) President proposed legislation for repeal of the seven per cent excise tax on new cars may include a provision tor refunds of the tax to automobile buyers retroactively to Aug 15 a Treasury Department spokesman disclosed Tuesday It is the the spokesman said that the refund would apply to any purchases made between the time of economic address to the nation and the date on which the repeal provision becomes law Nixon said he would insist that the seven per cent saving be passed on to consumers and there has been some speculation that this might cause pros-five purchasers to postpone Rare leg Pants: Ant fancy patterns 6 to 12 Nylon Kelt Shiites Short sleeve Ant colon 4-16 Sport Shlrtst Permanent Pres AsA print 8 to IS SWEATERS! SKIRTS! SLACKS 9 BOYS' SHIRT AND TIE SET OR DRESS AND SPORT WHITS tach YOUR CHOICE a buying until Congress on the repeal EACH is obliged try law to collect the tax until it on long sleeve sfftch Lace neck 4 1 12 Skirttt A-line pleated jmmou ImsmaJ a tv OWVI QCIRff BONN VO acetate Asst colon 7-14 Stretch Slacks Fancy ride lobs Nylon Asst colors Sizes 7 to 14 FASHION Shirt and Tie Sets Permanent Pnadrirt 8 to 18 Sport and Drew Panto: Also dungane 6 to Id I Cotton dresses A-tlne peasant styles I Asst fashion prints plaid solids Sizos3tol4 Krlnkle Patents Single double handle shoulder strap Ah' shape lizei Black Antique Brown Goldin Tat Combination repealed the spokesman said But file Treasury will consent to legislation under which the tax would be refunded to any automobile dealer who certifies the purchaser when and if the repeal provision is enacted The repeal would mean a price cut of about $200 on the average car Our Everyday Pike 899 4-14 SLIPS 6-14 NYLON TRICOT SHIRTS DHLS1 NYLON STRETCH TOPS Loftg ilssve mode turtle neck Amortod colon Sim 4 to 14 Assorted slylePer nt Press! White piWtyl 4-14 COTTON T-SHIRTS Oof Everyday Price 129 100 Colton Interlock Whit 4-14 COTTON BRIEFS CRINKLE PATENT STRIP TIE 3 manmade uppen clean! Bread strap 10 Brown 2-button cuff Tap and and tails long collar Asst stripe Sizes 6 to 16 Wet look wipe SizesSto ShooDpt Nixon Move Delays Hike In Mail Fees WASHINGTON (AP) President wage-price freeze will delay the Increase In third class mail rates scheduled for Sept 15 a Treasury Department spokesman reported Tuesday The US Postal Service had announced that the full Increase in rates for adverttsling circulars catalogs and originally planned to be made effective over a period of years-would take effect In mid-September of congressional cuts In the postal budget But the spokesman said an has been mode to delay the Increase estimated to represent about $200 million in mail outlays by business firms until expiration of the 90-day freeze on Nov 12 Our Everyday Price 499 JR DUNGAREES SPORT SLACKS 4-16 NYLON KNIT SHIRTS STRETCH SLACKS Slades: Flare leg Nylon Arsl color Sizes 9 to 24 mo Tape Long sleeve Zip front Stripe 928 mo fl Our Everyday Price 119 100 cotton interlock knit brief Whit Dungarees: Denim and Twill Colton SizesStoR Slacks: Twills and poplin flam 3 to 8 Short sleeve hi-crew stock Assorted colon 2-TONE CRINKLE OXFORD Man made crinkle pattern upper Oblique toe perfect Mm Black and Brawn 2- ton Size Stt to 3 Our Everyday Price 499 4-16 SWEATERS OR CORDUROY PANTS 6-11 KNEE-HI SOCKS JR SPORT SHIRTS 7-14 PANTY HOSE snnunicisic ROOMATE ALARM loch Sweaters: Sold and fancy canlgan nock crew teitknock pullover Aery! Assorted colon Pant! Permanent Press cotton corduroy Patch pocket color 59c Each Stretch Nylon Assorted color 59c Each Nylon stretch mesh Asserted color sleeve Permanent slays In collar Woven Gingham stripe fande Sizes 3 to 8 BRIGHT SPOT Residential Dwellings Increased WASHINGTON (AP) Private housing starts set a record In July when residential building reached an annual rate of 2218000 dwelling units the Commerce Department reported Tuesday The seasonally adjusted monthly total was 10 per cent above the June housing output and 38 per cent higher than July a year ago Housing thus continued to be the bright spot in an otherwise drab economic picture output of economic indicators disclosed a drop of eight tenths of me per cent In industrial production in July along with announcement that the second-quarter balance of payments deficit was the largest on record Glowing dial and hand Distinctive styling A valuel Jswalry Dip SHOP DAILY 10:00 IOeOO PM Closed Sundays 4222 SOUTH STAPUS-COOPUS CHRISTI ACRESlO FAF AP A fsj A.