Alton Evening Telegraph from Alton, Illinois on January 7, 1971 · Page 15
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Alton Evening Telegraph from Alton, Illinois · Page 15

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Alton, Illinois
Issue Date:
Thursday, January 7, 1971
Page:
Page 15
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M6 Aftdn fivenhig Telegraph Thursday, Jan. 7, 1971 Users stockpile steel supplies By GARY W. GRAHAM PITTSBURGH, Pa. (AP) — It's pretty much a foregone conclusion there will be a steel strike in 1971. But whether or not there is, John Q. Public will suffer. In anticipation of a strike, big buyers of steel are putting In their orders now so they will have stockpiles available If the United Steelworkers shut down the industry in August. This is called hedging. The hedging, regardless of a strike, will leave a void in production in the late summer and fall and workers no doubt will be laid off. Unemployment would go up; the economy down. The effects of a strike ilself are evident. No only steelworkers, but others whose jobs are touched by the steel industry, would be hurting. With little money coming in, purchases will be kept at a minimum, and this will hurt retailers and other businessmen. Should there be a strike, as nearly all experts and in- d u s t r y watchers are predicting, the subsequent settlement is likely to bring about a hike in steel prices. And, as it always does, a price hike would find its way Into the pocketbook of the consumer. A spokesman for a major appliance manufacturing firm In the East said he had no doubt that the steel industry will seek price increases regardless on a strike or what settlements reached wih he steelworkers. "And," he said, "If we have to pay more for seel we'll have to charge- more for our appliances." The probability of a price hike was confirmed in recent remarks by Edwin Gott, chairman of ' the nation's largest steelmaker, U.S. Steel Corp. "I certainly think that if you look at the profit sheets of the steel Industry that there is no question that there has to be some price increases," Gott told newsmen In New York Dec. 17. One reason and probably the most . important, why industry experts are sure of a strike is the list of demands USW President I.W. Abel says he'll be asking for when the negotiations begin. These include "a substantial wage increase," cost of living escalator, increased and additional benefits and a four-day work week. The minimum, a union spokesman said, the USW will be seeking is what the United Auto Workers got from General Motors Corp. in its 10-week strike in the fall. The ggm settlement called for a 30 per cent wage increase over the next three years, plus some very expensive benefits. One steel industry spokeman summed up 1071 like this: "Booming business" for the first seven months; "the doldrums" thereafter. The hedge-buying apparently has begun. After an industry slump caused by the auto workers strike, orders have taken an upswing. "In the past, 2>,i weeks orders are up sharply," said a spokesman for a major Eastern steel company. "And these aren't counting what we expect from the auto industry." In line with the upturn, Wants to be declared alive LITTLE ROCK, Ark. (AP) — Frank .]. Wright, 08, a former North Little Rock resident, who was declared legally dead in August 1985, appeared Tuesday in Chancery Court and asked that he be declared alive again. Wright's attorneys told Chancellor Murray 0. Reed they could not find any Arkansas court cases concerning the return of a person who had been declared dead. Reed told the lawyers to look again and file briefs in J5 days, delaying a ruling. , Wrigb.lt said he had been jiving near Ash Fork, Ariz., {or the past 2&years. Wright's ex-wife petitioned in 1965 to have Wright declared dead under .a law that says a person who Jias "absented" himself from the state for seven years "without Hidings" may be presumed those mills which laid off workers during the auto strike slump announced plans to begin a recall, \rmco Stcpl in Middletown, Ohio, said it was going to call back 112 laid-off workers the week after Christmas and 342 more by the first of the year. Jones & Laughlin Sled Corp. said its companywide furlough roils have remained constant at about 4,000 since early October. but that, callbacks are expected by the first of the year. the steel industry will swing into