Tallahassee Democrat from Tallahassee, Florida • Page 23

3EBSE mart purchases J.M. Fields store By ALLAN GOLD DanMcrat butlmu wrltw The mart Corp. has purchased the vacant J.M. 'Fields department store at the corner of North Monroe and Tharpe streets and plans to open a mart store on the site. mart spokeswoman Barbara Gates said Friday that the company's offer for the vacant store, the Pantry Pride supermarket and surrounding land was the winning bid for the property.

mart's offer was made to the former owners, The Second Realmart Inc. of New York, J.M. Fields Inc. and Food Fair under the supervision of the U.S. District Court in New York.

Since October 1978, Food Fair has been operating under the protection of a federal bankruptcy judge. The company's J.M. Fields stores were closed last year. Under the agreement between mart and the former owners, the department store chain will lease back Pantry Pride's space to Food Fair for about $50,000 a year. Ms.

Gates said mart would refurbish the J.M. Fields building, but did not know when the new department store would be ready to open. The entire shopping center property is 823,284 square feet. mart now operates two stores in Tallahassee. AP rnnetr i infirm rrntlni lao imernaxionai Airport is scneauled to be complete in UUIISII UUIIUII UUIILIIIUUb September.

When the complex is finished it will be The main terminal building at Atlanta's Hartsfield able to handle 70 million passengers per year. Tire company recalls radials WASHINGTON (UPI) The Transportation Department Friday announced Uniroyal Tire Co. is recalling an estimated 2 million steel-belted radial tires, the second largest tire recall in history. Uniroyal's decision to recall the passenger car tires and exchange them for new ones came after -the National Highway Traffic Safety Administration made an i i i a 1 determination that some tires made by the firm contain a safety-related defect, The recall folldws an investigation of nearly 13,000 failed tires and includes a number of brands made by Uniroyal, the safety administration said. It covers more than 1 .3 million of the company's "Zeta 40 PR6" and "TPC PR6" tires, size LR78-15, produced in 1975 and 1976, and tires made for other companies which are essentially the same as the two Uniroyal types.

The Firestone Tire and Rubber Co. began the largest such recall ever in 1978. That involved an estimated 10 million Firestone 500 steel-belted radial tires. Traffic safety administration chief Joan Claybrook said owners of the Original equipment Uniroyal tires will receive notification letters based on automobile registration records. But she emphasized it is not necessary to receive a notification letter in order to exchange the recalled tires for new ones.

The private and allied brands include Diplomat Steel Belted Radial, Gillette Steel Belted Radial, Peerless Steel Belted Radial, Fisk Steel Belted Radial, Delta Radial Delta Victorian Radial and Radial II, Delta Durasteel Radial, mart's KM Radial and Mark Steel Belted Radial. Also Sonic Steel Radual Dual Steel Belts, Exxon Steel Belted Radial 78, Traveller Radial Dual Steel Belt and Big Big Steel Radial II. Uniroyal's commitment to recall culminates a safety defect investigation begun last May by the safety administration. In its investigation of the PR5 and PR6 tires, the administration analyzed reports of 12,856 failed tires from 5,455 consumers and said it had reports of 386 accidents and 96 injuries associated' with the tire lines. "It is clear," Mrs.

Claybrook said, "that the tires being recalled by Uniroyal have experienced an unacceptable, rate of failure and a large number of these failures involved separations of the tire's tread and belts, which can be verv dangerous." A Uniroyal spokesman said in New York, "While, in our judgment, no injuries or major property damage had resulted from any defects in these tires and none had been proven Uniroyal is taking this course of action tcalle-viate consumer concern and avoid the costs of continued proceedings with the National Highway Traffic Safety Administration." The spokesman said consumers were being notified by mail of the recall, which he said would cost the company less than $5 million. The company said consumers seeking information could call Uniroyal toll free at 800-521-6240. Supermarket price freeze will do little to halt inflation We core pleased to announce that A. GARY GRIFFIN- is now associated with us as an Investment Broker cause of inflation right now. They have been rising steadily, but at a slower rate than prices in general.

The Consumer Price Index shows that the price of food purchased in grocery stores for home consumption in 1979 rose 9.5 percent, compared to a 13.3 percent boost in all consumer prices. The Producer Price Index released by the Labor Department Friday showed that wholesale food prices dropped a half a percent in Feburary following an eight-tenths of a percent decrease in January. Retail grocery prices declined by a tenth of a percent in January. Some industry officials, who asked not to be identified, were skeptical of the program. "There's no question it's political grandstanding," said one official.

"There is little justification for it (but) I guess the administration has got to show some performance somewhere," said another source. Several supermarket chains, including Jewel a major Midwestern operation, said Friday they were not familiar with Peterson's request. Others said they had not made any decisions. NEW YORK (AP) The selective price freezes announced by several supermarket chains Thursday will give consumers little relief from rising food bills. The freezes will not provide any longterm cure for inflation.

"I'm hopeful," said Sandra Willett of the National Consumers League. "But there are a couple of What will happen to the prices of items that aren't included in the freeze, Ms. Willett wondered aloud. And how will supermarkets cope with price increases by their suppliers? Esther Peterson, President Carter's special adviser for consumer affairs, asked major food stores earlier this week to set a voluntary ceiling on some prices. Several chains, including Safeway Stores the Great Atlantic Pacific Tea Co.

Giant Foods and Fisher Foods Inc. agreed. The freezes, however, affect only a few hundred of the nearly 10,000 items in the average supermarket. The freezes last for only a limited time period mainly involve private-label and no-frills items, which already are cheaper than the national brands. In addition, food prices are not the major Established 1887 Members New York Stock Exchange, inc.

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No such advance notes has been required previously and the Civil Aeronautics Board announcement was another step in President Carter's intention to punish the Kremlin for invading and occupying Afghanistan. In January, the CAB restricted Aeroflot to only two scheduled round-trip weekly flights between Moscow and New York-Washington. Judge upholds boycott ALBANY, N.Y. A federal judge has refused to halt a month-long boycott by longshoremen in Albany who refuse to load grain bound for the Soviet Union. U.S.

District Judge Neal McCurn in Syracuse said the contract of Local 1294 of the International Longshoremen's Association does not prohibit strikes or job actions except when arbitrations are pending. Other federal judges have ordered workers in Jacksonville and New Orleans to load ships with grain for the Soviets, citing contracts with no-strike provisions. Gold price falls sharply LONDON Gold prices dipped sharply on European markets Friday, while the dollar was mostly steady to very slightly lower on currency exchanges. In London, the afternoon gold fixing was $609.00 a troy ounce, off $17.00. In Frankfurt, the price was $604.53, off $31.47.

London silver prices fell to $32.75 per troy ounce, down from $35.25. In Tokyo, the dollar closed at 248.675 yen, up from 247.65 yen Thursday. The British pound eased in London to 2.2280 dollars at mid-morning, compared to 2.2330 dollars late Thursday. Legislators warn Japan WASHINGTON A group of congressmen warned Friday if Japan does not voluntarily cut back auto exports to the United States, "a wave of protectionism will sweep across this country" and damage both nations. They suggested legislation clamping tough import quotas on Japanese cars unless a substantial number are built in the United States with American parts.

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