Ironwood Daily Globe from Ironwood, Michigan on June 17, 1965 · Page 12
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Ironwood Daily Globe from Ironwood, Michigan · Page 12

Ironwood, Michigan
Issue Date:
Thursday, June 17, 1965
Page 12
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TWHVf IRONWOOD DAILY GLOBE, IRONWOOD, MICHIGAN THURSDAY, JUNE 17,1965. II . Berry's World Business Mirror By SAM DAWSON NEW YORK (AP) — Two weeks from today the government is set to give many of you a lift where it counts — in your pocketbook. Washington hopes this will go a long way toward offsetting or even blocking the general economic slowdown that stock traders and others have been fearing. For some the increased income will come as a boost in Social Security benefits, with a lump sum due shortly to make the larger old age payments effective from the first of this year. The total will be around $1.5 billion this year. For many others the lift will come in a cut in federal excise taxes on a wide list of goods and services. The windfall totals around $5 billion a year for consumers and manufacturers, a o a For the military there is a pay boost in the making. And this year you are getting the benefit of the second stage of the cut in personal income tax rates. The money withheld from your paycheck isn't affected because this was cut the entire amount last year. But in figuring what's due the Internal Revenue Service, you'll be using lower tax rates for the same income bracket. Your personal income this year should be affected by one or more of these measures —whether it will be larger payments by the government or smaller tax collections. But the government expects that people will respond to the increased money in their pocketbooks, or the lower prices on goods and services freed of excise taxes, by spending more. marvelous mixer! great straight! FRESH approach to refreshment Copyright 1965, Tht Squirt Company BAIMA BEVERAGE CO., INC. IRONWOOD ft HURLEY In turn, this spending can ripple out through the economy. Example: If lower prices on cars because of reduced taxes leads more persons to buy them, then the car makers will be producing more, buying more from their suppliers, hiring more workmen. And all those benefiting from this will also be getting more money — and will be expected to spend more. a a a This is counted on to give the second half of 1965 a lift that Wall Street apparently thinks it will be needing. But also in the weeks and months ahead the government will step up its spending in many other lines — aerospace and defense contracts, or federal aid to schools, highway construction, and new and old forms of social welfare. Some will benefit directly. Others will gain because communities will get contracts or ncreased federal funds, and !ocal business is stimulated. Business firms, large and small, have stepped up their plans for spending on new plants and equipment. This, too, can ripple out through the economy. For many it can mean lobs, or longer work weeks, or .ncreased sales on goods produced or new contracts and subcontracts. Record of the Past 10 YEARS AGO — Temperatures: High 81, low 55 ... Eugene W. Thomas of 508 Lake St. was one of 2,167 members of the Purdue University graduating class in ceremonies held June 5 at Lafayette, Ind. Thomas who completed his degree requirements received a bachelor of science degree in mechanlal engineering . . . Pine Creek Baby, owned by Cyril Vandenberg of Ironwood, has become the first field champion owned by a member of the Gogebic Range Beagle Club . . . James Bria and William Webber incumbents, were officially declared elected to the offices of trustees of the Bessemer School District, by the Board of Education. 20 YEARS AGO — Temperatures: High 69, low 45 ... A revival meeting will be conducted by the Rev. Dwight F. Stein- Inger at the Church of the Na- arene in Mercer, Wis., from June 19 through July 1. The Rev. Mr. Steininger is a chalk artist of great ability and will draw various pictures illustrating hymns and gospel songs . . Staff Sergeant Ragner E. Hendrickson of Ironwood has been awarded the bronze star f o r meritorious achievement in connection with military operations against the enemy on Leyte. i\ r li "W*'M fMDOIU for our EuropMp PuttiM* Bakery 45 G ea STREUSEL COFFEE CAKE.. 39 C FRY CAKES.. doz. 55 C c PINEAPPLE NUT LOAF EACH DANISH KRISP1ES to. 59 latati POTATOES WHITE STOKELY'S FROZEN FRENCH FRIES * Ipt. 8 oz. bottles SUPREME RED TAG COOKIE SALE COOKIES PAW PAW GRAPE • i • • . V JUICE COCKTAIL MARGARINE RICH FLAVOR FRUIT 1 Ib. 13oz. cans FROZEN PICTSWKT LEMONADE 10 •"• IV cans BLUE SEAL Ibs. MEAT VARIETIES CAMPBELL'S SOUP WELCHADE PIZZA MIX TOMATO SAUCE STRAWBERRY PRESERVES lOVzoz. $1 00 cans I REFRESHING DRINK CHEF BOY AR DEE 15'/20Z. pkg. STOKELY FROZEN FRUIT PIES c STOKELY'S FINEST PHILLIPS PURE MICHIGAN Strawberries STA FLO SPRAY STARCH AJAX CLEANSER CHUCK STEAK SWIFT'S PREMIUM TENDER AND JUICY! SPARKLING FRESH BEEF STEW Boneless Cubes Ib. 69 SWIFT'S PREMIUM FRANKS VU-VAC PKG. LB. 59 SWIFT'S STERLING SALAMI GERMAN STYLE *. CHUNK LB. EAGLE RIVER OSCAR MEYER ORANGE DRINK 'If 29e LUNCH MEAT 'iT 39c HUNT'S PEERS SEMI-BONELESS SPINACH 3«"35c PIG FEET 't"39c KRAFT'S FLEISCHMAN'S OIL AUPUTOS, „, 57c MARGARINE 2 ,*. 75e CRACKER BARREL SHARP OUR OWN CHEESE STICKS AUNT JANE RELISHES NORTHERN WHITE PAPER TOWELS 2 ,„,„ GALA 4c OFF "" 49c BISMARKS S E BAGGIE ,„ 20c SANDWICH BAGS WAXTEX 39c WAXED PAPER AURORA i d«. 45c 39c PAPER TOWELS 2 ,* 39c TISSUE 5, 2 r; 43c 2 „», 25c STA FLO LIQUID STARCH o. 25 AJAX FLOOR 4 WALL CLEANER 3lb. 601. 87 6 12c OFF AJAX Window Cleaner Box. 29 AJAX DETERGENT 3lb. l'/40Z. 79 FLORIENT DEODORANT 7 01. spray 59' AD DETERGENT 3lb. 2 01. 79 2lb. 51; ez. VEL 79° LIQUID AJAX CLEANER Ipt. 12 ez. S. A. GRIEWSKI MARKET lronwood-932-3930 SWANSON'S STORE . . . Bessemer-6677221 SARKELA'S GROCERY . . lronwood-932-3312 2 CASHMERE BOUQUET reg. bars PALMOLIVE 13c OFF SWANSON'S GROCERY , lronwood-932-4102 MARTINI'S STORE Hurley-561-2444 DELMET MERCANTILE. . Wakefield-224-7411 ZIGGY'S FOOD SHOP. . Wakefield-224-7421 FOOD STORES W Vi

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