f:ill production probably in March, when the auto makers are expected to begin hegebuying. This "booming" phase could last right, up to the steelworkers' contract expiration of Aug. 1, barring any extensions, which aren't Irkely. Breezy ride Joe Funk pilots his experimental airplane over CW- feyville, Kan. The pusher-type plane was purchased from three amateur plane builders in Lttchfield, III. It originally had an old 65-horsepower engine but Funk installed a 100-horsepower Rolls Royce engine. (AP Wirephoto) FIRM RIP! BANANAS 11* Lb. Prices Effective Thru Sot., Jem. 3 STORES TO SBttVE YOVl 411 Piasa, Alton • Washington Square, Alton 20 W. Edwardsville Road, Wood River Quality O/scount Shopping dean Sweep Ladies Dep't. Prices Slashed! Giant Savings: INOW Boy's - Girl's Dep't. Ladies' Fall and Winter Goafs Ladies' Blouses—Asst. Styles and Fabrics Ladies' and Girls' Mittens or Gloves Fall Sweaters—Asst. Colors and Styles Ladies' Sleepwear Knit Tons—Fashion Colors and Styles Stretch Panty Hose, one size fits all Ladies' Robes—Asst. Styles and Colors 77c-*3T «p*J yO fc — O i 2l*3lT *2_*3_*4_ $ 5 Girls' Fall and Winter Dresses . . . Girls' Fall and Winter Coats, size 4-14 . Girls' Sportswear, Asst. Styles and Fabric Infants' Winter Coats, Size 0-24 mo. . Boys' Winter Coats, Size 6-20 . . . Jr. Boys 7 Winter Coats, 3-7 .... Jr. Boys' Long Sleeve Snort Shirt, 3-7 . Ir, Boys' Flannel Shirt, 3-7 .... $ 3_*4_ S 5 25% o« , ?2_*3 25% 0 « 20% OH 20% 0 « 99c 99c Jewelry Dep't. 'WASH Prices Slashed! Ladies', Men's Billfolds Necklace, Earring Set Jewelry Boxes His & Her Brush Set Jewelry Boxes Jewelry Dep't. Prices Slashed! Jewelry Boxes Kleenex Boutique Holder Jewelry Boxes Lady Remington Jewelry Boxes WASI Prices Slashed! Giant Savings! |NOWlWIWAS|Prices Slashed! Giant Savings! |NO Sporting Goods 7.97 8.88 16.88 4.97 4.97 9.97 5.97 10.88 Velour Shirts, long sleeve, S-XL . . Jersey Knit New Stripe Shirts, S-XL . Men's 2-Piece Sweater Set ... Men's Corduroy Slacks, W29-36 in. . Men's Dress Shirt, solid deep tones . Sweaters, cardigan and pull over . Boys' Ski Sweater, All Sizes . . . Boys' 2-Piece Sweater Set, size 14-20 only $6.00 $7.00 $14.00 $ 4.00 $3.97 S 7.00 $4.88 $9.00 25.88 5.99 1.97 19c 1.37 49c 76c 90c 45 PC. Set Ironstone Dinnerware . . 3-Pc. Cast Iron Skillet Set . . . £'-•..„ Wood & Wrought Iron Pieces . 9-Volt Transistor Batteries . . . Bernz-0-Matic Propane Tank Refills 6 Ft. Extension Cord, brown or white 9 Ft. Extension Cord, brown or white 12 Ft. Extension Cord, brown or white $18.88 2.97 1.00 10c 97c 29c 3/S1.00 2$UO Domestic Dep't. WASI Prices Slashed! Giant Sayings! INOW I"*. ir 97c v,. | 3 HH jfn |ii I6 88 44c Honeycomb Prints Piece Goods . Northern Electric twin Blanket JSS, Poly Press Piece Goods .... Northern Electric Full Blanket £& Bonay Piece Goods ..... Aspen Piece Goods . . . . . Northern Electric Full Blankef "ill, Winterette Piece Goods . , , 88c Y.I IJQ8H 73c Y,, $ 1 I 00 #*J58 V Yd. 88c Yd. *I3 00 33c Yd. Sleeping Bags .. M-Pc. Aluminum Golf Set No .111 Daisy B.B. Gun 99 Armac 8-Ft. Pool Table Asst. fishing .Reels Toy Dep't. 7.99 3.99 2.99 5.99 2.59 Flying Major Mat Mason . . Ketchup or Pifli na , Tou Banana Hiding Toy .... Go To Head of the Class .. "ulf H r m Climbing Engine . Uncle Wiggily Game ..... $4.99 $2.49 $1.99 $4.96 $1.99 Drug Dep't. WASI Prices Slashed! Giant Savings! NO Dep't. Prices Slashed! 1.79 42c 72c 34c 39c 15.88 59c 1.47 Bayer Aspirin 300's ..... 6 1/2" Envelopes No. RC-1 . . . 500 Ct. Notebook Paper .... Lydia Grey Table Napkins, 200 ct. . Seven Sea's Deodorant, 4 oz. . . Miro-Lite Make-up Mirror . , . Tom Scott Mixed Nuts, 13 oz. . . Scope Mouthwash, 24 oz. .... immmtmmi $1.64 31 c 49c 24c 19c $12.88 44c $ 1.32 3.97 3.97 7.97 23.88 f.97 Men's Asst. Loafers womon"" d Step-in Casuals . . «&•,"" Lined Boots Men's 8" Insulated Boots . Men's Lined Desert Boots . $ 2.20 $2,00 $5,50 $18,00 $ 6,00 Auto Dep't. Prices Slashed! Transmission Fluid . Sewn Chimoii Snow Brush ft Soraper. Zerex Windshield De-leer . Prices Good thru January 11,1971 GUARANTEED LOWEST PRICES OR YOUR MONEY BACK BELTLINE HIGHWAY (at Buckmaster Lane) or visit our store at Fairview Hts. -W. HIGHWAY50 Plenty of Shopping Hours! DAILY 9:30 A.M.-10 P. M.I SUNDAY 10 A.M.-6 P.M WE HONOR ALUNTEMANK MASHRCMARIK I..I7-T———! CREDIT CAROS lANMMe*|$AJJo| * NOI * N * '- "*"' AMIRICAR9

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